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 anglais
Back to Search