Ref. #1226 | Toronto | Price Reduced

Location: Downtown Toronto

# of Patients: 800

# of Operatories: 3

Revenue: $495000

Reference #: 1226

Established general family practice on a busy street in Downtown Toronto.
The practice is situated on the 10th floor a large professional building near the corner of Bay and College. The practice was established in 2016, and is in excellent condition. The 1,300 square foot practice features 3 well equipped operatories, and a cerec.

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Why We Love This Particular Opportunity

Downtown Toronto – 3 operatories

Established general family practice on a busy street in Downtown Toronto.

The practice is situated on the 10th floor a large professional building near the corner of Bay and College. The practice was established in 2016, and is in excellent condition. The 1,300 square foot practice features 3 well equipped operatories, and a cerec. The suite has a long term premises lease that with extensions extends to 2034.

The mostly associate driven practice has produced over $495,000 in 2023. It generated $230,000 of cash flow to the owner dentist, and $80,000 of EBITDA. The practice has 800 active patients, with most being of Chinese descent. The conservative practice is well run, with most revenues from associates, and although small, has potential to grow through additional marketing, extending hours, and offering additional services.

The owner is selling as she has not been able to focus on this practice as she has other practices in Markham and Richmond Hill. The owner is willing to work in the practice on a reduced schedule for up to 1 year to help transition to the new owner.

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PPS has vast experience selling professional practices and offer all buyers honesty, integrity and best in class service. We strive to achieve win-win transactions.

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"The benefit of working with PPS is that they will analyze the practice, create a valuation, and allow the free market to determine the practice value. Gerry, Colin and Dave have great insight into the dental industry and are able to assist a dentist in buying or selling a practice. and their shared experiences benefit the dental industry as a whole."

Dr. Bobby Chagger​

CEO, Chagger Dental
Dr Bobby Chagger

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