Ref# 5248
Durham Region
A modern, beautiful practice in the Regional Municipality of Durham, one hour northeast of Toronto. This 5-operatory practice is exceptionally well maintained and would make any owner proud. The practice was built in 2014 and continues to show growth in production. However, the owner has decided they want more family time, which motivated them to put the office up for sale.
The practice is situated in a commercial plaza and is on the ground floor with good signage and parking. An exclusivity clause in the lease ensures that there will not be any other dentist in the complex. There is an excellent lease which runs to March 2035, followed by two 5-year renewal options, and there is no demolition clause. The office is a spacious 1800 square feet, but the lease also provides a first right of refusal on the adjacent unit should it become available, which would allow for significant expansion of the dental practice. In addition to the 5 equipped operatories, there is a Pan room, a business office, a staff room, and a photo room, which you rarely find in a practice.
There are approximately 1600 active patients in the practice with a current monthly production of about $150,000, and the cash earnings are excellent. Two hygienists represent 35-40% of the total. The owner currently works 4 days per week plus one Saturday per month with 3 associates, adding 5 days. That means on three days during the week, there are 2 or 3 dentists and 2 hygienists. Additionally, two specialists attend one day per month. Busy office. Four of the associates were hired this year. You will see the effect of this in the production figures since March 2025, which increased by $40K per month.
Highlights of this Practice Include:
- Digital and paperless
- Office manager on staff
- Tracker software
- Itero scanner
This modern, well-equipped practice is suitable for either an investor dentist or a hands-on owner. The vendor could continue to work an occasional Saturday for a period of time to be negotiated.
Additional Purchaser/Advisor Information:
- A profile of the practice will be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement
- An Open will be held, by appointment, on Sunday, July 6th
- The full appraisal will be provided to interested parties who have attended the Open, within 2 days following the open
- The deadline for offers will be Friday, July 18th
- The closing date for the sale should be not later than September 15th and priority may be given to buyers who can accomplish an earlier closing