$
1070000
Production
Sq. ft
2100
Size of Office (Approx)
3
Number of operatories
Available
Status
Amazing opportunity to take over an established, consistently producing, lovingly maintained, dental practice with a diverse client base in the Danforth area of Toronto which is easily accessible by car, transit or walking. The dental practice has consistently grossed ~900k per year but post-covid has been growing and is on pace to gross ~1.1M (with room to grow/expand the practice). The Selling Dentist is conservative in their dentistry and there is lots of dental work/surgeries waiting to be provided to the approximately 1,750 patients. As part of a sale process, there is the possibility to obtain a right of first refusal to purchase the property.
Recently appraised for $1.24 million with:
- Production
- Fiscal Year 2020 ~$973,394 (adjusted for Covid-19)
- Fiscal Year 2021 ~$914,112
- Fiscal Year 2022 ~$915949
- Fiscal Year 2023 ~$1,070,000 (annualized based on 8 months)
- 3 fully equipped ops (+ 1 more plumbed and wired op is available)
- Strong hygiene program (~42% of overall production)
- Strong adjusted cashflow (~40%)
Opportunities For Buyers:
- Turn-key dental office ready for a new owner
- Easily grow production
- Expand the number of operatories
- Move an existing practice with a bad lease into this practice with potential real estate ownership
- Increase marketing
Appraisal
You can request a copy of the Appraisal by emailing David Mayzel at david@dentistlawyers.ca.
NOTE: The Selling Dentist will VET every request and will decide who to send the Appraisal to.
WARNING: Do not call or visit the Practice without a registered appointment. This will constitute a breach of confidentiality, and you will be banned from this site.
Contact
For more information about this and any other dental practice on this site, register for a free account above or contact dental lawyer David Mayzel (david@dentistlawyers.ca | 416.528.5280).
If you’re a dentist looking to SELL a practice, contact us to find out how DMC LLP helps dentists sell your Practice to the right buyer with no commissions or hidden fees.
Please note that the pictures used in this listing ARE NOT of the actual Practice to maintain confidentiality. For specific images and practice details, please request the Appraisal.
Still Looking? Let's Talk.
You know the value of a great practice and the importance of finding the right home for your dental team and patients. We want to help you make an informed decision.
As dental lawyers, we can review, prepare and negotiate all the complex legal documents. We work hard to protect your rights and advance your interests. And we are deeply rooted in the dental industry, so we know the right players and processes to give you the smoothest deal possible.
So please get in touch with us if you have any questions or if you can’t find a practice that fits your goals.
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Selling your dental practice takes specialized knowledge, skill, and a deep understanding of the needs of buyers. You need to prepare your practice before you sell, which means proper team contracts, the right lease terms, and a good corporate setup. We can help!
Call us for a complimentary consultation to find out what your practice is worth today and find out how you can list your practice on DentalPlace and have access to over 2300 registered buyers.
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