Our response to COVID-19

ROI Corporation was able to quickly mobilize our team to work from home (WFH) and we are available to serve your professional practice appraisal needs. We continue to bring new opportunities to the market and buyer demand is stronger than ever. Many Associate dentists would prefer to own a closed practice than to own nothing at all. This demand, when combined with a scarcity of practices for sale and all-time low interest rates reveals that the marketplace remains active.

Practices For Sale

Ref# 3041

Status: Sold

Location: Ontario

Gross Revenue: $470,630

Appraised Value: $650,930

Asking Price: $750,000

Cash Flow: $169,630

Richmond Hill, Ontario

This is a well-established 4-operatory practice (3 equipped) situated in a medical professional building in a high-growth neighbourhood in Richmond Hill. Immediately adjacent to the building is a large plot of land that has been cleared for development. The practice vendor advises that over 800 new homes are scheduled to be built there.

The practice consists of 1,203 sq. ft. It was built in 1990 and beautifully renovated in 2010. The x-ray system is digital and includes a panoramic x-ray unit.

The patient base is predominantly Cantonese and Mandarin speaking but the ethnicity of the surrounding area is very mixed.

Annual production is approximately $500,000 based on only 3 days of dentistry per week. The vendor commits some of his time to a second practice in Oakville where his daughter is the primary dentist.

An Open is scheduled for Sunday, May 3rd, 2015.

For more information or to book an appointment, please contact Bill Alton.

Request more details for this listing

In order to get an more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information