Listing Status: New

4969

Date Posted: 2023/09/21

St. Paul

ROI Corporation is honoured to present a deep-rooted and thriving general practice that has been instrumental to this growing community for decades.

The clinic is well located, just two hours from Edmonton, near the heart of town and adjacent to the Hospital. St. Paul is the centre of commerce for the region and a destination for the surrounding communities.

The well-designed, stand-alone building is 3,145 sq. ft. and features eight spacious, well-equipped operatories, two steri centres, a lab, & X-Ray area. The basement features ample storage and the mechanical room, so noise is not an issue for patients.

An opportunity to be in complete control is available, as the building is being offered for sale in addition to the practice.

Highlights of this practice include:

  • ~3,400 patients seen in last 12 months. ~51 new patients per month.
  • Strong hygiene engine: the two hygienists are booked 12 weeks ahead.
  • Fully digital office utilizing ClearDent software.
  • Practice Zebra is utilized as the recall software.
  • ~90% of patients covered by comprehensive insurance.
  • Excellent collections with low A/R

Additional Purchaser/Advisor Information:

  • The Practice Profile and virtual tour will be distributed to the interested buyers who have completed a ROI Corporation confidentiality agreement
  • The Confidential Open is scheduled for the weekend of September 30 – October 1st, 2023
  • Instructions to draft an Offer to Purchase must be submitted on or before Wednesday October 11th, 2023
  • All offers will be prepared by ROI Corporation on our standard forms for your lawyer’s review.

For more information or to schedule an appointment, please contact David Raborn or Dr. Wayne Raborn, Sales Representatives

4967

Date Posted: 2023/09/14

Kanata, ON

It isn’t often that a practice that has built goodwill since 1998 comes on the market.  This practice has never employed an associate ( except for maternity leave) and has consistently provided a high standard of care based on a philosophy of sound treatment options.

The practice has approximately 1,200 active patients and employs 3 dental hygienists who share the 4-day work schedule.  Revenue in 2023 is expected to be just over $600,000, an increase of 10% over 2022.  The Owner practices conservative dentistry and refers out all specialty procedures.  The practice does not accept assignment, and accounts receivable are just over $1,000.00.  The practice is open 4 days/week with no evening or weekend hours.

The office is located in a professional building on a main roadway with access by public transit and as well as free parking for vehicles.  The landlord has agreed to remove the demolition clause for a new buyer.

The office consists of 4 operatories, sterilization and laboratory, a private office and a staff room.  The practice uses Abeldent software but only stores the radiographs digitally.  However, a new owner could easily convert to paperless charts.

The Owner is retiring but is willing to associate for a short period of time to facilitate the transition.

Highlights of this practice include:

  • Solo-owned 25-year-plus office
  • Predictable revenue year after year with steady growth
  • All specialty procedures referred out
  • No assignment of benefits.
  • No demolition clause in lease

Additional Purchaser/Advisor Information:

  • Practice Profile is available now
  • Practice OPEN September 24th by appointment only
  • Appraisal is available following the OPEN
  • Offers are due Friday, October 13th, by 5:00 pm EST
  • Offers prepared on ROI Share Purchase Template
  • 10% Deposit due after offer acceptance by all parties.

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

4965

Date Posted: 2023/09/13

Northwestern Ontario

Owning your own building is optimal.  Having a building included in the price of the practice is extraordinary.  ROI Corporation is thrilled to present this unique opportunity to acquire a prosperous general practice and building.

Located in a border town, this area is known as the industrial capital of Northwest Ontario.  Rural practices have tremendous opportunity – more patients, more complicated dentistry, low overhead, stronger goodwill and greater prospects for growth.

Our clients own practices in another province and have decided to focus their time and attention on those. Upon purchasing this office, the current owners set out to improve the care and efficiency of the practice through technology and systems.   New equipment was added, and the practice was digitalized.

Occupying a stand-alone commercial building, the ~2,800 sq. ft. area provides optimal space for this thriving business. Two associates are responsible for ~70% of production. A third associate has recently been hired.  One of the current owners attends the office one week per month to provide dental treatments that are of interest to them. The practice could easily be converted to fully associate-driven if that is the vision of the new owner.

The current owners’ business acumen, excellent draw area and lower overhead expenses ensure the future success and longevity of this opportunity. Within a 10km radius, there are ~11,000 residents with only 3 dental practices servicing the area. Due to the limited providers, patients travel great distances for their dental care providing a vast draw area. Lower overhead expenses are enjoyed by more rural locations when compared to their urban counterparts. Lower occupancy cost, staffing and utilities expenses help this practice’s strong bottom line. The cash earnings of the office is consistently an incredible 57% of gross.

In the last 12 months, ~2,800 patients have been cared for. Per month, a steady flow of 20-25 new patients plus 19 emergencies are received. The hygiene program could be built out further with the demand of the current patient base. Hygiene is currently booked out 4-12 weeks depending on the requested time of day. A solid 80% of the patient base have dental insurance coverage.

The town and surrounding area provide no shortage of outdoor activities to help cultivate a wonderful work-life balance. Well-connected for travel, there is easy access to the US border offering even more possibilities.

Highlights of the Practice include:

  • Building included for no additional cost
  • No landlord, demolition or rent to deal with
  • 5 operatories
  • Hospital privileges available
  • Strong Google Reviews
  • Updated sterilization area
  • Fully digital practice

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • The Appraisal will be distributed to interested parties
  • Offers will be presented to our client as received
  • Due to the remote location of the practice, your offer will include a site visit condition
  • 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 Oly, Sales Representative.

 

4963

Date Posted: 2023/09/12

Eastern Ontario

ROI Corporation is proud to present this fantastic opportunity.

This is the sale of a 50% partnership interest in a large practice in a vibrant city in eastern Ontario. The selling partner is ready to retire but has not worked full-time at the practice since 2019, instead relying on a full-time associate while the vendor attended the practice on an as required basis. The other partner will remain following this sale.

There are two partnerships, one for dentistry and one for hygiene. The vendor is selling the partnership interest in both. The combined revenue for the entire practice is approximately $2.8 million annually. It is a large practice, with 10 operatories and over 4,000 active patients. Hygiene accounts for 30-35% of the total production. The practice is mainly non-assignment except for some long-standing patients and some in special circumstances.

While the vendor purchased the partnership interest in 1991, the practice was originally started in 1965 and has been at its current location since 2001. It is a stand-alone building with excellent visibility from the street. The office is approximately 2,800 sq. ft. on the main floor with another 1,000 sq. ft. of finished basement. Total rent is less than $5,000 per month. In addition to the 10 operatories, there is a Pan, consult room, 3 private offices and a staff room. The lease runs to 2034 (current term to 2029).

In this expansive facility, you will find a highly skilled team comprising 6 hygienists, 4 dental assistants, 3 front desk staff members, and an exceptional office manager, who has been an integral part of the practice for 9 years. This practice operates efficiently five days a week, with no evening or weekend work, promoting a balanced and enjoyable lifestyle.

While the practice offers a wide range of services, including most dental procedures, some specialties like oral surgery, periodontics, and orthodontics are often referred out, leaving room for further growth and expansion.

Located in an attractive city, this practice is surrounded by a wealth of cultural and recreational activities, diverse dining options, and abundant shopping opportunities. Additionally, its strategic location provides convenient transportation access to major cities like Toronto, Montreal, and Ottawa.

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 approved candidates in advance of showing
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • 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 Bill Alton, Sales Representative.

 

 

4951

Date Posted: 2023/09/10

Toronto

ROI Corporation is delighted to represent this exceptional office.  Our client is an excellent practice owner who has strategically grown this office since starting it in 2016.  They are also an Investor Dentist™ who no longer works as a dentist in the clinic.  This office is completely associate driven.

Upon receiving your request for more information, a Buyer Application will be sent for your completion.  Interested buyers will have a private one-on-one interview with Jackie Joachim, Chief Operating Officer & Sales Representative, and must submit their completed Buyer Application prior to the interview.

Interested parties will also be asked 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 they can at least provide comfort that this transaction can be completed.

Key Factors:

  • EBITDA: 8x
  • Normalized net income: $1,172,060
  • 6 Operatories
  • 10 associates and 4 hygienists
  • Strong lease with long terms/renewals and NO DEMOLITION clause
  • 85% of patients with excellent insurance coverage and 95% live/work close to clinic
  • 200 new patients monthly
  • 50-100 emergencies per month
  • Approximately 4,300 individual patients seen in the last 24 months
  • Approximately 1,900 patients ready to book hygiene appointments

Additional Purchaser/Advisor Information:

  • Following their interview with Jackie Joachim, qualified purchasers will receive a virtual tour and pre-recorded webinar
  • Offers will be presented as received – there is no offer deadline
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

Please contact Jackie Joachim, Chief Operating Officer & Sales Representative, and/or Constance Oly, Sales Representative.

4948

Date Posted: 2023/09/08

Gloucester, ON – Turn-Key Facility

ROI Corporation is pleased to offer an attractive 3 operatory practice for sale in Gloucester, ON, an east-end suburb of Ottawa. The practice is located on a busy street in a small strip mall with excellent street visibility.

This offer is for the facility only. The purchase price of this office is significantly discounted when compared to building a comparable facility from scratch.

The practice was built in 2020 and shared office space with a denture practice.

The denturist laboratory space is plumbed and wired for an additional 2 operatories.

The 1,653 sq. ft. facility currently has a premise lease to January 30, 2031, plus 2 x  (5) years renewals with an option to lease adjacent space if available.

Highlights of this practice include:

  • 3 Midmark Chairs with DCI delivery
  • Acteon CBCT and digital Panorex
  • Digital intra-oral radiographs
  • 3 ceiling/wall mounted TV’s in each op
  • Consult room
  • Staff room
  • 2 washrooms
  • Free on-site parking

 Additional Purchaser/Advisor Information:

  • A Practice Profile is available
  • A Confidential OPEN (by appointment only) will be held on Sunday, September 17th, 2023
  • Signed offers will be presented as received
  • Closing: Upon 30 days of acceptance of the offer
  • 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 Ann Wright, Senior Sales Representative.

4957

Date Posted: 2023/09/07

Downtown Toronto, East

Asset Sale

When opportunity closes one door, a window opens another.   Welcome to practice #4957: a 24-year-old general practice located in a very popular area in Downtown Toronto East. This practice offers varied opportunities to any keen dentist who sees this unique value and can quickly capitalize at an amazingly minimal investment.

This is an uncomplicated general practice currently run by the principal dentist and his wife as the receptionist. No other staff members are employed. The owner takes a tremendous amount of time off throughout the year and refers out at least 40-50 services monthly from hundreds of loyal, active patients.   In addition, the expenses of the practice are kept remarkably low, directly benefiting the bottom line.

This is a quaint and efficient 976 sq. ft. practice, with 3 well-lit operatories located on the second floor of a very busy professional building off a main street. There is a timely window of between 5-10 remaining years of operating in this specific location, as a short-lived demolition clause exists in the lease. While not all demolition clauses are created equal, and each circumstance should be viewed independently, in this specific instance, it appears that the building of this practice will be demolished within this decade.

With that being said, two options are available to interested buyers:

1. A local dentist can benefit from a goodwill/chart sale and drastically increase their current patient base.

2. At this practice’s current low price point and with all of the existing opportunities, a very lucrative opportunity undeniably exists for the next shrewd, hands-on owner to enjoy the practice for as long as possible in that specific location.

Ultimately, this is a uniquely inexpensive opportunity that deserves some thought and should not be overlooked for its potentially significant return on investment.

Highlights include:

  • Hundreds of active local patients
  • Buyer-friendly asset sale
  • 3 fully equipped operatories in a 976 sq. ft. facility
    40-50 services referred out monthly that can be kept in-house
    Ample room to expand on hours and days of operation
  • Densely populated area with plenty of options for transit and parking for patients.
  • No current marketing is being done, including no website

Additional Purchaser/Advisor Information:

  • A practice profile will be available upon request
  • An open will be held (by appointment only) on Friday,  September 22nd, 2023
  • The Appraisal will be distributed by email request on Friday, September 22nd, 2023
  • Conditional offers must be submitted by Thursday, October 5th, 2023 at 4:00 PM
  • 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 Doron Eisenberg, Sales Representative.

4952

Date Posted: 2023/09/06

West GTA

Setting up a practice from scratch is no easy task.  Purchasing a warm start practice is an excellent option for someone who is excited to build their own patient base without going through the challenges of looking for a space, acquiring permits, enduring building delays and more.

ROI Corporation is pleased to provide an excellent opportunity to purchase an exceptionally designed office with approximately 600 patients.  The office opened its doors in 2018 and is located in a highly desirable location, with excellent visibility and neighbouring large big box retailers.

The location is home to many thriving businesses including major employers with excellent benefits packages.  Owning a practice in this charming and fast-growing community offers a buyer the perfect lifestyle. As a newer practice, the patient base continues to grow due to initial marketing and location.

The practice is located in an area of newly built luxury condominiums and townhomes and custom homes.  The median household income is $125,000.   Residents in this area have both insurance coverage and high dental IQ making them excellent patients.

Highlights of this practice include:

  • 3 operatories with 4th plumbed & wired
  • High quality equipment – Adec chairs, cabinetry, and sterilization area
  • Excellent technology in the office including 3Shape intra-oral scanner, Carestream Pan & 3 Carestream intra-oral x-rays
  • Approximately 2,400 square feet
  • Excellent location with high visibility
  • Solid lease with excellent renewals and exclusivity
  • The landlord has confirmed that the demolition clause will be removed with the assignment of the lease
  • 8 new patients per month without any marketing
  • Opportunity to expand hours
  • Assignment with 90% of the patients being covered by a type of dental insurance plan

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, September 17th
  • The Appraisal will be distributed following the Open
  • Offers due on of before Friday, September 29th
  • 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 Oly, Sales Representative.

4960

Date Posted: 2023/09/06

Northern Manitoba

Introducing a Remarkable Opportunity with ROI Corporation!

Discover an exceptional investment opportunity in a well-established Northern Manitoba town, exclusively presented by ROI Corporation. Nestled along a prominent thoroughfare in a bustling residential and commercial hub, this clinic offers a prime location with high traffic flow.

The journey of this practice began in 1998 when the dedicated owner took the reins. Over the years, as the practice flourished, it evolved to meet the needs of its expanding clientele. In 2015, it relocated to its current state-of-the-art facility, a standalone building designed to cater to local residents, neighbouring reserves, and nearby towns. With a wealth of experience in practice management, the owner is committed to facilitating a seamless transition and mentoring the prospective buyer.

This listing presents a rare opportunity, ideal for both first-time buyers and savvy investors looking to expand their portfolio. The practice primarily focuses on restorative, endodontic, removable prosthodontic, and oral surgery services. Patient comfort and education are paramount, with each operatory equipped with computers and televisions.

Boasting 7 operatories, a private doctor’s office, and a dedicated administrative area, this practice also features advanced technology, including a Digital Pan/Ceph for Orthodontic use and a 3D-CBCT machine. An Orthodontist visits the practice once every two months, offering a comprehensive range of services under one roof.

Operating 6 days a week, this thriving practice achieved a remarkable gross revenue of $2.63 million last year, with the support of one associate and a full-time hygienist. With a buyer-friendly valuation of $2.4 million, the owner is motivated to consider reasonable offers due to family reasons and is willing to provide support during the transition period.

Don’t miss the chance to seize this golden opportunity!

Highlights of this practice include:

  • Orthodontist visits once every two months.
  • Pan/Ceph
  • 1 J. Morita Pan/3D-CBCT
  • washrooms (1 for doctor, 1 for patients and 1 for employees)
  • Active patients in last 12 months 3725
  • 40% of patients NIHB
  • 2,800 Square feet standalone dental building for sale or rent
  • Ample, free parking

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Showing by appointment only
  • The Appraisal will be distributed to qualified purchasers
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • Offers will be presented as submitted
  • 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 Reema Singla, Sales Representative.

 

 

4954

Date Posted: 2023/08/31

Halton Hills

ROI Corporation is pleased to present to you this charming, long-standing family practice. Started more than 25 years ago, this practice is located in a small Hamlet within the beautiful Niagara Escarpment country.

Situated on the second floor of a retail plaza, this plaza, which is one of the most popular in the area, contains all the well-known and loved staples of the community. This modest practice is home to one fully equipped operatory, with three further rooms plumbed and wired for additional operating space.

Our client is retiring after enjoying a very relaxed and stress-free work schedule. She does not employ a hygienist.

This practice has fantastic potential for growth. With this in mind, the main priority of the new owner should be to focus on the following opportunities:

  • Hire a full-time hygienist to help implement a more robust hygiene program
  • The practice performed approximately 750 appointments in the last 12 months – an introduction of a community-based marketing plan to entice new patients could help increase that number dramatically
  • 10 to 15 specialty treatments are referred out each month
Highlights of this practice include:
  • Non-assignment practice
  • Nearly perfect collection protocol – just over $500 in total accounts receivables (at the time of the appraisal)
  • Ample room to expand into this 1,000 sq. ft. floor plan
  • Rent is ~$2,500 per month – well below GTA average rental costs
  • The premise lease contains NO DEMOLITION CLAUSE!
Additional Purchaser/Advisor information:
  • A practice Profile will be provided within 48 hours of your request
  • An Open (by appointment only) will be held on Sunday, September 17th, 2023
  • Offers are due by 5:00 PM on Thursday, October 5th, 2023
  • 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 Amanda Kotchie, Sales Representative.