ON – Toronto Trifecta of Opportunity
For those eager to explore all options and build personal wealth through ownership of a practice and building, then this is one to check out.
This established practice is located on a busy thoroughfare in Toronto, with close access to public transit, and parking available for patients and staff. It is nestled in a dense residential area, and has fantastic exposure indeed, it has the kind of visibility that is the key to driving strong new patient flow, and the increased revenue that goes with it. With over 400 new patients seen in the last 24 months, this practice has enjoyed steady annual growth in patient counts and revenue.
With over 1,350 annual patients (over 1,600 in a 24-month period including the COVID shutdown), this strong hygiene driven practice has had a solid recovery from COVID, with annual revenue significantly exceeding prior years. The below average dental billings, and strong hygiene compliance, suggest there is substantial upside revenue potential in this practice. While there are some specialty services currently provided in house, there is room to grow further.
With an efficient use of space, the ~925 sq. ft. on the main floor includes 4 ops, a sterilization area, lab, reception area, pan, and private office, while the lower level includes a staff room and ample storage space.
The stand-alone facility is also available for sale, so if you would like to build equity in both the practice and the building, this is a great opportunity for you. Not quite ready for the investment in real estate? The vendor would also be willing to enter into a long-term lease.
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