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Ontario

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Ref. #1004 | Assets Only - Price Reduced!

 Ontario [Oakville - Downtown] [ACTIVE]
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Practice for sale in downtown Oakville. This street level office has been operating as a small general family practice in the same location for over 25 years. Approximately 2 years ago, the owner purchased a large dental practice in central Oakville, 7 kilometers away and slowly started to relocate the patients to the other facility. As a result there are no patients/goodwill associated with this sale. 

The practice is at the corner of Lakeshore and Trafalgar in downtown Oakville. The location features high ends condos, a neighborhood feel and great shopping with many quaint shops. There is street parking and a large parking garage within steps of the practice. Although at street level the entrance of the practice is from a small alley, it has street signage. The 1,056 square foot , 3 operatory practice is well appointed with decent equipment, digital x-rays, and a digital panoramic x-ray unit. There is a long term premises lease in place (until November 2030) with current rent of approximately $3,344 per month plus TMI. In addition, there are some current rent reductions assigned until November due to the pandemic and street construction on Lakeshore Boulevard. 

The ideal purchaser could be a Dentist who wants to open a new practice in a prestigious neighborhood for a fraction of the price of a new set up, or a dentist who has connections to the area who may be able to bring patients.   

 

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