Richmond Hill Practice for Sale

This bright and profitable dental office is located in a popular commercial retail plaza, in the heart of a community, with a large Chinese/East Asian population and includes a grocer, major bank, salon, florist, and many more prominent tenants.  Office Receptionists are fluent in Mandarin, Cantonese and English.  This practice has three fully equipped operatories serving 2,100 active patients and utilizes full weekend schedules.  With Hygiene operating at 6 days a week, this practice features a strong hygiene program making up about 37% of the overall production.

The practice attracts about 100 net new patients per year which has largely been a function of word of mouth and general plaza traffic.

Asking Price: $2.4M (Appraised Value $2.68M)

Additional Features Include:

  • Digital X-Rays and Pan
  • Assignment Office with very good collections
  • Patient base is 61% insured
  • Plenty of free parking for patients
  • Accessible by public transit
  • Busy shopping centre in high-traffic area
  • Wheelchair Accessible

A Vendor Transition period is negotiable.

Showings of the Practice will be by appointment only.  Letters of Intent (LOIs) and Offers to be reviewed upon submission.

For additional information, please reach out to Cassandra Paolella, Sales Representative.

Status:Sold EBITDA:$496,000 +/- SQFT:1,100 Gross Rev:$1,437,000 +/- Appraised Value:$2,680,000 Hygiene hours per week:50 Number of Operatories:3 Patients (active):2,100 Patients (new):12/month

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