Ref# 5229
East GTA
ROI Corporation is pleased to present this wonderful opportunity to own a thriving and well established general dental practice in a busy retail/medical plaza with ample free parking. Qualified candidates will have the opportunity to attend an Open on Sunday, May 18th hosted by Jackie Joachim, Chief Operating Officer & Sales Representative.
Offering general dentistry, our client has taken great pride in owning and operating this clinic for the past 40 years. Evidence of our client’s commitment to exceptional care and service can be seen by the excellent Google and RateMD reviews.
The team consists of the principal/owner, an associate, 2 hygienists (1 f/t and 1 p/t), 2 chairside assistants, office manager/receptionist and 1 receptionist.
Located on the main floor of a 4-storey media/professional building, this 4-operatory practice spans ~1,300 square feet. Although already thriving, this neighbourhood offers significant potential with various high density residential redevelopments in the works.
Highlights of this practice include:
- Approximately 25% of production is attributed to preventative care
- 40% of the patients come every 3 months while 50% attend every 6 months
- A favourable lease with no demolition clause
- Just under 1,400 patients have attended the practice within the past 24 months
- Paper charts with digital x-rays
- Approximately 20 new patients per month
- Most patients have comprehensive insurance
- The practice is non assignment
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided to interested parties within 48 hours of your request
- The Appraisal will be distributed on Tuesday, May 20th
- A Confidential Open will held by appointment only on Sunday, May 18th
- Offers to be submitted by Friday, June 6th at 5pm
- The Offer Request Form must be submitted 48 hours prior to the Offer deadline
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Our client is flexible with both the transition and the time of closing