Eastern Downtown Toronto General Dental Practice - REF.#D1365

$1,100,000 CAD

Appraised value - practice: $1,069,110

Asking price - practice: $1,100,000

REF#. :     #D1365 
Available:  08/09/2021
Province:   Ontario
Type:         General Dental Practice
Region:     Eastern Downtown Toronto
SQFT:        ~1,000 sq/ft
Gross Rev:  $575,631
EBITDA:      $355,090
Status:        SOLD

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MBC Brokerage is excited to offer an opportunity to purchase a well-established dental practice in the eastern part of downtown Toronto. The practice was opened 32 years ago and has been in the same neighbourhood since it opened. It has been at its current location for 12 years.

The practice is located on the main floor of a stand-alone building on a busy street. It is approximately 1,000 sq ft and includes a reception area, business area, private office, staff room, three operatories, pan area, sterilization area, lab and 2 washrooms. The doctor also owns the building.

The practice has 800-900 patients and obtains 10-12 new patients per month. 85% of the patients have insurance and the practice does except assignment for 60% of the payments. Diagnostic and preventative dentistry accounts for approximately 48% of the production.

This desirable area is going through a revitalization with new condos creating even more foot traffic and visibility. With an increase in marketing and the new development in the area, this practice is filled with potential.

For more information or to book an appointment to see the practice on Sunday September 19th, please contact Tom or David Schramm.

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Tom Schramm
Broker

Direct: 416-720-3915

David Schramm
Sales Representative

Direct: 289-834-3893

More info on Tom and David >