Dental Practices for Sale
Richmond Hill GP Practice
About Listing #ON4364
LIFESTYLE PRACTICE IN RICHMOND HILL WITH A MOTIVATED SELLER AT A REDUCED PRICE!
We are excited to offer an outstanding opportunity to acquire a very well-established dental practice located in the highly sought-after Richmond Hill area. Situated on the ground floor of a medical building with street-level exposure, easy access, and ample free parking, this 3-operatory practice with plans for a 4th op has proudly served the community for over 30 years. With a loyal patient base, conservative treatment approach, and exceptional hygiene compliance, this practice offers a secure foundation and tremendous upside potential.
Key Features of the Practice
- Strong Patient Base: Over 900 patients treated in the past year, 90% with insurance, and more than 90% hygiene recall compliance ensure stability and recurring revenue.
- Solid Financials: Consistent cash flow with minimal accounts receivable.
- Growth Potential: The current conservative approach refers out 70–80 specialty cases annually, offering immediate opportunity for expanded services and increased profitability. Plans also allow for the addition of a 4th operatory with minimal renovations.
- This 4 day a week lifestyle practice also offers the opportunity to expand hours.
Facility Overview (Approx. 1,050 sq. ft.)
- 3 fully equipped operatories (with plans for a 4th op)
- Private office
- Sterilization and lab areas
- Pan area
- Staff room
- Ample free parking
Lease
Lease in place until April 2030, with a 5-year renewal option and no demolition clause. Drawings available to add a 4th operatory. We have conservatively calculated a price based on a 9-year loan repayment schedule to reflect the current term. Landlord is unlikely to extend beyond current 9 years without inserting a Demolition clause to protect his asset but the pricing covers this possible eventuality.
The highly efficient lay-out means a surprisingly low rent expense for this high traffic area.
Transition
The highly motivated seller is available for up to 12 months part-time to ensure a smooth transition.
Virtual Showings & In-Person Walkthroughs
- Virtual Showings: Available by appointment.
- In-Person Walkthroughs: Scheduled for Sunday, October 5th (by appointment only).
Next Steps
If you have a signed Confidentiality Agreement on file, email listings@henryschein.ca to receive the full appraisal and additional details.
À propos de l’inscription #ON4364
Aucune description en français n’est disponible.
Voir la description en anglaisNeil Presner,
Transition Sales Consultant & Sales Representative
Email:
Phone:
Bernie Dolansky,
Transition Sales Consultant & Sales Representative
Phone:
Toll free: 888-437-3434
Fax: 888-546-7940