Practices For Sale

Price: $1,120,000

Revenue: $1,182,061

Cashflow: $358,511

Ref# 5060 Status: New Location: Ontario Gross Revenue: $1,182,061 Appraised Value: $1,119,750 Asking Price: $1,120,000 Cash Earnings: $358,511 Listing Views: 873 Toronto ROI Corporation is delighted to bring this general/prosthodontic practice to market! Production is mainly driven by preventative & restorative treatments, with prosthodontic treatments (fixed & removable) accounting for 17% of gross. Exceptional dental & patient care has led to a strong reputation amongst professionals and past patients. In the past 24 months, this practice has cared for ~900 patients. As a non-assignment practice, bookkeeping and patient management are exceptionally strong. The staff is well-trained and highly motivated. In 2021, the practice was relocated to the current unit, offering a clean, contemporary design. The efficient layout of the 1,200 sq. ft. unit nicely houses 3 operatories, sterilization area, laboratory pan area, and a private office. Our client is happy to aid in a transition post-close to help in the successful transfer of the practice. Located in a retail/professional building in a prosperous, exciting area of the City, this practice is extremely accessible for patients and staff. The current lease term runs until June 30, 2031, with an additional 5-year renewal available. As is common with Toronto buildings, this lease includes demolition, which could be exercised after the current term is complete. The Landlord is required to provide 15 months notice. Strong anchor tenants are present in the building. Highlights of this practice include: 1,200 sq. ft. facility 3 fully equipped operatories Fully digital office operating on Abeldent software Utilizes RecallMax Open 5 days per week Additional Purchaser/Advisor Information: A Practice Profile will be provided within 48 hours of your request A Confidential Open (by appointment only) will be held on Saturday, April 27, 2024 The Appraisal will be distributed following the Open to those who have attended. The Offer Request Form must be submitted 48 hours prior to the Offer deadline. Offers must be submitted on or before Friday, May 10, 2024 ROI Corporation will prepare all offers on our standard forms for your lawyer’s review For more information, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Oly, Sales Representative.

Link to deal: here

Leave a Reply

Your email address will not be published. Required fields are marked *