Listing Status: Conditionally SOLD

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 2^nd 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 Toronto

Secure your future in a thriving community with this exciting ownership opportunity! 

This general family dental practice boasts countless features that are both highly sought after and hard to come by in todays’ market. Our client purchased this practice in 1985 and relocated to the existing facility in 2021 when the practice was newly built. The dental office prides itself in a premium, storefront location in a vibrant and bustling community where foot and vehicle traffic are abundant. 

Key Features of the Practice: 

• Operating Hours: Open only 4 days per week with no weekend hours, offering excellent work-life balance
• Modern Facility: Relocated and newly built in 2021, this 6-operatory practice offers state-of-the-art equipment and a welcoming environment 
• Secure Lease: The premise lease renewal options extend until 2041, providing long-term security without the risk of demolition or relocation. This is incredibly rare in such a premium location! 
• Potential for Growth: Experience endless growth by implementing marketing efforts (currently none) and expanding upon operating hours and service offerings 
• Location: The practice is located on the street level with high visibility and foot traffic in addition to TTC access (subway and bus)
• Patient Base: 1,537 patients have visited in the last 24 months, indicating a stable and loyal clientele and hygiene services contribute to over 46% of gross income

Additional Information for Potential Buyers: 

• A Practice Profile will be available to qualified purchasers within 24 hours of your request 
• A Confidential Open will be held by appointment only
• The Appraisal will be available to all qualified purchasers 
• ROI Corporation will prepare all offers on our standard forms for your lawyer’s review 

For more information or to schedule a viewing, please contact Alexis Sweetnam, Sales Representative. 

Mississauga

ROI Corporation proudly presents an established general practice in Mississauga, Ontario.

Originally opened at the current location in 1999, this family-oriented practice has provided compassionate dentistry to the community for more than 25 years.

Generating an average monthly production of more than $68,000, this practice is complemented by an efficient hygiene team comprised of 3 hygienists, who contribute 33% of the annual revenue.

Located on a main arterial thoroughfare and minutes away from major 400-series highways, this is a ground-level retail/medical building. Patient convenience has been a defining factor of the practice’s success, with easy access to the practice location and ample free patient parking.

A warm, inviting facility spans 1,215 sq. ft. It is home to 3 fully equipped operatories, a new digital panoramic X-ray, a private office, a staff room, a large storage area, and more. All patient charting isdone digitally using the Paradigm practice management software.  

It is important to note that the current lease does contain a demolition provision. However, we have written confirmation directly from the landlord that they have no plans for demolition or redevelopment. This 10-storey retail property is fully occupied. In addition to full occupancy, the landlord has invested in significant long-term improvements to the common areas and parking lot. The ROI Corporation appraised value has been significantly lowered to take into account this lease clause. This presents an opportunity for a savvy purchaser to understand the situation and get an established practice at a great price point due to lease circumstances that provide very little future risk.

After a rewarding career, our client is ready to slow down and give stewardship of this practice to another practitioner. Our client is willing to stay on for a transition period, ensuring a seamless transition and the purchaser’s success.

Highlights of this practice include:

• Cash earnings of more than $327,000
• Staff on written contracts
• Digital X-rays, with sensor
• Accounts Receivable managed well below the industry average
• Vendor willing to transition
• Ample free parking

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.
• 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 Nicholas Boyle, Sales Representative.

Downtown Toronto

Owning a well-established dental office with loyal and committed patients is highly valuable in terms of goodwill.  Our client enjoys more than 50% net profit, which is exceptional for a Toronto office.  Our client is selling for retirement purposes but will stay on for as long as the new owner wishes to ensure a smooth and successful transition. They are motivated to find the right person to take over this stable and profitable practice. Ensuring patients transition to the right person is key to our vendor.

Located in the heart of the City, within walking distance of Yonge-Dundas Square, the Toronto Eaton Centre, and the Art Gallery of Ontario, this office has existed in the same location for over 30 years. The office is primarily restorative and serves patients on a comfortable schedule of 33 hours per week. Proudly serving close to 900 active patients, this two-operatory office has the potential to grow with room for a third operatory.

The patients who visit this generational practice are multicultural in background. Predominantly between the ages of 25 and 60, while new monthly patients average 10+ per month, patient retention is a significant strength in this office. Scheduling is another strength of this business with 95% of recall patients attending every 3 months. As the owner-operator, our client is booked out 8-10 weeks. Our client is on track to bill over $1,000,000 for this fiscal year. Revenue has increased simply due to our client taking less vacation, amounting to only 2 weeks this past year.

Presently, the office has, in addition to the owner, a receptionist and assistant making up the team.   Our client chooses to do their own hygiene. The clinic is entirely digital utilizing Paradigm by LogicTech. This is an assignment office where most patients have comprehensive coverage.  There are no social service patients.

Our client has reported that the landlord has always been good to work with.  The lease has one more year left, but our client confirmed the landlord will provide more terms and renewals.  There is no demolition clause, and the office occupies ~900 square feet.   Located on the main floor of a 3-level converted house, natural light and street visibility makes this a charming practice to own.

Additional Purchaser/Advisor Information:

• A Practice Profile will be provided within 48 hours of your request
• Individual appointments to view the practice will be arranged
• Offers will be presented to the Vendor as received
• 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 Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

City of Ottawa – west-end

Revised Asking Price – $799,000 or best offer.

Vendor is motivated to transition to retirement – Previously listed as Ref# 4912

It is highly unusual to offer a practice that has been owned and operated by the original owner for over 30 years. This general practice has grown steadily over the years and the owner is proud to be providing care to multiple generations of patients.

The dentist owner and one associate provide all the patient care, including preventive treatment. Most specialty procedures, including molar endodontics, 3^rd molar extractions, periodontics, and orthodontics, are referred outside the practice. This limited scope of services represents a tremendous upside for a new owner.  Depending on the preference of the buyer, these services can be successfully integrated into the practice and offer a substantial opportunity to increase revenue.

Almost one-half of the revenue is derived from preventive services, which has proven to be a profitable model. As of year-end July 2023, the practice increased revenue by $80,000, over the previous year. This year the practice is on track to increase revenue again by an additional $26,000.

The practice does not accept assignment of benefits, except for a few long-standing patients. Accounts Receivable are extremely low, at less than $2,000.00.

The practice is located on the first floor of a small professional building on a busy street with access to public transit, including the new LRT station, and ample free parking. It is within walking distance of a large mall with grocery, restaurants and a variety of commercial services. It is close to Ottawa’s largest community college which offers an additional opportunity to increase the patient base.

It is of note that there is a new premise lease in place with an extension until 2039. This includes the removal of a previous demolition clause.

Currently, the practice has 3 operatories with a plumbed area for a 4^th operatory. The office has digital radiography, but no panorex.

The Vendor is available to work in the practice for at least one year, on a part-time basis to ensure the patients a successful transition.

HIGHLIGHTS OF THE PRACTICE

• One owner for 30 years
• Most specialty procedures referred
• Non-Assignment – Accounts Receivable exceptionally low
• The owner will work in practice for at least one year.
• Proximity to a large strip mall with grocery anchor and Ottawa’s largest community college.
• Attractive premise lease with no demolition clause

KEY TIMELINES

• Practice Profile and complete Appraisal are available now
• Confidential Practice visits by appointment
• Offers will be presented as submitted
• ROI Corporation will prepare all offers on our standard template. 10% deposit is required upon acceptance of the offer.

For more information or to schedule an appointment, please contact Ann Wright,  Sales Representative.

Oakville

ROI Corporation is delighted to present this excellent opportunity for ownership in a highly desirable and mature area in Oakville.  This will be a share sale.

Opened in 2017, this office has 3 operatories with room for a 4th.  This tastefully designed office occupies approximately 1500 square feet and is in a commercial /business plaza with excellent visibility and easy access to the QEW.   The clinic also has a staff room, a private office and plenty of natural light in each operatory.  The current lease is up for renewal in 2027, and the vendor will assist with the negotiation of additional terms for the new owner. The rent is extremely reasonable, at approximately $3K per month.

A new owner will take this clinic to the next level with a good marketing plan and by providing the availability of same-day dentistry.  Currently, the practice is on track to reach $500k in production this fiscal year with a conservative schedule of only 3-4 days per week from 1 dentist/owner and a hygienist.   Our client does external referrals for procedures such as endos, ortho and pediatric.  Most patients have excellent insurance coverage.  This clinic offers a strong foundation for success with approximately 400-500 active patients.

Highlights of this facility include:

• 3 fully equipped operatories with room for a 4^th
• Belmont and Sirona chairs and delivery units with A-dec steri system
• Business office, and Staff room/lab
• 80% of patients have excellent insurance
• Assignment with excellent collection policy
• Maxident software
• Located in a highly visible location

For more information, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

Etobicoke

ROI is delighted to represent this custom-built dental practice situated in a retail/residential development. Built in 2017, this 5-operatory practice occupies nearly 2,000 sq. ft. of space. The vendor wanted the space to capture the high-end client care and top technologies in the dental space.

Located on the ground floor of the building, there is a healthy flow of both vehicle and pedestrian traffic. Surrounding the practice is a dense residential area with beautiful green spaces. The practice welcomes ~35 new patients per month and has no sign of slowing down as the neighbourhood continues to grow.

The current lease term runs until 2027 and offers 2 x 5-year renewal options. Although the building was built only 7 years ago, the premise lease does contain a demolition clause.

The vendor and staff split their time between this practice and listing #5084. Our client is looking to relocate and is selling their two practices.  The practices could be sold separately or in tandem.

Highlights of this practice include:

• Built in 2017 with high quality equipment and finishes
• ~1,097 active patients attended the practice in the last 24 months
• Open 3-4 days per week
• Utilizes Dentrix software
• 5-operatories in nearly 2,000 sq. ft. of space

Additional Purchaser/Advisor Information:

• A Practice Profile & Virtual Tour will be provided within 48 hours of your request
• A Confidential Open (by appointment only)
• The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
• Offers must be submitted on or before Friday, June 7th
• 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 or to schedule an appointment, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.