If you are a dentist looking to BUY a practice, REGISTER ABOVE to get the latest deals emailed to you! If you’re a dentist looking to SELL a practice, contact DMC LLP – because Brokers make you Broke-Er!
DO NOT CONTACT THE OFFICE! The address we have listed is NOT the real address, but very close-by. The Appraisal lists the REAL address. Please sign up for the open house and request the appraisal directly from Michael@dentistlawyers.ca.
UPDATE: these practice(s) are now CONDITIONALLY SOLD! If anything changes, they will be re-listed on our website as “available”.
OPPORTUNITY: Phenomenal Opportunity to Buy a Newer Stunning 5 Op (4 ops equipped; 5th op has cabinetry; with room for 1 more op) Downtown Toronto Dental Practice. All digital / paperless. This 1,800 Square Foot + Big / Bright + State of the Art Dental Practice was just appraised by Matt Bladowski of Dental Strategy for $1.287-million. It comes with ~1,151 Active Patients (~1600 patients registered in the system) + Billings of ~$60k / month (gross was ~$784,177 from June 1 2020 until May 31 2021) + Hygiene at over 30%. This Practice Has Grown Very Quickly since it started a few years ago and Has an Amazing Downtown Location. This would be a share sale. The practice has an associate, the seller works only part-time and the seller does not wish to stay for a transition. So much work is being left on the table. Software: Cleardent. The lease is fantastic (DMC negotiated it) and it comes with an opportunity to buy the property when the landlord wishes to sell. Other great terms of the lease: excellent transferability / assignment clauses, 2 parking spots included and a locker, and lots of years left. The appraisal will be ready before the open house. Recent production numbers:
June 2020: $60,574
July 2020: $84,291
August 2020: $69,416
September 2020: $65,050
October 2020: $67,563
November 2020: $45,640
December 2020: $50,623
January 2021: $46,889
February 2021: $55,339
March 2021: $79,578
April 2021: $66,552
May 2021: $84,733
Billings from June 1, 2020 until May 31, 2021: $784,177 (includes lab)
But Wait! There’s More! We at DMC have ANOTHER dentist with an established practice VERY VERY CLOSE and whose lease is up at the end of June 2021 and they need to move their 2 op / Grossing $600k practice ASAP! There is no appraisal for this smaller practice. It will also be a share sale and it comes with equipment, charts, and team members (including principal dentist). This needs to be a very quick sale and the seller is open to all reasonable offers. The principal dentist is willing to transition for at least 12 months (could be longer, depending on how things work out).
OVERALL PICTURE: This is a HUGE / RARE opportunity to buy a Big Beautiful Downtown Toronto Practice that already has a team, patients and associate AND merge it with another established downtown Toronto Practice that comes with working equipment, a principal dentist associate, even more patients and team members. You won’t want to miss this one!
APPRAISAL: can be requested directly from Michael Carabash (firstname.lastname@example.org).
VIDEO WALKTHROUGH: will be available and sent via private link for those who are unable to attend the open house.
WARNING: DO NOT CALL OR ATTEND THE OFFICE. IF YOU DISCLOSE CONFIDENTIAL INFORMATION TO ANYONE OTHER THAN YOUR TRUSTED ADVISORS (LAWYER, BANKER, ACCOUNTANT) YOU WILL BE BANNED FROM THIS SITE FOR LIFE.