Listing Status: Sold

4863

Mississauga

Roi Corporation is proud to bring this excellent opportunity to the open market.

Suppose you want a practice in a growing city with boundless opportunities and great neighbourhoods with big-city amenities. This practice in Mississauga might be a can’t-miss opportunity for you.

This office offers a tremendous opportunity to anyone seeking a balanced lifestyle/career in a thriving community within the GTA.

The practice has been at the exact location since 2009. The new owner will receive a robust patient base and a turnkey facility.

Highlights of this practice include:

  • 15 hours per week of optometry service
  • 40 new patients per month
  • 80% of patients have insurance coverage.
  • Surrounded by famous national tenants
  • Income is constantly trending upwards
  • A Practice Profile 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.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
  • A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due 2 days after the offer is accepted.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Our vendor is looking to close this practice sale in Summer 2023.

For more information or to schedule an appointment, please contact

Lance Edwards, lance@roicorp.com (416) 474-9741 Sales Representative.

5057

Northwestern, Ontario

JFK is quoted as saying, “The Chinese use two brush strokes to write the word ‘crisis.’ One brush stroke stands for danger, the other for opportunity. In a crisis, be aware of the danger–but recognize the opportunity.”

ROI Corporation has the unfortunate task of representing a practice where the dentist suddenly passed away. For the right person, this crisis is an excellent opportunity.

Located in NW Ontario, this town has a solid economic base supported by a world-class industrial mill. In 2023, the practice had a gross revenue of $850K and still referred out many procedures, with over 36% of production coming from hygiene. There is heavy investment in technology with a CBCT, digital scanner, microscope, and other high-end infrastructure in this 5 operatory practice. Growth would be immediate for a general dentist with a broad range of skills.

Due to unforeseen circumstances, a closing date would not be able to occur for 4-6 months. The successful candidate would have access to the entire practice in a subleasing arrangement until closing. A separate agreement for that phase would be completed.

As a result of these circumstances, the practice will be offered at substantially below market value, resulting in a dramatic return on investment for the buyer. Offers are being accepted immediately.

Additional Purchaser/Advisor Information:

  • A Confidential Open by appointment only
  • The Appraisal will be distributed when completed
  • Offers will be presented 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 Drew Markham, Sales Representative.

5026

DURHAM REGION

It is an honour to represent our client in the sale of this top-tier dental practice as they pursue a lifestyle transition out of the province.

This five-operatory practice is ideally located in a charming and rapidly growing community less than an hour away from Toronto. The highly sought-after retail location is complemented by several traffic-drawing anchor tenants and surrounded by residential homes with multiple new condo developments underway.

Strong business systems and a skillful, friendly team have directly translated to organic growth, which is also illustrated by the strong financial stats. Despite the turn-key appeal of this practice, upside potential exists both in a steady stream of specialty services currently being referred out and the ability to tap into marketing potential.

Our client’s lease favourably extends until 2037. This said, and as commonly seen in larger retail developments, a demolition clause exists with a 6-month notice period. Thankfully this is a clause that exists with a multitude of mitigation that should provide comfort. We have been able to secure confirmation that other tenants in the same development have unencumbered tenancy that extends 20+ years. The plaza and building have benefitted from recent CapEx improvements that underline the landlord’s long-term commitment. The same landlord has given written confirmation that they have no plans to redevelop the plaza and have indicated that they might entertain some appeasement of the terms. Buyers and the associated financiers should be comfortable assuming an assignment of the lease in an “as is” state and will, of course, be given preference in a competitive situation. The demolition clause is reflected in the appraisal and asking price.

Highlights of this practice include:

  • Cash earnings are well above industry standard at 49% of gross
  • A strong hygiene program accounting for 40% of revenue
  • 2,742 unique patients have attended the practice in the past 12 months
  • Equipment and leaseholds are immaculately maintained, offering a warm and inviting environment for patients
  • The practice is fully digital, including x-ray, a Panorex, and clinical records
  • 25-30 new patients per month with no advertising efforts in place
  • Ample, free parking

Additional Purchaser/Advisor Information:

  • A Practice Profile will be available to qualified purchasers within 24 hours of your request
  • 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.

 

 

 

5022

Vaughen

ROI Corporation is proud to present this consistent, long-standing general practice located in Vaughan, Ontario

Generating an average monthly production of more than $56,100, this practice has treated over 1,032 unique patients in the last 24 months. Situated on ground level and on the main thoroughfare in the community, this practice has offered patients dental care for over 25 years.

This opportunity is suited for any style of dental practitioner, as 93% of revenue is produced by Diagnostic, Preventative and Restorative procedures, with several specialty treatments referred out each month. The impressive hygiene program produces 41% of the practice’s revenue.  This practice is only open three days per week, with no evenings or weekends, allowing the purchasing dentist to expand hours and increase revenue.

A highly efficient use of 750 Sq. Ft creates a low-overhead environment, where virtually every inch of this clinic produces income and prioritizes profitability. The facility houses two fully equipped operatories, a sterilization area, a staff room and more.

This is an excellent opportunity to purchase and grow a profitable practice.

Highlights of this practice include:

  • 41% of revenue generated by the hygiene program
  • Strong lease with no demolition clause
  • Rental expense below industry averages (only 4% of annual revenue)
  • Substantial, highly recognizable signage
  • Ample free parking

Additional Purchaser/Advisor Information:

  • A practice profile will be available to qualified purchasers requesting information.
  • CLICK HERE TO REGISTER FOR WEBINAR  
  • 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 Nicholas Boyle, Sales Representative.

5024

WEST ISLAND – Previously listed as Ref# 4981

Real Property – Priced Separately

Increased Revenues

Do you want freedom of ownership as a practice and building owner? This is the perfect listing for a dentist looking to own the real estate and a long-established dental practice located in the family-friendly, rapidly growing West Island of Montreal.

With landlords becoming increasingly more demanding, owning the property is now a major asset and offers unique financial benefits.

This lovely, bright 2 operatory practice has revenues of over $440,000, an increase of 29% over the last 2 years, with hygiene contributing more than 56%. The layout lends plenty of space to convert the clinic into a 4 to 5 operatory dental centre operating under a current work-friendly weekday schedule.

The untapped revenues from an abundance of specialty cases currently being referred out each month and underutilized weekday clinic hours offer the able buyer the perfect opportunity to quickly expand billings.

Due to our client’s careful attention to quality, conservative dental care and management, this practice has garnered a long-standing dedicated team and loyal patients who refer 98% of new patients.

Highlights of this practice include:

  • Space spans ~ 1,050 sq. ft. on the main floor and a further ~1,050 sq. ft. on the lower level
  • Plans have been drafted to accommodate up to 5 operatories
  • Equipped with digital sensor
  • Practice does not handle insurance payments so patients pay upfront
  • Approximately 13 speciality cases are referred out each month
  • Very attractive weekday work schedule with no evening or weekend hours
  • Flexible terms for a successful transition

Additional Purchaser/Advisor Information:

  • Visits will be held by appointment only to qualified candidates who have completed the ROI Corporation confidential agreement.
  • The practice and building appraisals along with a video of the premises will be available to qualified candidates.
  • Target closing date is Spring 2024.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
  • The accepted offer should be accompanied by a 10% deposit in the form of a certified cheque or bank draft to the order of ‘ROI Corporation IN TRUST’.

 

For more information or to schedule an appointment, please contact Pascale Guillon.

4918

TORONTO

Ownership in a major urban city with continued growth is truly the opportunity any successful businessperson seeks.

This Toronto office provides the existing owner with strong cash flow and will provide the next owner with an excellent foundation to continue to build these clinics to the next level.

Key Factors:

  • Asking Price: $3.8 million
  • EBITDA: 5.5x
  • Normalized net income: $632,475
  • 2500 active patients
  • Completely associate driven
  • Excellent lease with long terms/renewals and NO DEMOLITION clause.
  • High dental IQ patients with excellent insurance coverage
  • Each operatory currently produces $353K
  • Room for expansion – hours, services and revenue
  • Affluent neighborhood – average income $220k/year

Qualified purchasers will be invited to attend a special VIP webinar

Please contact Jackie Joachim, Chief Operating Officer or Constance Oly, Sales Associate

5014

Edmonton

ROI Corporation is delighted to showcase a dental practice in a rapidly growing south Edmonton neighborhood. The new owner is sure to benefit from the excellent location and first-class facility.

The clinic is located within a dynamic and professional retail plaza, which includes a specialty practice and other medical professionals. Residential surrounds. Loads of future development is planned. It is adjacent to two major thoroughfares. Patients and staff enjoy the soaring ceilings and elegant finishes. The clinic is modern, functional, and comfortable.

This professionally designed, contemporary 2,300 sq. ft. clinic possesses 6 well-appointed operatories and is plumbed and ready for the seventh chair to be installed. Five of the 7 operatories are inclosed. Natural light illuminates throughout.

The clinic is currently open for only ~20 hours over 3 days a week. With more doctor hours, this well-located general practice is bound to flourish. Our client is unable to continue to manage this practice, with their attention being divided by other professional endeavors.

Building a clinic of this caliber involves significant expenses, would consume a considerable amount of time, and possesses many construction hurdles. With its prime location, top-notch facility, and current staffing, this clinic presents an ideal opportunity for an owner-operator(s) to make this their primary practice and watch it soar!

Highlights of this practice include:
  • Plenty of ample, free parking
  • Right of First Refusal and Option to Purchase the condo written in long-term lease
  • 2 Washrooms: Staff & Patient
  • Fully digital: Power Practice dental management software & CADI imaging software
  • Outstanding A/R
  • This is an ASSET SALE
Additional Purchaser/Advisor Information:
  • A Practice Profile will be available to qualified purchasers requesting information.
  • The profile, appraisal, and photos will be distributed to those qualified who have completed a ROI Corporation confidential agreement.
  • Within 48 hours of acceptance of an Offer we will require a deposit in the form of a certified cheque or bank draft payable to “ROI Corporation IN TRUST”
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.

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

5004

Kitchener/Waterloo

Approaching a half-century of practice in “KW” the subject office has an impeccable reputation amongst a devout patient base and the wider community. Consistent, patient-centric, conservative dentistry has been served up throughout this time, resulting in a surplus of both quality and quantity across all metrics.

Under the guiding hand of a detail-oriented and passionate medical professional, the practice enjoys continuity in the form of a single owner, a long-term associate, experienced hygienists and tenured administrative staff that have quietly and consistently “done the right thing,” forming outstanding bonds with the people they serve.

The office has been at the current location for almost 30 years, steadily growing on continued internal patient referrals and being a convenient commute for the abundant upper-middle-class neighbourhoods that surround its location. Our successor will enjoy a confluence of beneficial circumstances to thoughtfully leverage moving forward.

Highlights of the practice include:

  • Diagnostic – 13%, Preventative – 35%, Restorative – 39%
  • Notable referrals across all disciplines
  • High-volume vehicular traffic with exceptional parking for staff and patients
  • Secure premise lease
  • Digital office – 4 bright well equipped technically proficient ops
  • Room and reason to expand
  • Over 2000 active patients
  • The owner and staff are available to provide an ideal goodwill transition

Additional features of this practice include:

  • A Practice Profile will be provided within 24 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 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 prefers a closing date in Q1 2024

 

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

5000

Greater Collingwood Area

ROI Corporation is proud to present this consistent, long-standing general practice located in the Greater Collingwood Area

Situated in a street-level retail plaza and on the main thoroughfare in town, this practice has provided the community with a high level of personalized dental care for decades. Generating an average monthly production of more than $55,000, this practice has treated over 1,151 unique patients in the last 24 months.

With virtually no advertising, several specialty treatments referred out and a schedule that includes no evenings or weekends, there are ample opportunities to increase revenue within this practice immediately upon ownership.

Home to 3 fully equipped operatories, panoramic x-ray, consultation room and more, this 1,911 sq. ft facility has room to be expanded and provides a clinical environment that is welcoming to patients.

After over 26 years of providing compassionate dentistry to this community, our client is ready to transition out of ownership and pass the care of this loyal patient base to a new owner.

Highlights of this practice include:

  • Long-term lease without demolition or relocation clauses available for negotiation
  • 1,151 patients seen in the last 24 months
  • Digital panoramic x-ray
  • Well below the industry average Accounts Receivable
  • 14 new patients per month
  • 31% of revenue generated by hygiene.

Additional Purchaser/Advisor Information:

  • A practice profile will be available to qualified purchasers requesting information.
  • CLICK HERE TO REGISTER FOR WEBINAR
  • The Appraisal will be available to all qualified purchasers
  • A confidential Open by appointment only
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

 

For additional information, please contact Nicholas Boyle, Sales Representative.

5001

North GTA

ROI Corporation is pleased to present this opportunity to purchase a beautifully designed dental facility! The town is sought-after by young families as it is boasts exceptional infrastructure while still offering beautiful connections to nature via countless green spaces and parks.

Situated in a busy and expansive retail plaza, this location offers a wide range of businesses as well as strong anchor tenants such as a large grocery store. This plaza receives a great amount of inbound traffic throughout the entire day. Built in various stages since 2018, the plaza is now finishing up the final building on the premises of which one of the tenants is said to be a daycare facility.

The 1,800 sq. ft. dental facility was completed in 2020. There are 3 fully equipped operatories with a potential for an additional 3! Two of the three additional operatories are plumbed, wired, and have cabinetry installed. The third is plumbed but currently used as a private office. Additionally, the layout offers incredible floor to ceiling windows in the reception area, a welcoming waiting area, sterilization area, pan room, 2 washrooms (1 patient & 1 private) as well as a comfortable staff room.

The premise lease was professionally negotiated to include an exclusivity clause. Renewal options stretch until 2038 presenting the strong opportunity to become a pillar in the community.

Highlights of this facility include:

  • 3 fully equipped operatories plus an additional 3 operatories
  • Located in a beautiful, modern retail plaza
  • Setup is fully digital (charting & x-rays)
  • Pharmacy & Medical clinic in the plaza
  • Ample, free parking

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)
  • The Appraisal will be distributed to qualified purchasers
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • 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.