OTTAWA
ROI Corporation is pleased to offer this solo-owned general practice for sale. The owner purchased the practice in 2005 and relocated to its current location in 2009. The practice is located on a busy road in the west end of Ottawa, steps from public transportation. There is ample on-site and street parking.
The current location is owned by the Vendor and offers an attractive long-term premise lease to the new owner. The office is located on the first floor of a building with upper and lower residential tenants. The 1,800 sq. ft. office has 6 equipped operatories, digital panorex, intra-oral radiographs, and paperless charting.
The owner practices on a limited basis and provides TMJ treatment. An associate practices 2-3 days per week and provides general dental services. A 2nd Associate provides surgery and implants approximately 2 days/month. One dental hygienist works in the office 4 days/week.
While the cash flow is not strong, there is a tremendous upside to purchasing this practice.
These include:
- Securing an attractive premise lease with no demolition or relocation clauses.
- This 20-year practice currently provides limited specialty procedures, and all endodontics, orthodontics and periodontics are referred out of the practice.
- Approximately 800 individual patients visited the office in 2023. Considering the Vendor’s limited treatment time, a detailed audit of the patient charts will certainly reveal opportunities for more comprehensive treatment options.
Key Timelines
- The Practice Profile is available now
- The Confidential Practice OPEN by appointment only
- The appraisal will be provided to serious purchasers
- All offers will be submitted on ROI Share Purchase Offer and a 10% deposit is required when an offer is accepted by all parties.
- Closing is early autumn 2024 or TBA
For more information or to schedule an appointment, please contact Ann Wright, Sales Representative.
WEST VANCOUVER, BC
ROI is excited to Introduce an Exceptional and Affordable Family Cost Share Dental Practice in West Vancouver!
If you are looking for a trusted dental practice that focuses on restorative care, prevention, and fixed prosthodontics and has room to grow in other procedure codes – look no further! This long-established practice, serving the community since 1991 and in this location since 2004, is situated in a prime, highly visible storefront location on a main street in an expanding and very affluent community.
If you are a first-time owner or at any other stage in your career, here’s why you should give this your serious consideration:
- Comprehensive general dentistry with a focus on restorative, prevention, and prosthodontic services with room to grow in orthodontics, surgery, and implantology
- Three-way cost-share arrangement, which makes this cost-effective through efficiency and affordability, keeping the overhead extremely manageable
- Dedicated and loyal staff, all having employment contracts, including two hygienists, ensuring personalized care
- Strong recall program with 6 1/2 days of hygiene support per week, providing 39% of gross revenue
- Modern technology with digital X-rays and a digital pan
- The non-assignment policy ensures a hassle-free experience and that no significant accounts are receivable.
- Bright and welcoming office space with free parking and a relaxed, caring atmosphere for both patients and staff.
With the owner working 3 1/2 days a week, no evenings or weekends, there is definitely room to grow and immediately increase the revenue stream.
It enjoys a stable lease secured through 2029 and no demolition clause, this practice offers a solid and profitable future for the new owner.
Don’t miss this extraordinary opportunity to acquire a general practice in a superb location with the ability to grow and thrive for success.
Highlights of this practice include:
- three fully equipped ops, 2 owned and 1 shared
- 2,740 sq. ft.
- 790 active patients
- 3-5 new patients per month, no promotion
- strong, effective recall program
- ground floor, excellent signage, highly visible
- solid long-term lease, no demolition clause
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- A Confidential Open (by appointment only)
- The Appraisal will be distributed to qualified purchasers
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
- Offer will be presented as received
- Preferred a quick closing
For more information or to schedule an appointment, please contact Dr. Marcia Boyd, Senior Associate and/or Elliott Broad Associate.
EDMONTON
ROI Corporation is pleased to bring a proven general practice to Edmonton’s market. Built in 2007 in a flourishing retail plaza, this prime location cannot be overstated.
Brilliantly renovated in 2023, the 2,199 sq. ft. facility boasts 5 state-of-the-art operatories. The reception is stress-free, preparing patients for a relaxing visit to their favourite dental clinic. A pan w/ ceph is in the X-Ray area. There is a first-rate lab & steri centre, staff room, manager’s office, and private office which is plumbed for future expansion.
Our client only sees patients for 16 hours a week, and we are told that 25-43 procedures are being referred out monthly due to a lack of doctor hours. Over half of the treatment is restorative codes.
The doctor is selling to better balance family life and juggling other business ventures. This is an exceptional opportunity you don’t want to miss!
Highlights of this practice include:
- Outstanding location
- 33 new patients per month
- Healthy patient base: 2,359 individual patients seen in the last 24 months
- Established brand with excellent reviews
- Fully digital, utilizing Gold software
Additional Purchaser / Advisor Information:
- The Practice Profile will be distributed to interested buyers who have completed a ROI Corporation Confidentiality Agreement within 24 hours of request
- A Confidential Open (by appointment only)
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For additional information, or to book an appointment please contact Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.
Scarborough – Real Property – Asking Price – $1,450,000 (Appraised value)
This office sits proudly on a commercial/residential intersection of a major throughfare connecting the 401 and all transit connections. A general family office established over 40 years ago, it is a fixture within a desirable neighborhood. The office is in a residential home that has a portion designated for owner-operated professional practice under the current zoning. Therefore, the purchase of the building, while favorable, is also a prerequisite for the ability to practice out of this location until the appropriate rezoning can be obtained.
The office runs in an efficient manner with a small group of staff that compliment an efficient practitioner who has been practicing out of this high-visibility location since 1991. They are currently booked 5 weeks in advance for our owner, who admittedly cannot keep up with the demand placed upon them as the solo clinician. Our client has administered all hygiene services since 2020. A new owner would be well advised to hire a hygienist and focus on an abundance of available dentistry to administer to a very healthy existing patient base.
This listing represents a unique opportunity to not only invest in one’s professional skill set but also offers a real estate investment that is hard to quantify. Purchasing this brace of investments affords our buyer control of a profitable business and a stake in the unyielding redevelopment progress on your doorstep. It will appeal to first-time buyers, owner-operators, individuals looking to move an office to a secure location, or anybody with an appreciation for leveraging time. Additionally, This seldom seen opportunity can provide a very desirable place to call home in the short, medium or long term.
Highlights of this practice include:
- The building is for sale – Asking Price – $1,450,000 (Appraised value)
- Asset sale – Benefits buyers financially and limits liability
- Exceptional cash earnings ($444,262) to support growth and carrying costs
- Approximately 1100 patients attended the practice in the last 12 months
- Go Train in the immediate area
- Significant services referred out
- Immaculate accounts receivable and copay collection
- Open 4 days per week with one evening.
- Thousands of vehicles pass the office every day. Zero marketing deployed
- The vendor wishes to make themselves available for a healthy transition
- Professional and modern 2-operatory office with the ability to grow further
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
- A virtual tour and appraisal preview will be provided to qualified parties
- A Confidential Open (by appointment only)
- The full Practice Appraisal and building appraisal will be released electronically to interested parties
- Within 48 hours of acceptance of an offer we request a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice.
- Our client requests a closing date in Fall 2024
For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative
TORONTO –
ROI Corporation is pleased to announce the sale of 2 optical stores. Each can be separately sold or purchased as a package. See REF# 5106
This opportunity for ownership is the right investment in one’s future for someone who has an entrepreneurial spirit. To be a successful owner, one needs a winning strategy to manage operations efficiently and establish a competitive presence. In the case of each of these stores, this has already been established as these businesses are poised for further growth. Operating in affluent neighborhoods, an optometrist or optician can easily take these to the next level. The store in midtown Toronto generates over $700,000 in revenue and is listed for $710,000 plus inventory. The second location, in the Leslieville/Riverdale area, generates ~$470,000 and is listed for $399,000 plus inventory. Each store has an optometrist, but there is definite room for expansion.
As members of a national franchise, a new owner will benefit from:
- Training Before and After
Ongoing training for owners and staff as well as tools to help simplify management.
- Established Supply Chain
A brand’s buying power enables an owner to enjoy discounts with vendors.
- Operational Expertise/In-House Support
Streamlined processes, expertise, insights, and ongoing owner support.
- National Marketing
Create brand awareness through national advertising campaigns.
The vision care industry will continue to experience rapid growth over the coming decades as more Canadians age and the demand for eye care increases. For ambitious individuals who wish to work for themselves and own their own businesses, these are opportunities not to be ignored.
For more information, please contact Lance Edwards at lance@roicorp.com.
ROI Corporation is pleased to announce the sale of 2 optical stores. Each can be separately sold or purchased as a package. See REF# 5107
This opportunity for ownership is the right investment in one’s future for someone who has an entrepreneurial spirit. To be a successful owner, one needs a winning strategy to manage operations efficiently and establish a competitive presence. In the case of each of these stores, this has already been established as these businesses are poised for further growth. Operating in affluent neighborhoods, an optometrist or optician can easily take these to the next level. The store in midtown Toronto generates over $700,000 in revenue and is listed for $700,000 plus inventory. The second location, in the Leslieville/Riverdale area, generates ~$470,000 and is listed for $399,000 plus inventory. Each store has an optometrist, but there is definite room for expansion.
As members of a national franchise, a new owner will benefit from:
- Training Before and After
Ongoing training for owners and staff as well as tools to help simplify management.
- Established Supply Chain
A brand’s buying power enables an owner to enjoy discounts with vendors.
- Operational Expertise/In-House Support
Streamlined processes, expertise, insights, and ongoing owner support.
- National Marketing
Create brand awareness through national advertising campaigns.
The vision care industry will continue to experience rapid growth over the coming decades as more Canadians age and the demand for eye care increases. For ambitious individuals who wish to work for themselves and own their own businesses, these are opportunities not to be ignored.
For more information, please contact Lance Edwards at lance@roicorp.com.
Halifax
ROI Corporation is excited to offer this unique opportunity to acquire a long-established, two-operatory Endodontic practice located in one of Canada’s fastest-growing cities.
Established by the vendor in 2005 and having treated ~1,800 patients in the last 12 months, the vendor is willing to transition with the new owner – for a period of time – to help the buyer establish relationships with the current referring practitioners. The vendor is also willing to sign a part-time associate agreement for a mutually beneficial period, if the buyer so desires.
The vendor is cognizant that financing specialty practices may be challenging and is willing to provide competitive financing rates to qualified buyers. In addition, the landlord (Crombie Property Holdings) has expressed interest in signing a new premise lease agreement with the buyer. It is understood that a successful acquisition will be conditional on the buyer securing a satisfactory premise lease agreement.
Halifax sits on the doorstep of the Atlantic Ocean, freshwater lakes, and municipal, provincial, and national parks. Halifax is also a major centre for government, health care, education, the navy, finance, shipping, oil, and gas. Halifax is home to almost 45% of Nova Scotia’s population and is one of the fastest-growing cities in Canada, with an estimated annual population growth of 1.5%. Halifax represents 20% of Atlantic Canada’s GDP.
Highlights of this practice include:
- The vendor is prepared to offer up to 100% financing at competitive rates.
- Modern décor with natural light in operatories.
- Two fully equipped ops.
- High traffic central location with free parking and wheelchair access.
- 1,023 sq. ft.
- 1,800 patients have been seen in the last 12 months.
- 98% of patients speak English.
- Low A/R with bad debt at <1% of gross income
Additional Purchaser/Advisor Information:
- A practice profile will be provided within 48 hours of your request.
- The appraisal will be distributed to pre-qualified candidates who have completed an ROI Corporation Confidentiality Agreement.
- Appointments to see the practice will be arranged for qualified buyers.
- Offers should be accompanied by a certified cheque payable to “ROI Corporation in Trust” equal to 10% of the offered price for the practice.
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
For more information, please contact Andrew Bryson, Sales Associate for Atlantic Canada.
EDSON
ROI Corporation is delighted to announce the sale of this unique optometry practice located in Edson, a town west of Edmonton, nestled in the foothills of the Rockies. This location offers loads of recreational activities and picturesque scenery. The clinic serves a diverse trading population of ~14,000 people.
Built in 1998, the practice owner purchased and completely renovated the building in 2019. The space is modern, inviting, and well-designed. Patients are greeted by the welcoming atmosphere that the contemporary eyewear showroom delivers. Two well-equipped exam lanes, a pre-test area, contact lens room, edging laboratory & medical Aesthetics Spa encompass the clinical space.
All three FT opticians and the assistant are all trained and scribe throughout the patient’s visit, making the OD’s time more efficient. The medical esthetician performs dry eye treatments on top of medical esthetics, which is a considerable growth opportunity within the practice.
There is demand for an additional OD and/or hours for this growing practice. The doctor sees patients 4 days a week with no evenings or weekends.
The owner is offering the building for sale at below appraised value. This is an exceptional opportunity to not only own a successful and growing practice, but also to be your OWN landlord!
Highlights of this practice include:
- Superior location with ample parking
- Longtime, well-trained staff with little turnover
- Revenue based on 26 hours / week doctor schedule
- High dispensing percentage
- Stable practice with reliably strong revenue and growth opportunities
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 24 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
- The Appraisal & Building Appraisal are available for interested parties
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST”
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For more information or to schedule an appointment, please contact David Raborn, Sales Associate.
St. Catharines
We are excited to bring this ideal “warm start” general dental practice to the market. Perfectly located in a wonderful area of St. Catherines, Ontario, this profitable practice had been in successful operation since 2021 and provides service to approximately 550 local active patients.
In a sprawling 2,373-square-foot facility, the practice efficiently utilizes its spacious 3 fully equipped operatories. In addition, there is a 4th and 5th room plumbed and wired for the next ambitious owner wanting to grow operations. The practice enjoys excellent ground-floor visibility of a converted house, and the lease currently allows for a lengthy tenure up to 2040 through available renewals, with no demolition clause. The rent is also very reasonable at $3,000 per month.
This practice has grown nicely since inception, taking advantage of the optimal general dentist to population ratios for the area, and most recently produced $471,000 in 2023. The clinical hours are only 3 days per week, providing ample opportunity to naturally grow revenue by expanding the hours and days of operation.
This opportunity is perfect for a dentist looking to step into first-time ownership without the hassle and enormous financial burden associated with building a practice from scratch, and it is also perfect for any local practice owner in town who needs to eventually move their practice due to an impaired lease.
Practice Highlights:
- Free and ample parking
- Employment contracts in place
- All charts, files, and X-rays are stored digitally
- Spacious, comfortable practice, with room to expand operations
- Production has increased each year since the office has started
- 550 current active patients
- Buyer-friendly asset sale
Additional Purchaser/Advisor Information:
- A practice profile and virtual tour will be available upon request
- A visit to the practice can be booked on an individual basis.
- Conditional offers can be submitted at any time
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review· Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice
For more information, please contact Doron Aaron Eisenberg, Sales Representative.
London Area
This is an exceptional opportunity. The practice is located in a stand-alone building, ground floor, in a village just east of London but serving the larger township area. The practice has high visibility and is wheel-chair accessible.
The owner built the practice in 2019 expecting to have a quiet life but it turned out to be anything but that. The area has benefitted from the explosive growth in the population of London and the people who want to work but not necessarily live there. The surrounding area of the practice has been historically agricultural but the times they are a changing. The result is a beautifully built practice in a highly desirable rural but growing location.
The practice has 3 equipped operatories, two additional operatories with cabinetry but no chair and a 6th room plumbed and wired for an operatory but presently used as an office. There is one more office, a staff room and a Pan. The total occupied area is about 1,700 sq. ft. The lease runs to December 2029 with two additional 5-year renewal options. There is a clause in the lease providing the dentist with first right of refusal to purchase the building, should it be put up for sale, which is a possibility.
This is a well-balanced family practice open 5 days per week plus some Saturdays. There are approximately 1,400 active patients and 4-5 days of hygiene per week. The radiology is digital (with sensors) and practice management software is Dentrix.
Production this year should be in excess of $800,000 which is good for a solo dentist practice. The vendor would like to continue as an associate for 2-3 days per week for 1-2 years. This practice would be ideal for a dentist interested in working only part-time initially or for an investor who would add a second associate.
The terms of this sale are as follows:
- A profile of the practice will be provided to qualified purchasers who have completed the ROI Corporation confidentiality agreement.
- An Open, by appointment only
- The full appraisal will be provided 2 days prior to the Open to those who have booked an appointment to see the practice.
For more information, or to book an appointment to see the practice, contact Bill Alton, Sales Representative
