North GTA Practice for Sale

Located in the North GTA, this very bright four operatory practice features 1,450 sqft and is located in a busy multi-level medical dental centre.

The practice currently operates on a very limited 3-day schedule, with no evening or weekend availability, making for a great opportunity to increase hours for the motivated Dentist.  With 700 active and loyal patients the practice is grossing about $450,000 a year with about 40% of production attributed to Preventative care. The practice receives an average of about 25 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; thus an owner operator would be an ideal candidate for this office.

Almost all ortho, perio, surgical, and endo specialties are referred out, which offers an optimal place for a well-rounded dentist comfortable with all procedures.

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

Medical Dental Building is partially owned by Dentist, as such a purchase of shares will be made available.  Current lease contains Exclusivity Clause for the use of dentistry.

Additional Features Include:

  • Healthy post-COVID recovery
  • Non-Assignment Office
  • 90% insured patient base
  • Busy Medical Dental Building
  • Ample free parking
  • Accessible by public transit

IMPORTANT INFORMATION

Showings to be held Sunday April 11, 2021, by appointment only, and after reviewing the appraisal documentation.

Letters of Intent will be due by Wednesday April 21 at 4:00pm.

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

 

Status:New EBITDA:135,000 +/- SQFT:1,450 +/- Gross Rev:$450,000 +/- Appraised Value:$735,000 Hygiene hours per week:14 Number of Operatories:4 Patients (active):700 Patients (new):2/month

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