Midtown Toronto Dental Office for Sale

Located just north of downtown Toronto, this sweet and spacious 3 operatory dental practice features 1,000 sqft and is located in a multi-story complex featuring mixed residential and commercial units. The practice is in the main floor of the complex and has signage that is highly visible from the street. In addition, the office is located steps from a Crosstown LRT station; with the project almost complete, there are already new high- and low-rise developments underway to meet the government’s mandate for increasing the population near the Crosstown LRT stations. This will make for a great opportunity to capture some new patients!

The practice currently has 1,200 active and loyal patients and is grossing about $650,000 a year with about 40% of production coming from hygiene services alone. The practice operates on a limited 4-day schedule of Monday to Thursday, making for a great opportunity to increase hours in evenings and weekends for the motivated Dentist.

The practice receives an average of about 60 net new patients a year, primarily by word of mouth and patient referrals, as the practice does very little by way of marketing. The patient culture of this practice has been established on long term relationships and mutual respect, so an owner operator would be an ideal candidate for this office.

Owner will assist with a transition period, to be negotiated.

Additional Features Include:

  • Healthy post-COVID recovery
  • 85% Insured Patient Base
  • Office is wheelchair accessible
  • 100% of Ortho and Endo referred out
  • Favourable lease in place, with Exclusivity
  • Street Parking
  • Accessible by major public transit

IMPORTANT INFORMATION

For additional information, please reach out to Cassandra Paolella, Sales Representative.

 

Status:Sold Premium EBITDA:$130,000 + SQFT:1,000 Gross Rev:$650,000 + Appraised Value:$731,000 Hygiene hours per week:35 Number of Operatories:3 Patients (active):1,200 Patients (new):6/month

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