Etobicoke GP Practice

Primed for exponential growth, this 2,000 sq. ft., 5-op practice is perfectly located along a major traffic corridor, with store front exposure and eye-catching signage. The sizeable and contemporary facility and all equipment (including pan) are only 8 years old. Digital charting and radiography have already been implemented. The area is growing, with several luxury, urban condo developments planned nearby. If you are considering a start-up, looking to relocate your practice, or prefer to roll out your vision to build additional value, this practice may be ideal for you. Patients are receiving less dentistry than an average practice, with everything but basic dentistry referred out, including all endo, ortho, implants, and most surgical procedures. A total of 21 crowns and 5 extractions were performed in the last 12 months. There is no marketing, not even a website. With a wider scope, structured marketing strategy and nearby expansion, this modest practice—which currently has around 500 patients and $350K in revenue—is ready to grow significantly. With 90% of patients attending regular hygiene appointments, and receiving more scaling annually than an average practice, the hygiene program is robust and a steady source of income. There is a strong lease in place, with close to 12 years of tenancy certainty, composed of current term and two 5-year renewal options with no demolition or relocation clauses. The vendor would commit to an associateship for up to a year, at a variable number of days per week, with the goal of ensuring a smooth transition. Stellar location, favourable lease, 8-year-old turnkey facility, considerable growth potential, and no construction pains, is a combination that points to a clear path to success.