Email
drillem@rogers.com
Opportunity Type
Practice for sale
Contact
Dr. Joel L. Goldman and Jaime M. Goldman
This bright, modern 3-Operatory General Family Dental Practice was started from scratch in July of 2021 and has shown significant growth over the past two years. This highly visible storefront practice is located in a high-density, high-growth neighbourhood with busy street and heavy pedestrian traffic. The area itself features a good mix of residential and commercial properties.
The owner is selling only because of a family decision to relocate abroad which is why the price is discounted in relation to the actual professionally appraised valuation.

The Appraisal and Financial information for the Practice are available to interested parties upon the execution of a Non-Disclosure Agreement.

List Price: $575,000

• The Practice was established 2 years ago by the current owner.
• Appraised in November, 2022 for $609,000
• This is a Share Sale.
• The office is approximately 900 square feet
• Excellent store-level exposure.
• Public transit readily available
• Ample street parking (metered) with free local parking on side streets
• Wheelchair accessible
• Full high, clean, and well-lit basement for equipment and storage
• Approximately 450 Active Patients
• Approximately 15 New Patients per month
• 3 Operatories fully equipped
• Air Techniques ProVecta-S digital Pan
• 2 Dental Assistants
• 2 Receptionist (part-time)
• 1 Office Manager (full-time)
• No Employees are on contracts
• Office is open 5 days/week + 2 Saturdays each month
• Abeldent software with EDI
• Billings are per the current 2023 ODA Fee Guide
• 80% of patients on private insurance
• Approximately 2% of patients on social services plans
• Full universal sterilization and Covid-19 protocols are followed
• The Lease –
i) current 10-year term until September 2030 + one further 10-year
renewal term that runs until September 2040
ii) No Demolition Clause
iii) Allows for a smooth assignment to a new owner
iv) Total rent $3,300.00 (inclusive of Base Rent + HST)
v) No Additional Rent (dentist pays own utilities etc)
Date Available
Location
Oakville, Ontario