5 operatory general dental practice located in a busy strip plaza in North Burlington. Assets only.

The practice was established in 2005 and was operated as a general family practice employing associates and hygienists. The 2,000 square foot practice is in a busy strip plaza with excellent visibility, anchor tenants and ample free parking for patients. The practice is fully equipped with 5 operatories, a panoramic x ray with Ceph, as well as digital radiography. The practice has a solid premises lease offering unfettered access to the practice to at least June, 2034. (No demolition clause)

In 2018, the owner purchased a small dental practice on New Street near Appleby Line (7km away) and operated a boutique practice. Due to a change in personal circumstances, the current owner has put less time into this North Burlington practice and has decided to relocate the 1,000 patients to the New St./Appleby Line practice. As a result, the dentist is selling the equipment, leasehold improvements and premises lease. There are no computers, no charts, no signage, no web site, no phone number, no instruments or supplies.

While there are no patients associated with this sale, due to the strength of the location, its reputation, and the fact that the other practice is 7km away and south of the QEW, it is expected that a good number of patients would prefer to stay in this location even if under the ownership of a new dentist. As a result of the expected retention of goodwill, as well as the significant rebuild costs associated with a new practice, this practice is offered as an assets sale for $495,000.

This is a good opportunity for a dentist to open a practice in an excellent area for a fraction of the price of a new set up.