Listing Status: Updated

5072

Date Posted: 2024/08/21

Muskoka/Algonquin Region – Updated Appraisal

A premium practice in a premium town in the Muskoka/Algonquin district. Live the lifestyle you always wanted in beautiful cottage country. The town offers the perfect blend of business, cultural, and recreational opportunities and is only two hours from Toronto, with good transportation routes by bus, train, and automobile. No weekend or evening business hours are necessary here.

The practice was started in 1998 but has been under the current ownership since 2020. Under the guidance of the current owner, the practice has grown steadily, seeing an average of 20 new patients per month. This is a family practice situated ground floor in a stand-alone building, with ample free parking. The fully renovated practice is warm and inviting and contains 4 operatories plus a Pan in approximately 1,300 sq. ft. Numerous updates have been recently completed. The building is not for sale, but a long-term lease can be negotiated at a very reasonable rent with no demolition clause.

While the practice is currently associate run, it is ideally suited for a hands-on owner who will enjoy the benefits of a generous cash flow. The practice is fully staffed with two FT front desk persons, one FT assistant, one FT hygienist, and one PT hygienist. The associate and hygienists are on written agreements. This is primarily a restorative practice with some procedures referred out, such as endos, implants, and dentures. Other features of this practice include:

  • Annual production 2023 ~$1M
  • Cash earnings $346K (before dentist compensation)
  • 5 ½ days of hygiene per week
  • 1500 patients attend the practice
  • Low A/R
  • Dentrix software

This is an ideal opportunity for a hands-on dentist who is looking for an inviting lifestyle combined with lucrative employment in a vibrant, growing community not far from Toronto. The terms of this sale are as follows:

  • A profile of the practice will be provided to interested candidates who have completed a ROI Corporation confidentiality agreement
  • Those who are interested in registering for an appointment to see the practice will be provided the general location
  • An Open, by appointment
  • An appraisal of the practice will be provided 2 days after the open to those who presented for a showing, Sunday, September 10th
  • Offers will be due no later than Friday, September 20th
  • The preferred closing date is November 15, 2024

For more information, or to book an appointment to see the practice on September 8th, please contact Bill Alton, Sales Representative.

5120

Date Posted: 2024/07/26

REF# 5102 – previously listed as REF# 4925

Motivated Vendor. An additional $100,000K price reduction after a previous $105,000.00 Price Reduction.

ROI Corporation is excited to bring this well-established, beautifully appointed, 4–operatory practice located close to the business district to market. Established in 1985 and fully renovated in 2014, this free-standing residential/commercial building provides natural lighting to almost every room, generous parking, and ample space to grow!

The vendor values early retirement more than maximizing sale value. All reasonable offers will be considered. The vendor is willing to associate for a period of time.

The hygiene department is growing, with the hiring of a fourth hygienist just six months ago. With ~27 new patients a month, this practice will appeal to young practitioners wanting to establish themselves in a beautiful and safe community, large city practitioners looking for a quieter community, or Investor Dentist ™ wishing to grow their portfolio

This area of Nova Scotia will appeal to the outdoors person, with forests, lakes, rivers, white sand beaches, and the ocean at their fingertips.

The vendor will consider the sale of the real estate at the time of sale or an option at a future date.

Highlights of this practice include:

  • 2,000 sq. ft. Ground floor in a central location
  • Long-term lease available to purchaser or option to purchase
  • Opportunity to expand
  • More parking than required
  • ~5,500 patients in last 12 months
  • Growing hygiene department
  • Currently no evening or weekend hours. However, there is an opportunity to extend hours
  • Low A/R
  • 99% 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
  • The Appraisal will be distributed to qualified parties
  • 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 Andrew Bryson, Sales Representative.

5114

Date Posted: 2024/07/15

North Toronto – Updated Appraisal – previously listed as reference #4937

Real Property Appraised Value: $2,200,000

Real Property Asking Price: $2,200,000

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, 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
  • Phenomenal real estate opportunity
  • Well-managed Accounts Receivable, managed well below industry average
  • Opportunity to purchase the property and be your own landlord

Additional Purchaser/Advisor Information:

  • A practice profile will be available to qualified purchasers requesting information
  • 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 additional information, please contact Nicholas Boyle, Sales Representative and/or Alexis Sweetnam, Sales Representative.

 

5111

Date Posted: 2024/07/11

Edmonton – Reduced Asking Price – previously listed at $1,340,020 – now asking $1,200,000

ROI Corporation is delighted to present a flourishing small animal hospital in an excellent locale. Located in a prominent retail plaza adjacent to a major thoroughfare, both established and developing neighbourhoods surround.

The practice was originally built in the brand-new plaza for an emergency clinic in 2014. Our client purchased the startup in 2015. The 1,690 sq. ft. space includes a welcoming reception, 2 exam rooms, a treatment prep room, a surgery suite, an X-ray room, a cozy staff room, a washroom, and 2 reserved covered parking spaces for staff.

On average, the practice sees 166 new patients a month and has treated approximately 20,000 patients in the last 21/4 years.

This is a superb opportunity to take over a high-grossing practice in an excellent location.

Highlights of this practice include:

  • 2 FT receptionists, 2 Technicians – 1 PT / 1 FT
  • Many services referred out which could be done in-house
  • Ample, free parking
  • High visibility and next door to a pet store

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 24 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • The Appraisal will be distributed to qualified buyers
  • Appointments to view the practice will be available on an individual basis
  • Offers will be presented to our client as received
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

 

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

 

5041

Date Posted: 2024/07/06

East GTA – Reduced Asking Price

ROI Corporation is excited to present you with this golden opportunity: ownership of a long-standing dental practice in the heart of a busy city in the east Greater Toronto Area. With the acquisition of this practice, you will be seizing your chance to build on a legacy of exceptional oral healthcare and continue to make a lasting impact on the community.

Located in the region of Durham, this city is known for its diverse geography, including lakefront areas, conservation areas, greenspaces, rural landscapes, and suburban neighbourhoods. The economy of this city is diverse, and it has seen growth in recent years attracting new residents and businesses.

Centrally located, it is situated on the second floor of a medical building and houses 4 fully equipped operatories in ~1,000 square feet. With this practice you will enjoy main street visibility and an established presence in a high-density residential area.

Empowered by a close-knit team of skilled and devoted professionals, our client has continued to cultivate a steadfast and diverse patient community over the course of a decade. This enduring commitment is a testament to their unwavering dedication to meeting the individual dental needs of every individual who enters their practice.

Highlights of this practice include:

  • Established in the 1980’s
  • Recently renewed, stable lease that includes the right of first refusal and has NO DEMOLITION CLAUSE!
  • 10-12 new patients per month
  • Hygiene is ~45% of revenue
  • Open 4.5 days per week

Additional Purchaser/Advisor Information:

  • A practice Profile will be provided within 48 hours of your request
  • Confidential Open by appointment Only
  • 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.

 

5093

Date Posted: 2024/06/03

City of Ottawa – west-end

Revised Asking Price – $799,000 or best offer.

Vendor is motivated to transition to retirement – Previously listed as Ref# 4912

It is highly unusual to offer a practice that has been owned and operated by the original owner for over 30 years. This general practice has grown steadily over the years and the owner is proud to be providing care to multiple generations of patients.

The dentist owner and one associate provide all the patient care, including preventive treatment. Most specialty procedures, including molar endodontics, 3rd molar extractions, periodontics, and orthodontics, are referred outside the practice. This limited scope of services represents a tremendous upside for a new owner.  Depending on the preference of the buyer, these services can be successfully integrated into the practice and offer a substantial opportunity to increase revenue.

Almost one-half of the revenue is derived from preventive services, which has proven to be a profitable model. As of year-end July 2023, the practice increased revenue by $80,000, over the previous year. This year the practice is on track to increase revenue again by an additional $26,000.

The practice does not accept assignment of benefits, except for a few long-standing patients. Accounts Receivable are extremely low, at less than $2,000.00.

The practice is located on the first floor of a small professional building on a busy street with access to public transit, including the new LRT station, and ample free parking. It is within walking distance of a large mall with grocery, restaurants and a variety of commercial services. It is close to Ottawa’s largest community college which offers an additional opportunity to increase the patient base.

It is of note that there is a new premise lease in place with an extension until 2039. This includes the removal of a previous demolition clause.

Currently, the practice has 3 operatories with a plumbed area for a 4th operatory. The office has digital radiography, but no panorex.

The Vendor is available to work in the practice for at least one year, on a part-time basis to ensure the patients a successful transition.

HIGHLIGHTS OF THE PRACTICE

  • One owner for 30 years
  • Most specialty procedures referred
  • Non-Assignment – Accounts Receivable exceptionally low
  • The owner will work in practice for at least one year.
  • Proximity to a large strip mall with grocery anchor and Ottawa’s largest community college.
  • Attractive premise lease with no demolition clause

KEY TIMELINES

  • Practice Profile and complete Appraisal are available now
  • Confidential Practice visits by appointment
  • Offers will be presented as submitted
  • ROI Corporation will prepare all offers on our standard template. 10% deposit is required upon acceptance of the offer.

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

5092

Date Posted: 2024/05/30

Updated Appraisal with Asking Price revised to $865,000

Calgary

ROI Corporation is proud to present this excellent opportunity for a new owner.  This sale structure will be an asset sale, which is far more advantageous to a purchaser than a share sale would be from a tax perspective.

Our vendors purchased this practice in 2012.  Over the years, it became associate driven but now truly lends itself to a owner-operator. The clinic itself has been established for over 40 years.

At just over 2,000 square feet, this well-designed office is in a major 21-storey commercial/retail building.  The current lease ends in 2039 providing a new owner with 15 years of term and renewals.   The building itself has undergone incredible renovations creating brand new amenities, a bright open lobby, new conference center, as well as a modern tenant lounge and patio.   Investments of this magnitude clearly demonstrates a landlord’s commitment to the continued and future operations of the building and its tenants.

The building is made up of various health professionals, fitness facility, retailers, food vendors and 3 other dental offices.  The practice draws 15 new patients monthly with very minimal advertising.  The demographics of the office consist of patients who are primarily between 25 and 60 years of age.  This is an assignment office where patients have excellent insurance coverage.  The practice has a strong collection policy, and co-payments are collected.

Currently, the clinic is open Tuesdays, Wednesdays and Thursdays.   With the office closed Mondays and Fridays and no appointments past 4pm, there is plenty of opportunity to expand and grow.  A Recall Max report has identified $160,000+ of unscheduled appointments from the past 12 months.  The practice offers bread and butter dentistry.  There is 1 primary associate, with a second who attends on occasion, as well as 1 hygienist, 1 assistant and 1 receptionist.  A new owner will take this clinic to the next level with a good marketing plan and being available to expand hours.  Currently billing over $400k per year with approximately 425 active patients in the last 24 months.  These critical factors provide the new owner with an excellent foundation for future success.

Highlights of this facility include:

  • No demolition clause
  • 5 fully equipped operatories with Sirona and Pelton Crane chairs and delivery units
  • Manager office, Private office, and Staff room
  • Assignment with excellent collection policy
  • Dentrix software and Recall Max
  • Setup is fully digital (charting & x-rays)

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • Individual visits to the Practice will be arranged
  • Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 5-10% 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 Walker, Sales Representative.

 

5089

Date Posted: 2024/05/29

Southeast of Edmonton – Updated – Originally asking $999,000 – now reduced to $599,999

ROI Corporation is pleased to offer two rural clinics in Alberta for the price of one!

Due to the owner’s commitment to Edmonton-based businesses, each practice only operates one day a week. There is ample room to grow this production. Our client is motivated to sell by asking over $500,000 less than the appraised value. The towns are 50 kilometers away from each other. Purchase the buildings in their excellent main street locations and BE YOUR OWN LANDLORD! The buildings for both locations are available for sale. The owner is asking for the building’s appraised value for each.

Location A:

Currently open on Mondays from 9 to 4. This dental practice opened in 1980 and was renovated in 2016 and 2022. Five fully equipped ops encompassing approximately 2,800 sq. ft., 1,920 sq. ft is on the main level, and ~850 sq. ft. is the fully developed basement.

Location B:

Currently open on Tuesdays from 9 to 4.  This dental practice opened in 1981 and was renovated in 2016 and 2022. Three fully equipped ops within 1,236 sq. ft.

An astounding amount of treatment is referred out by both clinics, which the purchaser may be able to pick up. The hygiene is currently provided by the dentist and RDA (with a hygiene module).

The owner is selling in order to better balance family life and business commitments. This is an exceptional opportunity you won’t want to miss!

Highlights of this practice include:

  • Outstanding location and reputation in each community
  • Opportunity to own the buildings
  • Comfortable space for patients and staff
  • Healthy patient base, despite lack of dentist hours
  • Fully digital charting 

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 24 hours of your request
  • The Appraisal 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, or to book a showing, please contact Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.

5065

Date Posted: 2024/04/29

Denture Clinic – Dauphin, Manitoba – Originally Asking $650,00 for Practice and $200,00 for Real Property.

Now, Reduced Asking Price – Practice and Real Property –  $650,000.

Our client has decided to retire and is looking for a dedicated individual to take over their successful practice. With a history dating back to 1976, the vendor has built this practice from the ground up and has taken immense pride in its ownership since day one.

Boasting 2050 sq. ft. of space, this fully equipped facility is truly stunning. Recently renovated in 2021, the practice includes 2 operatories, 2 lab areas with 6 workstations and a lathe at almost every station, a Filimanfredi hydraulic press, a separate sterilization area, and a private office. The denturist and technician work 5 days a week, seeing an average of 13–15 patients per day, with at least five new patients daily. These patients come from various sources, such as word of mouth and referrals from nearby dental clinics, making this a busy and in-demand practice.

With over 40 years of goodwill, this practice holds significant value and offers the opportunity to learn from the vast knowledge and experience of the current vendor. Serving a population of over 8700 and surrounding areas, this is the only denture clinic in Dauphin, making it a valuable asset in the community. As the new owner, you will have the chance to continue the mission of the current vendor, which is to ensure patient satisfaction and maintain a professional, clean, and sanitized environment in the office.

Furthermore, this practice comes with the added advantage of owning the real estate. With some renovations and tender loving care, the top two units can be rented out for additional income, and the basement provides ample storage space. This is a fantastic opportunity for someone looking to own their own business and have the potential for extra income.

Are you ready to take on this thriving practice and continue its legacy? Don’t miss out on the chance to own a successful practice with a strong reputation and a loyal patient base.

Highlights of this practice include:

  • Spacious comfortable office, very clean, with 2 separate lab areas with 6 stations
  • Ample of free parking
  • Opportunity to advance and digitize
  • Notably low expenses

Additional Purchaser/Advisor Information:

  • A Practice Profile will be available upon request
  • A Confidential Showing by appointment only
  • Offers will be presented as submitted
  • 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 Reema Singla, Sales Representative.

5058

Date Posted: 2024/04/05

Grey County – Updated information has been provided allowing us to revise the Appraisal and Asking Price

ROI Corporation is pleased to provide an opportunity for a first-time owner who wishes to build a strong financial future for themselves.

This practice is a little over 2 hours north of the GTA.  The building is also for sale. The upstairs can easily be converted into a beautiful apartment for the owner (or associates) to stay while working in the office.  Even if a buyer wishes to remain living in the GTA, this is an incredible practice to arrive at on Monday mornings by 10am and head back Thursday evening.   Treat the GTA as your cottage!

This is an asset sale which is hugely beneficial to a new owner.    Our client is selling to relocate to Florida.  An excellent transition consisting of patient introductions, business networking and most importantly practice management systems for success will be provided in detail.

Benefits For A New Owner:

  • Practice value represents 4x EBITDA
  • Excellent community reputation; the clinic has been established for almost 50 years
  • Work life balance – current schedule has dentist working 32 hours/week and only Monday to Thursday.
  • After 100% financing, new owner can pay themselves as an Associate and still have ~$135K without changing anything in the practice
  • Revenue can easily increase by simply extending hours
  • 287 homes are currently under construction and an additional 300+ new condos, townhouses and homes will be built less than 5km. This represents at least 1000 new patients for this office.

Highlights of this practice:

  • 5 operatories with room for a 6th spanning 1,600 square feet
  • No Fridays or Saturdays
  • Bread and butter dentistry – easily duplicated
  • Excellent collection policy with low receivables
  • Assignment with most patients having excellent coverage
  • Practice also happily accepts social service and CDCP. Associates may not like treating these patients but for an owner, these can be profitable.  Our client uses these programs very effectively and will teach the new owner how to effectively utilize.
  • Own the real estate

Next Steps:

  • Interested parties are invited to attend a webinar scheduled for Sunday, September 8th at 7pm
  • Click here to register for the Webinar!
  • Offers will be presented as received
  • 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 Walker, Sales Representative.