Listing Status: Sold

4870

Simcoe County, Ontario

ROI Corporation is proud to present a well-established and efficiently run general family practice, complete with a loyal patient base and dedicated team.

This 4-operatory practice is situated in a 4-story professional building in a bustling area of one of Canada’s fastest-growing cities. Long-term growth is assured by continued net inward migration and numerous residential developments in close proximity, including a 623-unit condominium building across the street.

The practice boasts a remarkable legacy of patient loyalty, with the original patient base dating back to the 1970s. The steady growth the practice has experienced is a direct result of consistent word-of-mouth referrals driven by a patient base who appreciate a service-oriented team, exceptional care and a warm, inviting atmosphere.

As of the end of June 2023, our client has relocated out of the province in support of family endeavors. The practice has continued to demonstrate consistency and stability throughout the transition as two very capable associates have seamlessly taken over the majority of patient care while the owner continues to attend the practice one Saturday per month.

Key highlights of this practice include:

  • A confident and dedicated team of employees with written contracts in place
  • A secure lease with a competitive rate and no demolition clause, offering renewal options until 2043
  • Four operatories with stunning views, basking in natural sunlight
  • State-of-the-art technology, including a CBCT machine, intra-oral scanner, and fully digitized records
  • 1,376 patients have attended the practice in the past 12 months
  • An excellent hygiene program contributes to approximately 32% of gross income
  • An average of 36 patients are referred out each month for additional services, offering a new owner the opportunity for immediate growth by keeping these services in-house
  • Superior cash earnings of approximately 48% of gross income

Additional Information for Purchasers/Advisors:

  • A Practice Profile will be provided within 48 hours of request
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed to qualified candidates who have completed the ROI Corporation confidentiality agreement
  • 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 Alexis Sweetnam, Sales Representative.

5070

Vaughan

Don’t miss out on this exceptional opportunity to own a successful dental practice in the heart of Vaughan! Take the next step towards entrepreneurial success today.

ROI Corporation is excited to present this exceptional dental practice to the market. This practice has been serving the community since 2006 and has established a reputation for providing exceptional dental care to its patients.

Unlock the potential for success with this chance to own a dental practice strategically located in a bustling retail plaza. Situated for optimal accessibility, Vaughan provides seamless commuting with its proximity to major highways, including Highway 400 and Highway 407.

The office has 1,400 sq. ft with 4 fully equipped ops, sterilization area, laboratory, x-ray area, business office, private office, and staff room providing a great flow and spacious operatories.

Currently, the office operates for just three days a week. However, even with this limited schedule, the practice has successfully served 519 patients over the past 12 months, welcoming an average of 11 new patients each month. With a solid foundation in place, there’s immense potential for growth and expansion. Paving the way for significant growth and expansion. By integrating a robust hygiene program, keeping referrals in-house, and extending operating days, the practice can unlock limitless potential for success.

Practice Highlights:

  • Abeldent current version
  • Digital Imaging
  • Panorex
  • Ground floor store-front premise
  • A long-term lease will be negotiated with our client
  • Currently operating under limited hours
  • Ample, free parking for staff and patients
  • 85% of patients speak English

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • 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
  • Our vendor is looking to close this practice sale before the end of this calendar year

For more information or to schedule an appointment, please contact Bev Taylor, Sales Representative.

 

5080

Burlington – Updated –  Wellness Clinic is now also available for sale to interested parties

ROI Corporation is excited to bring to market this thriving, semi-specialty practice located in a charming three-story converted house in one of the most sought-after areas of the western Greater Toronto Area.

Since opening in 2021, this practice has experienced a steady month-over-month revenue increase and continues to do so during its transition to being heavily associate-driven. The associates have seen most patients since July and are expected to carry on in this capacity.

A standout feature of this practice is its specialization in treating “tongue-tie” (ankyloglossia) through frenectomies. The associates, who are all under long-term contracts, have been trained over the course of months by the owner and can continue to provide these services in the same manner post-close. This specialization allows for a large number of patient referrals, generating over 100 new consultations each month. It is not unusual for the families associated with these referred infants to become patients of the practice. The ability to offer this valuable service enhances patient care and strengthens relationships with referring practitioners in the community, making it a guaranteed revenue stream for the practice.

The facility features 4 well-equipped operatories, a panoramic x-ray, a private office, staff room, and laboratory with washer and dryer facilities. There is ample free parking for staff and patients, along with a prominent free-standing sign enhancing visibility. The dedicated dental team includes 2 associates, a hygienist, 2 assistants, 2 receptionists, and an office manager, all under written contracts.

Our client is looking for the right fit and would be happy to stay on for a number of months to assist with the transition. Teaching the necessary skills for this specialty and introducing them to her established referral network will ensure a seamless transition of ownership.

PRACTICE HIGHLIGHTS

  • ~2,373 registered patients, 20-25 patients seen daily
  • High dental IQ patients looking for comprehensive care with a holistic approach
  • ~95% of patients are insured
  • Open 5 days per week
  • Solid referral network that was built over 5.5 years; they come in without advertising
  • The vendor owns the building so a stable, long-term lease will be provided (including the first option to purchase)
  • New families are being added weekly to the hygiene schedule

WELLNESS CENTER

In addition to the dental practice, our client co-owns the wellness center located on the upper floor, which is now also for sale. It works in tandem with the dental office but stands as its own separate entity (including having its own entrance). Operating both clinics allows the dentist to provide holistic care in a timely fashion for both the patient and the dentist.

The wellness center currently hosts:

  • Two osteopaths, operating on Mondays, Tuesdays, and Thursdays
  • Two physiotherapists, operate on Tuesdays, Thursdays, and Fridays
  • A speech-language pathologist on one Tuesday of each month
  • IBCLC’s (International Board Certified Lactation Consultants) come in on Wednesday mornings to support surgeries, allowing the dentist to care for babies while ensuring support for mothers

By managing the schedules of the independent contractors, you eliminate the need for referrals to external physiotherapy or osteopath services.

This business generates approximately $20,000 in monthly revenue. One room is sublet to a third party, generating $100 per day for each day it is used (currently one day per week), bringing in an additional $400-$500 per month.

More detailed information is available to interested parties that attend the Open.

Additional Purchaser/Advisor Information:

  • A practice Profile will be provided within 48 hours of your request
  • The full Appraisal will be available following the Open
  • 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.

5148

Airdrie

ROI Corporation is delighted to offer this turn-key practice situated in a major retail plaza in the highly desirable city of Airdrie. The ~2,700 sq. ft. facility was built in 2018 as a satellite practice for the original owner. Our client purchased this practice from the founder in October 2022. The space is modern, well-designed, and comfortable for patients and staff.  Professionally designed, the footprint is home to 4 well-equipped operatories but plumbed for 9, including an enclosed surgery opt. The owner has recently added a brand new Hiossen T2 Plus CBCT, the latest in the Hiossen lineup.

Our client purchased the practice with little to no charts and has been working to sustain this and another clinic hours away while caring for family dealing with health issues. Still, they have managed to build the patient base to a respectable level.

The foundation of a highly successful practice is already established. Creating a clinic in such a prime location would be expensive, time-consuming, and challenging to duplicate. With a top-tier location, strong branding, and a well-designed facility, this practice is set for success. The area is thriving, with many young families, making it an ideal opportunity for an owner-operator to step in, establish their presence, and grow alongside the community.

Highlights of this practice include:

  • Excellent location, signage, and exposure
  • Loads of ample, free parking
  • Fully digital, utilizing Oryx software
  • A reasonable lease includes the first option to purchase the building.
  • 2,690 sq. ft. Plumbed for 9 opts, 4 completely equipped
  • 2 Washrooms
  • Negligible A/R
  • This is an ASSET SALE

Additional Purchaser/Advisor Information:

  • The Practice Profile will be distributed to interested buyers who have completed a ROI Corporation Confidentiality Agreement within 24 hours of request
  • 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.

4885

North York

ROI Corporation is honored to present this general dental practice to the market. This practice is perfectly located in a dense area of Toronto (North York) next to a central subway line and surrounded by an abundant amount of condominiums, homes, restaurants and government buildings. This practice is situated in the center of everything that attracts a vast amount of people to the area.

Built in 2016, the practice benefits organically from the advantageous location and has easily obtained roughly 650 active patients. With the right motivated owner, there is vast potential to grow the practice even further with more effort and dedication.

The practice enjoys a spacious 1,885 of square footage, which houses five fully equipped attractive operatories. Clinical records, charts and X-Rays are stored digitally. As an associate only run practice, the practice produces roughly $400,000 in annual revenue and 42% of the production is derived from preventative care. The revenue has been consistent year over year. However, this practice is primed to leap into even higher production with the right ambitious owner.

The advantageous lease is noteworthy as it offers long-term tenure until 2035, including renewals, no demolition clause and dental exclusivity for the property in this highly desirable location.

The current owner does not work at this location but does own multiple locations throughout Toronto and unfortunately, their time and duties are spread thin. Therefore, the client has decided to shed this practice from their portfolio to focus on other locations. This is a buyer friendly asset sale.

Highlights Include:

  • Great starting base of roughly 650 active patients
  • Buyer friendly asset sale
  • Five fully equipped operatories in an 1,885 Sq Ft facility
  • Hygiene codes represent 42% of production
  • Opportunity to expand hours and days of operation
  • Exceptional lease with no demolition clause and dental exclusivity of the property

Additional Purchaser/Advisor Information:

  • A practice profile will be available upon request
  • An open will be held (by appointment only)
  • 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.

5140

Mississauga

ROI Corporation proudly presents a beautifully built and growing general practice in Mississauga, Ontario.

Family pursuits have motivated our clients to relocate their lives to the United States and transition ownership of this practice to a new dentist.

Generating an average monthly production of more than $46,900, this practice has seen consistent year-over-year growth while continuing to expand the primarily non-assignment patient base.

Located on a main arterial road in Mississauga and situated on the ground floor of a bustling retail plaza, this practice enjoys ample free parking and excellent exposure.

Spanning 1,985 sq. ft., this facility is home to 4 fully equipped operatories with plumbing for a 5th, a modern sterilization area, private offices and more. All x-rays are digital, including a newly purchased panorex with Ceph. The office utilizes the Logictech Paradigm practice management software.

Circumstances have created an excellent opportunity to purchase a developing practice located in a highly desirable area of Mississauga that is posed for continued growth.

This practice is priced to move quickly. Act now to seize this opportunity.

Highlights of this practice include:

  • Vendor’s willing to transition
  • 20% year-over-year growth
  • 32% of revenue generated by the hygiene program
  • Secure lease with renewal options until 2035 and no demolition clause.
  • All employees on written contracts
  • Exclusivity in the plaza
  • Accounts Receivables are managed well below the industry average.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • The appraisal and complete virtual tour will be released 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 an appointment, please contact Nicholas Boyle, Sales Representative.

 

 

5128

North GTA 

ROI Corporation proudly presents an exceptional opportunity to purchase a conscientious and well-run family practice. This clinic has been in the community for over 30 years. This opportunity is perfect for all purchaser profiles – owner operator(s) and Investor Dentists™ alike.

Our client has decided to sell to focus on their young family. A robust  transition will be assisted by the vendor to ensure that the new owner is successful.

The office has been in this  location (a busy, retail plaza) since the early 2000s. Situated in a highly visible unit. This 1,700 sq. ft. facility boasts five operatories (all with digital radiography), plus well-equipped sterilization and laboratory areas.

The dental office has an exceptional hygiene program, accounting for 41% of total production. Approximately fifteen total outbound referrals are made monthly including orthodontic, endodontic, and oral surgery. The traditional hours reflect a well-established owner totaling thirty-five dental hours and sixty hygiene hours per week. A new owner will experience continued growth for many years to come.

The patients are a mix of ages and cultural backgrounds, and the majority live or work in the area. It is an assignment office, with most patients having comprehensive insurance.

The premise lease currently has term  until 2042. The office has exclusivity in the plaza. The lease  has a termination clause that was  deferred when the current owner took over.  The landlord has confirmed that there are no plans for demolition and therefore, we expect the same postponement to be provided for new owner.

Highlights of this practice include:

  • High density/growth area
  • The hygiene program generates over 40% of gross billings and booked ahead 8 weeks
  • 1,800 active patients
  • Five well equipped operatories
  • 15+ monthly referrals for orthodontic, endodontic, and oral surgery procedures
  • ~ 15-20 new patients per month
  • Room to extend hours
  • High visibility, ground level, busy plaza on a major highway
  • High traffic established neighbourhood with a strong mix of residential, retail, industrial and commercial economic activity

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

5119

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. 

 

 

 

5109

Vaughan

This long-established family practice is located in the Woodbridge area of Vaughan. Built in 1983 by the current owner, the practice sits in the heart of a residential area. The building is owned by a religious order with whom the dentist has an excellent relationship. So much so that there is currently no lease in place. For 40 years, they have simply agreed on an annual rent and have never encountered any problem. The landlord understands these are different times and is open to establishing a long-term lease with a new dentist.

The practice is relatively small, only 890 sq. ft. with 3 operatories plus a Pan. Also, keep in mind that it is an older practice, functional but not glamorous. For a buyer interested in expanding the practice, vacant space is available in the building adjacent to the practice that could be subject to negotiation. With such a long tenure in the same location, the practice has approximately 3,000 registered patients, and no advertising is necessary.

The practice is established but not out of date. The owner is experienced with many procedures, so this is more than just a basic restorative practice. It operates 5 days per week, and an office manager is employed to handle the patient flow. Additionally, there is a receptionist, an assistant, and 2 hygienists.

The owner would like to continue as an associate for 3 days per week following closing. This is ideal for maintaining stability in the practice and still leaves ample chair time for a new owner or associate. Other highlights of this practice include:

  • Production was approximately $700,000 in 2023
  • There are 5 days of hygiene, which accounts for 25% of the total production
  • Practice management software is Abeldent
  • A Trios intra-oral scanner is in use

The terms of this sale are as follows:

  1. A profile of the practice will be provided to qualified purchasers who have completed the ROI Corporation confidentiality agreement.
  2. An Open, by appointment
  3. The full appraisal will be provided

For more information, or to book an appointment to see the practice on Sunday, July 14th, contact Bill Alton, 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