Practices For Sale

Ref# 4873

Status: Updated

Location: Ontario

Gross Revenue: $534,639

Appraised Value: $773,170

Asking Price: $500,000

Cash Earnings: $222,534

Richmond Hill – Improved Asking Price – was previously listed at $773,170.00

Originally established in 1990, this practice was purchased by the current partnership owners in 2015, with the previous owner remaining as a part-time associate. The practice, consisting of 3 operatories plus a Pan in 1,200 sq. ft., is located on the upper floor of a 2-story professional building, which the neighbouring church owns.

The area is primarily residential, with a new development recently being built directly across the street. There is a bus stop directly in front of the building. The practice has been well maintained and shows beautifully. An abundance of windows allows for lots of natural light in this second-floor office. Other highlights of the practice include:

Highlights of this practice include:
  • Approximately 700 active patients
  • Annual production approximately $500K
  • Good hygiene program
  • Lease runs to 2030. Current term to 2026
  • Monthly rent is approximately $5,000
  • Paper charts, but radiology is digital
  • Practice software is Dentrix

This an opportunity for a hands-on solo dentist to take control of an established practice in an excellent location and to take that practice to a new level of growth and development.

Additional Purchaser/Advisor Information:
  • A profile of the practice will be provided to qualified candidates who have completed a ROI Corporation confidentiality agreement.
  • The full appraisal will be provided to qualified candidates.
  • Offers for this practice will be considered as received.

 

For more information or to schedule an appointment time to see the practice please contact Bill Alton, Sales Representative.

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