Downtown Toronto Practice for Sale

This bright and modern, street-level practice located in the heart of downtown Toronto – an opportunity that surely will not last long.  With 1,950 square feet this facility houses 3 equipped operatories, with 2 additional plumbed areas to be converted into ops, a large reception area, private consultation room, pleasant sterilization area, separate patient and staff rest rooms, private admin office, lab area, staff room, tv/lounge area and more!

This 6 year old office is still growing and has about 600 active patients to date, with an average of 20 new patients each month.  Current owner is only working 3 days a week as a personal preference, with early closure on Friday and no Monday, Saturday or Sunday availability.  Correction: Current hygiene billings are around $420/patient/year.   Owner is currently delivering hygiene services to patients, as well as the hygienist who works 17 hours each week.  The practice refers out 100% of Ortho and Invisalign cases.

This practice is ready for a motivated dentist to take it to the next level!  Our client is willing to offer a reasonable transition period to help ensure success of the new owner.

The practice is Appraised at $998,000, Asking Price of $1,197,000.

Additional Features/Benefits:

  • Tons of natural light
  • Non-Assignment Office
  • Wheelchair Accessible
  • Very close to major transportation lines
  • Great lease in place (Exclusivity, No demolition, No relocation)
  • Digital X-Rays
  • Digital Pan
  • 80% Insured patient base, no social assistance

Showings will be by appointment only, beginning Saturday November 2, after interested parties have reviewed the full appraisal.  Offers will be presented when submitted – first come, first serve! Interested parties are asked to reach out to Cassandra Paolella or Derek Hill.

Status:Sold Premium SQFT:1,950 Gross Rev:$515,000 +/- Appraised Value:$998,000 Hygiene hours per week:17 Number of Operatories:3+2 Patients (active):600 Patients (new):20/month

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