Listing Status: Conditionally SOLD

5166

Hamilton/Burlington Area

ROI Corporation is proud to represent this well-established office, serving the community for almost 25 years.  Our client purchased the clinic in 2015 and wishes to sell it for personal reasons.  While our client works 12 hours per week and there are associates, this is the perfect office for a first-time owner.  The team consists of 1 hygienist, 2 assistants, and 1 receptionist/office manager.   Annual production is approximately $837,000, with 36% coming from a strong hygiene program, and approximately 35+ total outbound referrals are made monthly for ortho, implants, surgeries, and pediatrics.  Patients of this practice have a strong dental IQ.

The patients are a mix of ages and cultural backgrounds, and the majority live or work in the area.   The practice is assignment, and most patients have comprehensive insurance coverage with the current provincial fee guide followed.  The majority of patients come in every 3-6 months for their recalls.  While this is an assignment office, all co-payments are collected, and accounts receivable are nominal, showing the strength of the business operations.

Located in a plaza with ample parking for patients.   The office itself is well laid out, and approximately 1,670 square feet is fitted with 3 fully equipped operatories with a fourth plumbed and wired. The sterilization is fully compliant with all IPAC protocols.  The current lease has 6 years left however, since the clinic has operated out of the same location for the past 25 years, additional renewals should be easily obtained and our client felt it best to leave this to the successful purchaser.  There is no demolition clause.

Highlights of this practice include:

  • 36% hygiene program
  • 35+ cases referred out each month
  • Very low accounts receivables
  • No marketing or advertising with only internal referrals

CRITICAL DATES:

  • A practice profile and virtual tour will be available upon request.
  • A Confidential Open will be held by appointment only
  • Offers will be presented upon receipt
  • It is recommended that 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, Sales Representative & COO, and/or Constance Oly, Sales Representative.

5149

A Unique Opportunity for Dentists: Established Practice in Winnipeg

If you are a dentist looking for a strategic entry into ownership in the Winnipeg market, this established dental practice presents a promising investment. Here is what sets it apart:

Highlights of the Practice:

  1. Established Reputation

With 37 years of operational history, this practice has cultivated a robust reputation and maintains a loyal base of approximately 1,800 active patients. Such longevity indicates reliability, patient trust, and a significant foundation for new growth.

  1. Consistent Financial Performance

The practice has consistently shown financial stability and growth. It currently boasts cash earnings of approximately $500,000 annually, highlighting its profitability and potential for continued revenue success under new ownership.

  1. Under Market Rent

The owner enjoys the advantage of a highly favorable lease. The current rent is slightly over $1,000 per month for a 1,300-square-foot space within a medical building. This cost is well below both national and provincial averages, adding to the overall financial efficiency of the practice.

  1. Operational Efficiency and Growth Potential

This practice is equipped with three fully operational treatment rooms functioning near optimal capacity, plus a 4th operatory that is already plumbed and wired. This setup allows for immediate productivity and opens avenues for future expansion without significant additional investment.

  1. Strong Patient Demographics

A high proportion (85%) of patients are covered by insurance, providing a steady, reliable revenue stream. Additionally, the practice attracts approximately 20+ new patients each month, indicating a healthy growth trajectory and sustained community interest.

  1. Flexible Transition Period

The current practice owner is committed to ensuring a smooth transition and is willing to remain as an associate for a mutually agreeable period. This period can be customized to suit your operational needs, offering continued mentorship and maintaining patient trust during the changeover.

  1. Building Ownership Opportunity

A unique aspect of this investment is the potential to purchase a share of the medical/dental building. This not only secures your place within the facility but also provides enhanced financing opportunities, contributing to long-term stability and asset growth.

Why This Practice is an Excellent Investment:

For dentists entering ownership, this practice offers a balance of established success and future potential, backed by strong financials and a supportive infrastructure. The combination of an established patient base, reliable income, operational readiness, and potential for expansion makes this a standout opportunity.

Additional Information for Prospective Buyers:

  • Practice Profile: Available within 48 hours of request.
  • Confidential Viewing: by appointment only
  • Appraisal Available to Qualified Purchasers
  • Offer Preparation: Our offer preparation instructions are available at any time.
  • Offer Process: Offers will be reviewed as received and should be submitted with a certified cheque for 10% of the offer price, made payable to “ROI Corporation IN TRUST.”
  • Offer Documentation: ROI Corporation will draft all offers using our standard format for legal review.

For more details or to schedule an appointment, contact Reema Singla, Sales Representative.

5160

Wellington County

ROI Corporation is thrilled to present a very special opportunity to purchase a mammoth family practice in this beautiful corner of the Greater Golden Horseshoe. Established in 1990, the practice is the area’s preeminent dental location and part of the fabric of this large and historic township. Generations of this community trust in the professional and contentious dentistry provided by our talented owner, who is supported by dedicated long-term associates and a tenured team that are only really starting to hit their stride

An enviable following is the reason for the consistent growth and continued future revenues that a new owner can enjoy. The billing per patient ratios and built-in capacity of this 9 OP facility allows an investor immediate free cash flow from day one. Additionally, applying identifiable economies of scale in the medium term to optimize expenses will significantly enrich a future multiple.

Our client is looking to stay involved at the practice in a slightly reduced schedule, allowing the new owner the comfort and security of idyllic continuity upon succession. Our client owns the building in which the dental practice is one of many tenants. The sale of the building does not make sense in this instance. Our client will be more than happy to provide a secure long lease to the future owner.

Pre-Screening Process:

  • Upon receiving your request for privileged information, interested buyers will have a private one-on-one phone interview to qualify for investment viability

  • In order to attend the open and view the complete appraisal, buyers are requested to provide confirmation from their lender supporting their capability to qualify for financing at this level. We are aware that a lender cannot give a blanket authorization but can at least provide comfort in allowing us to know this transaction can be completed. A similar endorsement from a CPA is also encouraged

Highlights of the practice include:

  • Estimated Gross Fiscal 2025 – $4,067,414
  • Cash earnings – $1,794,770 – 44%
  • Over 4,400 unique patients seen in the last 12 months
  • Significant room to extend current opening hours and treatment options.
  • Secure premise lease
  • The vendor wishes to make themselves available for a healthy transition
  • Hygiene 35%
  • CBCT, CEREC, and all the latest Technology deployed

Key Dates and Timelines:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • A virtual tour will be provided to qualified parties
  • A Confidential Open (by appointment only)
  • The Practice Appraisal, in its entirety, will be released electronically to qualified 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 prefers a closing date in Q1 2025

For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative.

 

5153

Nova Scotia

Who needs the big city?

This opportunity offers all the amenities – where every aspect of dentistry is performed, with easy access to the great outdoors and 4 seasons worth of ‘entertainment’, is less than a 45-minute drive to Halifax and close to an international airport (and zero traffic to contend with), a low cost of living, in a safe community, with nearby craft breweries/wineries, etc. – the list goes on!

This general practice was first established in the 1960s, under current ownership since the mid-nineties, and enjoys a reputation as the go-to practice in the area.

Comprehensive preventive care is provided to a highly educated patient base, with all but 15% of the regular patients appointed with the hygiene team at least every 6 months.

Currently, 6 days of dentistry chair time are offered weekly by the owner and their associate (who is on contract).  However, there are no weekend or evening hours in the schedule, which may present an expansion opportunity.

Because of the unwavering devotion to the provision of hands-on care by the practice owner, our Vendor will only entertain offers to purchase from a clinician who maintains a similar philosophy.

If desired, and upon mutually agreeable terms, the owner has agreed to stay on post-closing as your part-time Associate for up to 3 years.

Highlights of this practice include:

  • All fees higher than the NSDA Suggested Fee Guide
  • 4 Ops; 1,554 square feet – all on ground level
  • Digital practice – patient records, 3D CBCT Pan and intraoral scanner
  • 60+ hours of hygiene time per week
  • Ample free parking
  • Natural light bathes all treatment areas
  • Incredible cash earnings of over $725k
  • Enjoy a long-term premise lease or purchase the Real Estate

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 will only be distributed to pre-qualified candidates
  • Showings  to qualified buyers will be scheduled by appointment
  • Offers to Purchase will be presented as received
  • 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 or to schedule an appointment, please contact Dr. Jeff Williams, Associate for Atlantic Canada.

 

 

5150

GTA WEST

A successful practice is the reflection of an owner’s dedication to patient care, hard work, determination, and the desire to always be improving. ROI Corporation is exceptionally proud to have the privilege of representing such an owner. This highly successful dental office has served the community for over 30 years. Our client has decided it is time for retirement from ownership and is prepared to hand over the reins to a new owner. Our client is happy to remain working as an associate but also understands a new owner may want to take over completely.   A transition will be provided to ensure the purchaser continues to benefit from the efforts of the vendor. Our client would also prefer to meet with the prospective buyer before accepting the offer when it is presented.

The team consists of 1 dentist, 2 hygienists, 2 level II assistants, 1 receptionist and a treatment co-ordinator/office manager.   Annual production is just under $1 million with 50% coming from an exceptional hygiene program.  Approximately 15-20 total outbound referrals are made monthly for ortho, implants, surgeries, and pediatrics. The traditional hours reflect a well-established owner totaling 33 hours per week.   Our vendor does not work Fridays or Saturdays, and given the residential neighborhood, hours can easily be expanded.  2 hygienists offer 48 hours weekly of treatment.  In the last 12 months, over 1000 patients were seen, and the practice averages 9-10 new patients per month. Marketing efforts are nominal, which is usually the case for these well-established, multi-generational offices.   All inbound referrals come from current patients.

The patients are a mix of ages and cultural backgrounds, and the majority live or work in the area.   The practice is non-assignment.  Most patients have comprehensive insurance coverage.  The practice follows the current provincial fee guide with the exception of restorative and endodontic treatments, dentures, crowns, bridges, and implants, all of which are 10-15% more.  The majority of patients come in every 3-6 months for their recalls.  Accounts receivable are nominal, with less than $2K total, showing the strength of the business operations.

The practice is well connected via major arterial roadways, proximity to highways, GO stations, and several bus routes, thus making it extremely easy for patients & staff to attend. The office’s signage offers excellent visibility and easy marketing to the surrounding residential area.  This well laid out office of 1100 square feet is fitted with 3 fully equipped operatories with room to expand. The sterilization is fully compliant with all IPAC protocols.  The current lease has terms and renewals until 2031 with no demolition clause.   Additional renewals are available, but our client felt it best to leave this to the successful purchaser.

The team members are skillful and devoted, and all have a written agreement with the practice.

Highlights of this practice include:

  • 50% hygiene program
  • Approx. 15-20 cases referred out each month
  • Very low accounts receivables
  • Approx. 9-10 new patients per month – internal referrals
  • No providers work on Fridays or Saturdays
  • Well documented protocols for practice management, sterilization, health and safety, human resources, COVID protocols, etc

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

 

5139

Simcoe County

This well-established, multi-generational general practice is perfectly situated in the thriving core of a dynamic community. With the surge of federal manufacturing investment and increasing population growth in the area, the business is currently experiencing organic expansion and is positioned for even greater future success. Founded in 1985, the practice is highly regarded both locally and across the surrounding region.

Without ever having to externally market, a new owner would inherit a deep patient base that would be very receptive to a program of modern dental education that could open significant revenue streams. Our current owner is happy to remain involved and would acknowledge that between significant referrals and their own conservative approach, there would be significant accessible treatment to diagnose.

The 2,500 sq. ft. facility houses 5 fully equipped operatories and 2 that are already plumbed to allow for inevitable expansion under a modern approach. There is a pan and generously proportioned staff and patient areas for long term sustainability in a high traffic area with exceptional parking. The office was remodeled by Ash Temple in 1998, and although somewhat dated, the functionality of the office is not lacking. This office will appeal to buyers who place value in the acquisition of secure transferable goodwill.

Highlights of this practice include:

  • Fully digital office
  • Convenient parking dedicated for staff and patients
  • 1,250 unique patients in the last 12 months
  • ~10 new patients per month with no advertising
  • Demand to increase hours/days
  • Secure lease extends to 2039

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)
  • 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 Winter 2024

For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative

5131

Toronto

ROI Corporation is pleased to announce the sale of a dental office with excellent visibility in the heart of downtown Toronto.

Our client is relinquishing ownership of this associate-driven office in order to pursue other business opportunities.

The sale is structured as a tangible asset sale which is tax advantageous to a purchaser.  Speak to your accountant about future tax shields when buying assets vs shares of a Professional Corporation.

This well-laid-out and equipped office is highly visible due to street exposure.  Spanning a little over 1,500 square feet, building out a similar-sized office in this location can range from $1.0 to $1.5 million in start-up costs.

The office was built in 2013, and ten years later, it was generating approximately $1.3 million in annual gross revenue, treating approximately 1,400 patients of record.

A milestone event occurred in the Spring of 2023 – a fire closed the practice for almost one year.

Since the grand re-opening in May 2024, many pre-existing patients have returned accompanied by new patients due to the high exposure.

Now in the Summer of 2024, the practice is generating ~$55,000 per month. There are 2 Associates, 1 hygienist, 1 assistant, and 1 receptionist employed.

The practice is open Monday to Friday from 10 am to 7 pm and Saturdays from 10 am to 3 pm.   Our client does not attend the office.

The practice has already established a relationship with Toronto Metropolitan University (TMU) and will be participating in Frosh Week, where over 5,000 students will be visiting their booth next week. A complete marketing plan for the University has been planned and can be easily executed by a new owner. It is well known that universities and staff have a form of dental coverage.  Since it is associate-driven, it would also be an excellent opportunity for someone who already has an established clinic and would like to tuck this one into their existing office.

This opportunity is also perfect for the sophisticated purchaser who may purchase nearby, smaller offices simultaneously in order to create a mega office.

The current lease runs until 2028, with a further extension until 2033.  There is a demolition clause which, when exercised, will ultimately require the new owner to move the clinic. An application has been filed for redevelopment, but the demolition clause, which has a 12-month notice period, has not yet been triggered.  Given the current location, proximity to TMU and the dense population, moving the clinic to a new location is very feasible.  Practices are successfully moved on an ever-increasing frequency, and a new owner can enjoy the next 3-5 years to not only return the production to the pre-fire levels but continue to increase new patients with the marketing plan already established by our client.

Finding new space in the core of downtown, given the increase in vacancies, can be successfully achieved.

ROI Corporation’s valuation has been published with full consideration of the demolition clause.

This truly is an excellent and rare opportunity to acquire a successful practice well below the cost of a startup.

Highlights of this practice:

  • 35-40 new patients per month (39 in the month of July – traditionally a slow month)
  • Assignment office
  • Tracker software
  • Fully digital
  • 3 operatories with room for 2 additional

Additional Purchaser/Advisor Information:

  • Appointments to view the practice will be available on an individual basis
  • Offers will be presented to our client 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 or to schedule an appointment, please contact Jackie Joachim, Sales Representative & COO, and/or Constance Walker, Sales Representative.

 

 

5114

North Toronto – “The building’s asking price has been reduced to $2,000,000 from the appraised value of $2,200,000. The vendor is also willing to assign a new and favourable lease to a buyer with the first option to purchase.”

ROI Corporation is proud to bring this established, general practice to market.

Situated on the corner of an extremely busy thoroughfare in North Toronto, this practice has provided the community with a high level of personalized dental care for over 30 years.

Generating an average monthly production of more than $44,900, this practice has treated approximately 1,370 unique patients in the last 12 months. Preventative services contribute to approximately 40% of the revenue annually.

With virtually no advertising, several specialty treatments referred out (including all endo procedures), and a schedule that includes no evenings or weekends, the opportunities to increase revenue within this business are vast.

The building, which is also available for purchase, enjoys excellent exposure on a main street that sees consistent local and region-wide traffic. Home to 3 fully equipped operatories, panoramic X-ray, storage areas, and more, this 1,066 sq. ft. facility provides a clean and comfortable clinical environment for patients. A spacious basement apartment offers the owner an additional income stream as well as the opportunity to expand the practice in the future.

Advisors will frequently recommend property ownership, when possible, as the ability to be your own landlord provides a large degree of security to both the practice and the real estate investment. Utilizing this growing practice to pay down a property, which is poised for an exponential increase in value over the next decade, is highly advisable.

This is an incredible opportunity to purchase an established practice and property while transitioning into long-term ownership of a community-oriented practice.

Highlights of this Practice Include:

  • 1,370 patients seen in the last 12 months
  • Accounts Receivable managed well below industry average
  • Opportunity to purchase the property and be your own landlord or sign a favourable lease with no demolition clause and the first option to purchase
  • Growth potential is endless, considering the countless outbound referrals, conservative office hours and absolutely no recent marketing efforts

Additional Purchaser/Advisor Information:

  • A practice profile will be available to qualified purchasers requesting information
  • Confidential showings can be arranged by appointment for qualified buyers
  • 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 additional information, please contact Alexis Sweetnam, Sales Representative.

 

 

5101

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

5088

COCHRANE

ROI Corporation is delighted to present the opportunity of ownership in Cochrane, one of the fastest growing communities in Canada! Cochrane, just 35 minutes northwest of Calgary, has it all. Home ownership is phenomenal at ~84%, and the average household income is exceptionally high, surpassing that of Calgary.

Situated at the end of a retail plaza, the clinic is easily noticeable. This 1,595 sq. ft. facility features two exam rooms, a pre-test room, a lab, two washrooms, and a naturally light-filled reception area and retail space.

The office is open five days a week, with the optometrist working only 34 hours over four days. Additionally, the owner takes 11 weeks of vacation annually. Retail sales of frames, contacts, and accessories account for 56% of the gross income. No sunglasses are sold, which is an area that could be supplemented. The patient base is loyal to the location and the services provided. The structure of the clinic provides many opportunities to grow the practice and improve the bottom line.

Highlights of this practice include:

  • A long-established practice started in 1995 and moved to its current location in 2015
  • Easily accessible, ample parking
  • Insignificant advertising (~ 1% gross income)
  • Non-Assignment
  • ~3,000 patients have been seen in the last two years

Additional Purchaser / Advisor Information:

  • A Practice Profile will be provided within 24 hours of your request
  • The Appraisal and iGuide photography package will be distributed to pre-qualified candidates who have completed a ROI Corporation Confidentiality Agreement
  • Showings will be scheduled by appointment
  • Offers will be presented as received
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

   

For additional information please contact Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.