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Listings in Ontario
North Mississauga, Ontario [Ref. #1055]
Southern Georgian Bay, Ontario [Ref. #1053]
Toronto, Ontario [Ref. #1052]
Richmond Hill, Ontario [Ref. #1051]
Central Toronto , Ontario [Ref. #1050]
Port Perry, Ontario [Ref. #1049]
Hastings County, Ontario [Ref. #1048]
Eastern Ontario, Ontario [Ref. #1047]
Cambridge, Ontario [Ref. #1046]
Scarborough, Ontario [Ref. #1045]
Trenton, Ontario [Ref. #1043]
Durham, Ontario [Ref. #1038]
West/Central Toronto, Ontario [Ref. #1037]
Niagara Peninsula, Ontario [Ref. #1036]
Nipissing District, Ontario [Ref. #1035]
Toronto, Yonge and Eglinton, Ontario [Ref. #1031]
Rural, Ontario [Ref. #1044]
West of GTA, Ontario [Ref. #1042]
Central Mississauga, Ontario [Ref. #1041]
North of the GTA, Ontario [Ref. #1033]
Scarborough, Ontario [Ref. #1025]
Etobicoke, Ontario [Ref. #1006]
North York, Ontario [Ref. #993]
Vaughan, Ontario [Ref. #1024]
West of GTA, Ontario [Ref. #1023]
West Toronto, Ontario [Ref. #1022]
Durham, Ontario [Ref. #1015]
Scarborough - West Hill, Ontario [Ref. #1013]
Niagara Peninsula, Ontario [Ref. #1011]
London, Ontario [Ref. #991]
East York, Ontario [Ref. #977]
Ref. #1051 | General Family Practice
This superb 1,845 sq. ft. 3+1 operatory practice is located in a desirable strip plaza on Yonge Street in Richmond Hill.
It is very well built with brand new computers and Kodak digital photography and attractive features in the most visible part of the plaza. Parking is plentiful and the office is at the corner of a major Viva bus station. As well as a very inviting space from reception to the clinical space, the office displays signage on 3 sides of the building with ample space available for even more future signage. The busy strip plaza features a 24 hours McDonald’s and Tim Hortons offering constant flow and traffic at all times. The practice has a premises lease for 7 total years. (2 years plus a 5 year renewal).
The Dentist, with advance training, love for people and dentistry, and caring demeanor has curated the practice to suit his needs of working 3.5 days per week. This, combined with a quality patient base and a very strong dental team has resulted in a very reputable and profitable dental practice. Though the office has a strong foundation in restorative and preventive care, all aspects of general dentistry including implants, invisalign, and advanced restorative cases have all been performed in abundance at this office. The office has been selected as a "Top 3 rated" dental office in Richmond Hill for each of the last 4 years including the current year along with two other very highly regarded and reputable offices in the city.
The practice treats 1,575 active patients from a very mixed background and has regularly produced (collected) over $1,200,000 per year with excellent cost controls resulting in over $650,000 in owner operator cash flows. The practice still attracts 20 new patients per month.
The valuation is typically based on having a slightly longer term premises lease. However, in the new commercial real estate market conditions, the landlord has not been able to formally provide the owner with a further lease extension at this moment in time. The owner may entertain a consideration in price as it relates to this fact.
The retiring Dentist is willing to provide full and impressive cooperation to transition the practice to best serve the patients, team and the new doctor (letters to patients, phone calls to important patients, etc.),
A dentist with a goal to open up more clinical days, referring out less endo, oral surgery by bringing a specialist or denturist in house, expanding the empty operatory, and reaching out to the community can rapidly increase production at this office.
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