NORTHWESTERN ONTARIO
This practice is suited for the novice or established Investor Dentist™.
Producing a Free Cash Flow of more than $275,000 per year after paying the loan of 100% financing and a full-time Associate.
This absentee-owner, hands-off free cash flow is almost unmatched in the nation!
There are very few opportunities with this ROI available to the first-time i-Dentist™.
Alternatively, this community is ideal for a recent graduate, working in the office, hands-on, full-time, who can expect to rapidly pay down student loans while putting aside an additional $200,000 per year in after-tax earnings.
Within 5 years of purchase, it is entirely possible to have paid off:
- Student loans
- The practice purchase loan
- Your residence in the community
- AND have an additional $1 million in savings!
As our dear friend Dr. Roger Ellis would say, the practice primarily delivers quality, “bread-and-butter” dentistry. Diagnostic, preventive, and restorative procedures total to ~ 80% of its billings. Orthodontics, molar root canals, impacted wisdom teeth, implant fixtures, and implant crowns are all referred out.
The distance to specialists is a long journey for most; thus, adding a dentist who enjoys these procedures will substantially increase monthly income.
Located in the heart of northwestern Ontario, this region offers breathtaking natural beauty and exciting economic opportunity. The local economy is vibrant and recession/tariff proof!
Supported by a potent mix of industries, including mining, a Hydro One Dam, a large paper mill, and tourism. Hunting, snowmobiling, boating, ATV trails, and all-season fishing are especially popular.
Remarkably, no other dentist is within a 70-kilometre radius, providing a unique opportunity to continue serving this economically stable market.
The practice is strategically located inside a busy regional health centre that houses several other medical professionals. Owned and maintained by the Region, this modern regional health care facility enjoys complete municipal support. The Town allocates a proper annual budget for building repairs, thus keeping it in pristine condition.
In recent years, the practice received a new sterilizer, operatory light, and intra-oral x-ray, all paid for by the municipality. The municipality also has a budget to cover the clinic’s maintenance and repair of equipment.
Another advantage (over and above all the others already mentioned) is that utilities are NOT charged through to the dental office, lowering overhead another notch to a remarkably low ratio of 24% of gross income in 2024.
You read that right – 24% TOTAL overhead for our client in 2024!
This 2,195 sq. ft. clinic features three fully equipped operatories (with space available to add a fourth), a private office, a panoramic area, a sterilization area, a shared reception/waiting room, and a shared staff room.
Our client prefers a short transition period as they have commitments in waiting in southern Ontario. During the transition, the current Office Manager (a family member of the Vendor) will also remain to support and train a new full-time Office Manager/receptionist.
This is a rare and exciting opportunity for a motivated, firsthand owner-operator to acquire a well-respected, community-oriented practice with a solid foundation and excellent growth potential. A dentist with a family member who is also seeking full-time employment in business management/client relations would be the ideal couple to take over.
Additionally, the vendor’s house is offered for sale as part of the transition. The asking price is $175,000. There is virtually NOWHERE in Ontario where you can buy a modest, but newly renovated home for that amount!
LIFESTYLE FEATURES:
- Bicycle to work in the summer – 10 minutes
- Snowmobile to work in the winter – 5 minutes!
- Walk to work for exercise – 25 minutes…
NO traffic! No stress!
The residence is located just a four-minute drive from the office, offering added convenience and value for a relocating buyer.
Highlights include:
- An average of ~35 new patients per month
- 97% of patients are covered by a dental insurance
- Opportunity to keep significant services referred out in-house
- Industry-leading metric of LOW overhead when compared to gross income!
Additional purchaser/Advisor information
- For more details, register for the Confidential Webinar, which will be held on Sunday, April 27th, 2025, at 11:15 AM EST
- The presentation will be recorded. If you are not available to watch it live, we still encourage you to register, as it will be sent to those who qualify following the live event
- The practice appraisal will be sent out on Tuesday, April 29th, 2025 – AFTER the webinar has taken place, and to only those who are registered
- CLICK HERE TO REGISTER FOR PRESENTATION
- A Virtual Tour will be provided for qualified parties after the webinar
- Practice viewings will be arranged by appointment only
- Offers are due on or before 5 PM Friday, May 23rd, 2025
- Offer Acceptance by the Vendor on or before June 6th, 2025
- 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 Bev Taylor, Sales Representative.