Richmond Hill Practice for Sale

This bright and clean dental office is located in a popular commercial retail plaza that is wheelchair accessible and features ample free parking.

This busy plaza is located 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.

Additional Features Include:

  • Positive Lease in place
  • 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

Open House to be hosted on Sunday, September 20th by appointment only.  Letters of Intent (LOIs) and Offers due on Wednesday, September 30th by 3 pm.

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

Status:New 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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