Established main floor general family practice on a busy street in Midtown Toronto.

The practice is situated on the main floor of a row style building, near a major intersection, and is surrounded by a very high-end residential neighbourhood. The current dentist purchased this established practice in 2002, and relocated to this location in 2015, and therefore the equipment and finishing are in excellent condition. The 950 square foot practice features 2 well equipped operatories, and a 825 square foot finished basement for non clinical activities, including a staff room and private offices. With some renovations, the office has the potential of adding another dental operatory. There is a private parking pad at the back of the building, street parking and Green P lots close by, and it is steps from the new LRT station. The suite has a long-term premises lease with extensions to 2035.

The owner driven practice has produced over $430,000 in 2023, with most of the billings from Hygiene, and almost no billings from complicated or specialty services. It generates $161,000 of cash flow to the owner dentist. The practice has 650 active patients and is now growing nicely. Although the practice has a good loyal patient base, and good exposure, over the previous 5 years its growth was severely disrupted by the new LRT road construction through mid town Toronto. Thankfully the construction in this area is complete, and as a result has seen a return of new patient flow from the improved exposure. The conservative practice is well run, with good staff, and although small, has potential to grow by compressing the schedule, extending hours, and offering additional services.

The owner is selling to slow down but is fully willing to work in the practice on a reduced schedule for up to 1 year to help transition to the new owner.

This is a nice established practice, in an excellent area, with an owner to assist with the transition, and good potential to grow.