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UPDATE: this practice is now conditionally SOLD. If anything changes, this listing will be updated.
OPPORTUNITY: Long-standing dental practice on the corner of a busy strip plaza in Etobicoke. Excellent location (free parking + good signage) + 1000 square feet (practice) + 1000 square feet (basement). Predominantly restorative focussed + 3 ops + 520 unique patients (diverse ages) + ~300k in collections + ~$125k in cash earnings + low Accounts Receivables (no co-pay issue). Dentist takes about 6-8 weeks of time off each year. Practice was recently appraised for $580k. Expenses are VERY LOW because: the Dentist does their own hygiene, doesn’t advertise, has only 2 staff, and pays low rent. The Selling Dentist OWNS the property and can offer a valuable long-term lease agreement; selling dentist would consider offers to sell the property or give a right of first refusal to purchase the property as well. Vendor is happy to stay on for a short transition.
APPRAISAL: you can download the appraisal now by signing into your account, selecting this listing and then clicking ‘download appraisal.’ As usual, please don’t contact or visit the office and please keep the appraisal confidential.
Video Walkthrough: if you missed the open house, you can request a video walkthrough of the practice directly from Michael Carabash (email@example.com).
OFFERS: Letters of Intent can be submitted to Michael Carabash (firstname.lastname@example.org).
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