Practices For Sale

Ref# 5315

Status: Conditionally SOLD

Location: Ontario

Gross Revenue: $1,314,745

Appraised Value: $2,232,330

Asking Price: $2,250,000

Cash Earnings: $716,771

Central TORONTO Updated Appraisal

Purchasing an established office in a medical/professional building is an excellent opportunity for a first-time owner.  This clinic offers consistency and stability.  As a further benefit, this sale will be an asset sale, which is of greater tax benefit to the purchaser.  We expect buyers to seek advice from their accountant.

HIGHLIGHTS

  • Gross revenue consistently at ~$1.3 million
  • Non-assignment practice with minimal accounts receivable
  • Hygiene is approximately 37%
  • 30+ referrals sent out monthly
  • Clinic open Monday to Thursday from 8 am to 5 pm.
  • 4 operatories spanning just under 1,800 square feet
  • Abeldent Software is used in the practice.
  • Primarily adult-focused with a strong emphasis on crown and bridge dentistry
  • Traditional hours only. No evenings, Fridays, or weekends
  • Six full days of preventive care, generating close to 40% of total production
  • Four long-tenured staff members, resulting in a lean and easy-to-manage team
  • Vendor available to support a short transition, and happy to provide mentorship
  • Good lease with a step-down demolition clause in place
  • Located in an affluent, high-income demographic community with outstanding TTC access

ADDITIONAL INFORMATION

  • Information booklet will be provided within 48 hours to those who inquire on this listing
  • Confidential open to be held by appointment only
  • Offers will be presented as received

For more information or to schedule an appointment, please contact Jackie Joachim, Sales Representative & COO, and/or Bev Taylor, Sales Representative.

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