Ref# 5296
TORONTO
ROI Corporation brings to market an opportunity for the right purchaser to own in the core of Toronto. We are proud to note that it was Roy Brown, our founder, who designed and equipped this office in 1965.
Our vendor is looking to relocate out of province, which is the reason for the sale. Our client is motivated to sell.
Highlights of this facility include:
- Practice purchased by our client in 2016
- This is a general practice that offers patients sedation, perio, implant placements, extractions, and the services of a denturist.
- 2 hygienists account for 33% of total revenue
- Work/life balance schedule with room to grow – no dentistry or hygiene provided on Fridays and Saturdays, and most days the clinic ends by 5 pm.
- 10-15 new patients per month
- Diagnostic is ~18%, Hygiene is approximately 33% while restorative is approximately 27%
- Fees are 10% higher than the fee guide
- Assignment office where 90+% of patients have excellent insurance
- Practice accepts CDCP
- Excellent collection policies
- Software is Abeldent
- 5 fully equipped operatories, in-house lab, business office, private office, recovery room, staff room, and 2 washrooms
- Charts and X-rays are digital
- Office spanning ~ 2,000 square feet
- Located in a professional building on the upper floor with terms/renewals until 2038
- There is a demolition clause; however, the landlord has provided written confirmation that there is no project timeline for redevelopment.
Additional Purchaser/Advisor Information:
- A Webinar recording will be sent following your request for more information
- The Appraisal will be distributed following the Open
- 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