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.

5/5
"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
5/5
Mon expérience avec PPS, et Gerry Crandles, a été extrêmement positive pour la vente de mon cabinet. Le modèle d'évaluation était incroyablement complet, objectif et multidimensionnel. La communication a toujours été rapide et claire et, le cas échéant, Gerry a pu servir de médiateur dans les négociations entre moi et l'acheteur. Gerry était professionnel et respectueux dans son approche, tout en restant authentique et empathique dans son comportement. J'ai toujours eu l'impression qu'il était un membre très engagé et compétent de mon « équipe de transition », ce qui m'a procuré une tranquillité d'esprit inestimable au cours d'une étape aussi importante dans la vie de mon cabinet. Je ne peux pas imaginer passer par ce processus sans son expertise.

Docteur Gord Bunt

Gord Bunt, Dentist

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