Welcome to Professional Practice Sales
Professional Practice Sales has been serving the dental profession in Ontario and Western Canada for over 25 years. We are known for our honesty, integrity, and superior value. As knowledgeable professionals we value your practice, in confidence, show you how you can get the maximum return on your investment and then take you through the steps of marketing the practice. We handle all the details of the sale process.
2 South Mississauga Practices
The valuation will follow (expected to be $1,300,000 for both practices).
2 dental practices in professional buildings near the Trillium Hospital locations, 7 km apart in South East Mississauga.
The main practice is near Sherway Gardens mall and on the main floor. The 950 square foot, 3 operatory clinic opened in 2016, treats 740 patients, produces collections of $670,000 and attracts 20 new patients per month.
The second practice is near Hurontario and Queensway. This practice is over 40 years old and on the upper floor. The practice bills $200,000 and has a month-to-month lease. The 450 active patients have just started to be transferred to the newer practice. There is a long-term premises lease in place with a demolition clause, but the landlord has agreed to postpone this clause for at least 10 years.
General Family Practice
This 3 op, long established family practice is located on the ground floor of a strip mall with excellent street exposure. A great starter practice for a recent grad. Could also be merged into a local practice, as there is flexibility in the lease. Vendor is retiring but will stay for a smooth goodwill transition.FULL LISTING
Small Family Practice
Newer 2+1 operatory dental clinic in Scarborough on the corner of Sheppard and Warden was reopened in August 2018, after the original practice was relocated nearby. The newly renovated 1,500 square foot practice is located on the second floor of a very busy strip plaza that is anchored by McDonald's, Dollarama, a pharmacy, a restaurant and more. Since opening, the practice has attracted 74 patients and is producing approximately $3,000-$10,000 per month, with a part-time associate treating the new patients.
There is a long term premises lease in place with a demolition clause. The clause states that if demolished in the first 5 years, the owner will be compensated with $100,000 from the landlord.
This is suitable for both, building up a new practice or relocating an existing practice from the area.FULL LISTING