Ref. #1224 | Richmond Hill | 5 Ops

Location: Richmond Hill

# of Patients: 1500

# of Operatories: 5

Revenue: $700000

Reference #: 1224

This 5 operatory, long-established, 1,475 sq. ft. General Family Practice is centrally located in a medical building on a main street in Richmond Hill. The practice treats approximately 1,500 active patients and has a conservative treatment philosophy with 42% of the revenue coming from hygiene, and a large portion of the specialty work being referred out.

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Why We Love This Particular Opportunity

This 5 operatory, long-established, 1,475 sq. ft. General Family Practice is centrally located in a medical building on a main street in Richmond Hill. The practice treats approximately 1,500 active patients and has a conservative treatment philosophy with 42% of the revenue coming from hygiene, and a large portion of the specialty work being referred out. Billing $700,000 on 4 doctor days and 6 hygiene days per week with no evening or weekend appointments allows for a nice work/life balance.

A strong lease is in place with no demolition clause, making this a very low-risk opportunity. All the employees are on contracts.

The Vendor is selling to retire, and willing to stay part-time to ensuring a smooth transition. This is a great opportunity for a young, energetic, family-oriented dentist who wants to take a very stable practice with a loyal patient base and make it their own.

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Why You Should Buy A Practice Through PPS

PPS has vast experience selling professional practices and offer all buyers honesty, integrity and best in class service. We strive to achieve win-win transactions.

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"The benefit of working with PPS is that they will analyze the practice, create a valuation, and allow the free market to determine the practice value. Gerry, Colin and Dave have great insight into the dental industry and are able to assist a dentist in buying or selling a practice. and their shared experiences benefit the dental industry as a whole."

Dr. Bobby Chagger​

CEO, Chagger Dental
Dr Bobby Chagger

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