Dental Practices for Sale (Signed LOI)
Vibrant Toronto Area Family Practice
About Listing #ON4117
An incredible opportunity awaits you in this bustling shopping centre in Toronto. Introducing a remarkable 4-operatory dental practice, with ~ 1,000 patients, a strong hygiene program, and more potential for future growth given the conservative dental billings and growing surrounding area!
Key features include:
Prime Location: Situated in a vibrant retail and residential area of Toronto, with plenty of traffic and abundant free parking, the practice is perfectly positioned to provide a convenient experience for your valued patients. Surrounded by condos (with plans for a new building), as well as other apartments and houses nearby, there is ample opportunity to increase new patient flow for someone with a renewed focus on marketing activities.
Inviting Ambiance: Step into a well-maintained facility that was designed to keep ergonomic principles in mind for your comfort, efficiency, and well-being. This 4-op practice is ~1,500 sq. ft. and also includes a consult room, a private office for the dentist, a staff room, sterilization area, and a lab area.
Work-Life Balance: Tired of working late evenings and weekends? Embrace a healthier work-life balance with this practice! The Monday to Friday schedule allows you to enjoy more time with your loved ones and pursue your passions outside of dentistry (or take advantage of the opportunity to expand practice hours to attract new patients!)
Strong Hygiene Program: A foundation for success, this practice enjoys an 89% hygiene compliance rate and hygiene billings per hygiene patient per year that are 67% above average! Benefit from a well-established, sustainable and profitable hygiene program that keeps patients coming back on a regular basis.
Upside Potential: The conservative dental billings in the practice, suggest significant upside potential for a dentist wanting to offer more services in house.
Lease: Enjoy the benefits of a long-term lease that runs until January 2033, with an additional 5-year renewal term.
Transition: The vendor is willing to stay on a reduced schedule (ideally 2 days per week for a year or more) to provide a successful transition to the new owner.
Don't miss this opportunity to own a great dental practice, in a fantastic location, with a bright, sunny 4-op facility, a good-sized patient base, supported by a strong hygiene program, and room for further growth. Along with a vendor willing to provide a great transition, this opportunity won't last long. Contact us today to get the appraisal and discuss next steps. A virtual tour is available. In person walk throughs will be scheduled by appointment on Sunday, August 11th.