North York Practice (or charts) for Sale

Established dental practice located above a busy, prominent shopping center. Dentist owner is open to entertaining offers for the purchase of the patient base/charts and will assist in a Transition period to be negotiated.

The practice is located in a 1,300+ square foot suite that is equipped with 5 operatories, a Pan, Private Office, Sterilization Area, Staff Restroom and more. The office is wheelchair accessible and features a large amount of free parking for the 550 active patients. Favourable Lease in place.

Current owner operates with a conservative approach to dentistry and is producing well below the Ontario average per patient, which means there is great opportunity for the new owner to expand the business and service offerings.

Additional Features Include:

  • Patient base is 70% insured (excluding Social Assistance Programs)
  • Very close to major public transit lines
  • Little to no marketing taking place
  • Currently referring out a large amount of endo and ortho and perio
  • Shopping Centre was recently renovated and has several major tenants
  • English-Speaking, Multi-Cultural patient base

 Asking Price $345,000. 

Appraisal Available upon request.

IMPORTANT INFORMATION

An Open House will be held February 27, 2022, by appointment only, and available to those who have first reviewed the appraisal.

Letters of Intent will be due by 12:00pm on Thursday March 10, 2022.

Listing brought to you by: Cassandra Paolella, Sales Representative.  For additional information, please reach out to our office at info@hillkindy.com  

 

Status:Offer Registered SQFT:1,300 +/- Gross Rev:$290,000 +/- Appraised Value:$407,000 Number of Operatories:5 Patients (active):550 +/- Patients (new):4/month

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