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Listings in Ontario
Scarborough, Ontario [Ref. #1020]
West Toronto, Ontario [Ref. #1019]
Etobicoke, Ontario [Ref. #1006]
Oakville - Downtown, Ontario [Ref. #1004]
North York, Ontario [Ref. #993]
Ontario [Ref. #944]
Durham, Ontario [Ref. #1015]
Niagara Peninsula, Ontario [Ref. #1011]
West Toronto, Ontario [Ref. #1010]
Scarborough, Ontario [Ref. #1008]
London, Ontario [Ref. #991]
Toronto, Ontario [Ref. #989]
East York, Ontario [Ref. #977]
Scarborough - West Hill, Ontario [Ref. #1013]
North York - Leslie and Sheppard , Ontario [Ref. #1012]
Southwestern Ontario, Ontario [Ref. #1005]
West Toronto, Ontario [Ref. #996]
Ref. #1019 | General Family Practice
General family practice located in West Central Toronto. This 3 operatory, 994 square foot practice is on the second floor of a busy strip plaza, with free parking, and good anchor tenants, including Tim Horton’s.
The practice produced almost $1,200,000 in revenues, with cash flows to the owner Dentist of over $638,000. The practice treats 1,910 active patients (1,500 in the past year) and gets about 15 new patients per month. In addition, the practice has a very strong hygiene program (over 45% of revenues), and conservative treatment philosophy.
There is a long term lease available until 2030, however it does contain a demolition clause that requires the landlord to give 2 years notice.
The owner is selling due to opening a new practice 9 kilometers north of this location to be closer to home, and could not continue to own and operate 2 practices. While the owner has no intention to actively transfer patients or staff to the new facility (and due to the distance many will not transfer), the owner fully recognizes that some patients may wish to relocate, and as a result recognizes that the deal will need to be structured to reflect the risk a patients transferring. The structure of this deal will include some type of financial holdback, to reflect any patients that may seek treatment at the northern practice. If practical, the owner is willing to associate to transition the practice to the new owner.
The practice is well run, community based, and has room to expand hours, and marketing efforts to build new patient flow.
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