Richmond Hill: General Family Dental - REF.#D1170
Asking price - practice: $950,000
Appraised price - practice: $908,884
REF#. : #D1170
Type: General Family Dental Practice
Region: Richmond Hill
SQFT: 1,440 sq/ft
Gross Rev: $596,104
We are pleased to offer an excellent opportunity to purchase an established dental practice in Richmond Hill. This practice is only open 3 days per week and alternate Saturdays. Hygiene represents about 36% of the production. The office offers afternoon and evening hours, but is a Monday, Tuesday & Thursday practice. Approximately 80+% of the patients have insurance coverage and assignment makes up about 78% of the collections, with accounts receivable of about 3 weeks’ production.
The practice is a storefront location in a large strip plaza on a major street servicing a diverse clientele in a high density residential area with new developments ongoing. It is easily accessible by private vehicle and public transit with ample free parking. The facility consists of 1,440 square feet. The practice includes 5 operatories (3 fully equipped), sterilization area, laboratory (w/mechanical), reception area, business office, private office/consult room and 2 washrooms.
There is a significant opportunity for growth with an ambitious hands on owner.
To discuss this practice in greater detail and book your private, confidential appointment contact Tom or David Schramm.