Downtown Toronto Practice

Location, Location, Location!  This 4 day a week general practice is located right in the heart of downtown Toronto, surrounded by financial organizations, private businesses, educational institutions and new condominium developments.

The existing facility is equipped with 2 operatories, a private office, sterilization/lab area, utility room, waiting room and reception, in a total of approx. 600 square feet.  Current owner employs hygienist for merely 3 hours each week and refers out many services.  There has been little marketing completed over the past several years, however, present dentist maintains an active patient base of about 550 loyal patients, receiving approx. 7 new patients each month.  Appraised at $500,000, Asking $495,000.

Additional Highlights Include:

  • A total of 680+ suites are being developed in the neighbourhood, creating a wonderful gateway to increase new patient flow
  • Average monthly production of $35,500+
  • Hygiene production at about 35% of total gross revenue
  • Significant foot traffic and great street exposure
  • 75% of patients are insured
  • Located on and near major public transportation lines
  • Long-term lease in place
  • Possibilities for expansion available

The practice has been priced to sell and as such, offers will be presented when received.

Showings of the practice will be held on Sunday October 1, 2017 by appointment only.  For further information and to book your showing please contact Cassandra Paolella.

Status:New EBITDA:$98,500 + SQFT:600 Gross Rev:$430,000 +/- Appraised Value:$500,000 Hygiene hours per week:3 Number of Operatories:2 Patients (active):550 +/- Patients (new):7/month

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