Welcome to Professional Practice Sales
Excellent Scarborough Mall Practice
Attention Investor Dentists and Owner Operators
This established 6 operatory General Family Practice is located in Bridlewood Mall at Warden and Finch in Scarborough. The practice has successfully operated in this mall location for over 30 years, and is currently operated by four partners. The practice is for sale as two partners wish to retire after a short transition, while the two younger partners want to continue for the long term as associates within the practice.
This 2,500 sq. ft. practice, conservatively treats just over 3,000 active patients and has consistently produced revenues exceeding $1,500,000. Cash flows are currently approximately $650,000 to Dentists, and could be improved with expanding hours and treatment options available. Although the practice needs some upgrades, it is functional and is IPAC compliant, and implements proper Covid protocols. Also, some upgrades (Digital Radiography, etc.) would actually improve the overall return on investment to the new owner. The new owner can rely on the vendors to maintain the patient flow through and after transition, and at the same time, there are opportunities to improve practice operations and productivity.
Bridlewood Mall is a well-established mall in central Scarborough with ideal retail anchor tenants and lots of exposure and foot traffic. We all know that indoor malls have been more affected in these times partially due to Covid restrictions, but our clients took responsibility by tightening covid protocols and being cautious. There is a long-term premises lease in place that contains the right for the owner to invoke a demolition clause starting November 2026. Although there are no known plans for this and the mall is currently well suited in place, as a result of this risk, the practice value was adjusted accordingly.
The owners are well organized, caring, and have developed an excellent patient base and dental team, but there is certainly room for expanding treatment and improving operations. As some of the owners are staying, it is a good balance for a transition.FULL LISTING
Coming Soon - 3 Practices Being Sold Together
Absolutely amazing opportunity for the discerning buyer(s) or DSO.
$1,750,000 Cash Flow
$635,000 EBITDA while allowing 45% associate remuneration, $760,000 with 40% remuneration.
3 distinct offices with little to no competition. Associates in place. Owner will stay on 3 days a week for at least 3 years. Wants to slow down and spend more time with family.
Zero need for equipment investment as all locations are high tech - have digital pans, intraoral scanners etc.
3D Tours of all locations and complete valuations available soon.FULL LISTING
General Family Practice including Condo Unit
Attention First Time Buyers & Dentists With Demolition Clauses. Condo is for sale!
Why build from scratch when you can own the building for not much more?
1600 Square Feet ,2+3 Operatory Clinic (2 Equipped, 1 Plumbed with Cabinets, 2 Future) .Both equipped ops are fully closed floor to ceiling. Large existing lab can be converted to 2 operatories plus panoramic x-ray room.
Located west of the GTA on a busy thoroughfare with plenty of new condo construction, walking distance to a major transit hub. 3 dedicated free parking spots plus plenty of free and paid parking nearby.
This practice opened in 2008 and serves over 600 loyal patients on the ground floor of an 15-storey residential building. Currently operated 3.5 days a week. The vendor wishes to ultimately retire after a succesful transition to the new purchaser.
Ideal opportunity for an owner/operator who wishes to own rather than lease their space. AACI appraisal available to qualified applicants.FULL LISTING