Listing Status: Updated

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.

5023

St. Johns, NL – Increased Production by more than 10%! – Previously listed as Ref# 4914

This motivated dentist has increased production by more than 10 % in the past 12 months but has not increased the asking price!

ROI Corporation is proud to bring this successful, well-established general practice opportunity to market. This five-operatory practice consists of 2 hygienists and the owner/practitioner. Located in Atlantic Canada’s second-largest city and the capital of Newfoundland with all the amenities of city life at your doorstep. St John’s is a vibrant cosmopolitan city with a thriving arts scene, wonderful attractions, and an inviting lifestyle. As the province’s hub of economic activity (e.g. service industry, finance, manufacturing, retail, etc.), St. John’s is home to much of the province’s public sector, a large university and numerous colleges, and is a support center for the eastern Canadian offshore oil & gas industry. Over 85% of the population are white collar with a 6% higher-than-average annual income from the rest of Canada. As the new practice owner, you will have the opportunity to secure a long-term premise lease as the vendor owns the building.

This listing will appeal to both the Investor Dentist™ or the hands-on owner.

Highlights of this practice include:

  • 5 ops allowing room for an associate.
  • High-traffic central location with ample pay parking in commercial area.
  • ~2,000 sq. ft. that is wheelchair accessible (extra ~1,000 storage).
  • Long-term lease is available to the purchaser.
  • Significant amount of crown, bridge, and endodontic treatments.
  • Hygiene represents 37% of gross income with a second hygienist recently hired!
  • Revenues are based on the practitioner working 43 weeks per year.
  • Digital radiography (including Pan).
  • ~ 4,000 patients seen in last 36 months.
  • ~ 99% of patients speak English.
  • Low A/R with bad debt at 0.2%.
  • No weekends or evenings: 8:30-4:30 Mon – Fri.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • The Appraisal will be distributed to pre-qualified candidates who have completed an ROI Corporation Confidentiality Agreement
  • Showings will be scheduled by appointment
  • 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, please contact Andrew Bryson, Associate for Atlantic Canada

 

5018

Sudbury – Real Property included in the Asking Price

Additional Open Scheduled March 17, 2024

ROI Corporation is honoured to bring this unique opportunity to the market in Sudbury. If you are interested in walking into a facility that is equipped to operate from day one, this is your opportunity. If you are concerned about your lease and want to have control of your premises, this is your opportunity. If you are looking for an opportunity in Northern Ontario to fulfill your destiny in a mature but underserved area of the city, this is your opportunity.

Both the building and the lot next door (currently being used for parking), as well as the dental fixtures, are to be sold.

With fantastic curb appeal, the building housed a specialty practice from 1996 and has three fully equipped operatories on the main floor. The office is spacious and has room for expansion. It is situated central to several neighbourhoods with relatively little dental competition. It has been very well maintained and upgraded. As an added bonus, there are two residential apartments upstairs to help offset finance charges.

It is on a busy thoroughfare with high visibility and very close to a significant commercial hub. Growth is certain with an intelligent marketing plan.

With banks becoming more and more restrictive about lending policies, owning your own real estate assures both peace of mind and an opportunity to build your wealth while also building a practice in a turn-key facility.

Highlights of this facility:

  • Income-producing residential apartments offset carrying costs
  • Available immediately
  • Complete control of your premises
  • Stand-alone Real Property available
  • 2,384 sq. ft.
  • high-density residential area
  • heavy pedestrian traffic store-front office
  • two washrooms in the suite
  • ample parking

Additional Purchaser/Advisor Information:

  • A Practice Highlights page will be provided within 48 hours of your request
  • A Confidential Open will be held on Sunday, March 17th, 2024
  • The Appraisal will be distributed to qualified purchasers
  • Offers will be submitted 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 Dr. Drew Markham, Sales Representative.

5012

Mississauga

This is your opportunity to own a fabulous practice in the highly desirable city of Mississauga. This family practice is located in a retail plaza in an established residential area bordering one of the city’s main streets. The practice is on the ground floor, store-front, with other tenants including MD’s and optometrists. Truly, an excellent location.

The practice was originally established in 1990 and has been under the current ownership since April 2021. It consists of 4 operatories plus a PAN, private office/consult room, private office, and staff room in approximately 1,300 sq. ft. It shows extremely well and would make any owner proud. The lease extends to 2042 (current term to 2032) and the practice enjoys exclusivity for dentistry in the plaza. Rent is approximately $5,500 per month.

In addition to the owner, there are two part-time associates and two hygienists who work 9-10 days of hygiene per week. Some, but not all, staff are on written agreements. Other highlights of this practice include:

Highlights of this practice include:

  • Annual production approx. $1.8MM
  • 1,700 active patients plus 500 semi-active patients
  • 20-30 new patients per month
  • Non-assignment
  • Digital and paperless
  • Tracker practice management software

Additional Purchaser/Advisor Information:

  • A profile of the practice can be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement

For more information or to book an appointment contact Bill Alton at bill@roicorp.com

 

4884

Oakville

ROI Corporation is pleased to bring this well-established opportunity to the market.

This Optician-owned office was started in 1985 and moved to its current address in 2005. This office will appeal to practitioners who would like to specialize in fitting complex contact lenses and provide general optometry care.

There is a strong demand for eye exams in the area.

A desirable location with luxury condominiums being built close by and an area redevelopment of new high-density residential real estate in this upscale neighbourhood.

Don’t miss this opportunity with exceptional potential for growth!

Highlights of this practice include:

  • Single-story plaza premise with an attractive lease and a 5-year renewal option.
  • Large eyewear showroom, one exam room, with room to add another exam room.
  • Ample free parking with front and rear office entrances.
  • Well-heeled demographic in the surrounding area catering to customers with disposable income.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request.
  • A Confidential practice visit is by appointment only.
  • The Complete ROI Corp. appraisal is available.
  • 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.

For more information, contact Lance Edwards, Sales Representative.

4976

Gatineau – Updated Appraisal – previously listed as Ref# 4766

ENGLISH VERSION BELOW

Êtes-vous l’acheteur prêt à devenir propriétaire mais à la recherche d’une splendide pratique dentaire de dernier cri, clé en main, en grande demande et équipée d’outils de premier rang pour effectuer des traitements variés? Voici l’occasion parfaite de le faire.

Cette clinique est située dans le coin pittoresque de Gatineau, voisine de la capitale du Canada, dont bien de ses habitants travaillent pour le gouvernement et profitent d’un régime d’assurance aisé.

Cette communauté séduit davantage les mordus du plein air 4 saisons et du bien-vivre. 28,3% des Gatinois possèdent un diplôme universitaire et le taux de bilinguisme s’élève à 63,5%.

Cette magnifique pratique de 11 ans s’est développée un achalandage fidèle et s’est installée dans son nouveau local il y a 5 ans d’où le propriétaire possède le droit exclusif d’exploiter une pratique dentaire dans l’immeuble. L’acheteur bénéficiera d’une clinique nouvellement bâtie.

La facturation visée pour l’année en cours est de $1,387M+ et sous exploitée. Le propriétaire travaille 4 jours semaine durant les heures normales de travail mais est à court de temps en raison d’obligations familiales et incapable de soutenir cette croissance exponentielle. En effet, la réputation en ligne 5 étoiles déclenche un flux de nouveaux patients constants. L’acheteur sagace pourra combler les besoins croissants de cette forte demande pour rapidement capitaliser sur les revenus intouchés.  De plus, le nombre de cas spécialisés référés en externe chaque mois est témoin du potentiel de croissance que peut réaliser davantage cette pratique.

Sa visibilité et son emplacement stratégique ayant pignon sur une artère principale et une clinique médicale avoisinante amplifient davantage le flux constant de nouveaux patients par mois.

L’environnement de travail est resplendissant et très lumineux grâce à son aménagement récent, de qualité qui a été conçu avec goût. La patientèle est agréable et 90% de ce groupe profite d’un régime d’assurance et paie ses traitements entièrement à la clinique.

Les atouts principaux de cette pratique incluent :

  • Cinq (5) salles opératoires aménagées sur ~ 3 010 pieds carrés;
  • Salle de bureau peut être convertie en 6ième salle opératoire;
  • Équipe solide de 3 hygiénistes, 4 assistantes dentaires et une réceptionniste chevronnée;
  • 87 heures d’hygiène offerts par semaine sur quatre jours;
  • Moyenne par mois de 60+ cas spécialisés sont référés en externe;
  • Dossiers patients numérisés, appareil radiologie intra-buccal par salle et pan numérique 3D;
  • Bail d’une durée de 25 ans sujette à 4 renouvellements;
  • Accès facile avec stationnement ample et sans frais.

Informations consultatives:

  • Une vidéo de la pratique et l’évaluation sont disponibles sur demande aux acheteurs sérieux et qualifiés;
  • Une visite de la clinique sera disponible sur rendez-vous;
  • La date de clôture visée est début 2024;
  • Toute offre acceptée devra être accompagnée d’un dépôt de 10% payable sous forme de chèque certifié ou traite bancaire à ‘ROI Corporation IN TRUST’.

Are you the buyer looking to own a beautiful, state-of-the-art turnkey dental practice experiencing very high patient demand and equipped with modern equipment to perform various treatments? Here is the perfect opportunity for you.

Located in picturesque Gatineau, adjacent to Canada’s capital, many members of this community work for the government and benefit from a generous insurance plan. They value the quality lifestyle and year-round outdoor activities that this area offers. 28.3% of Gatineau residents have a university degree, and 63.5% are bilingual.

This magnificent 11-year-old practice has developed a loyal patient base and moved into its new location 5 years ago, benefiting from exclusivity in the building. The buyer will profit from a quality, recently built clinic.

Targeted revenues for the current year are $1.387M+ and undervalued. Indeed, the 5-star online ratings create a steady and constant flow of new patients. The owner works 4 days a week during regular working hours and is unable to meet the exponential growth and existing demand due to family obligations. By meeting the growing needs of this sought-after practice, the able purchaser can quickly capitalize on the demand and expand revenues. In addition, the number of specialized cases currently referred out each month represents additional revenues that can be repatriated.

The practice has excellent visibility due to its strategic location on a main through-way and next door to a medical clinic, which has amplified the consistent flow of new patients. Quality furnishings and tasteful design create a beautiful, charming, and bright work environment. The patients are delightful to work with, and although 90% of them benefit from an insurance plan, they pay upfront for all treatments.

Highlights of this practice include:

  • Five (5) operatories across ~ 3 010 square feet
  • Office can be converted into a 6th operatory
  • Team of 3 hygienists, 4 dental assistants, 1 senior receptionist
  • 87 hours of hygiene per week
  • An average of 60+ specialty cases are referred out each month
  • Digital patient charts, digital x-ray per room and 3D pan
  • Premise lease spanning 25 years subject to 4 renewal periods
  • Ample, free parking available

Additional purchase/advisory information:

  • The appraisal and a video tour of the practice will be available to serious and pre-qualified purchasers.
  • A Practice visit is available by appointment only.
  • A target closing date of early 2024 is desired.
  • Any accepted offer to be followed with 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.

 

 

 

4977

MONTREAL  – updated appraisal  (was previously listed as 4886)

We are very proud to showcase this 45-year-old well-established, profitable family-oriented patient practice. With 60% of new patients referred by existing patients, the buyer will seamlessly inherit the legacy of this specialty paediatric practice with ease.

Any generalist can take over and build a healthy general practice by providing the young adults with continuity of care for years to come. In addition, the savvy buyer can increase revenues by repatriating in-house the high number of specialty cases currently referred out.

The cohesive and experienced team of employees and dentists who are dedicated to the patient’s care and well-being have made this clinic a successful and profitable practice and a wonderful work environment.

Its location is adjacent to downtown Montreal, in a highly affluent, educated, family-friendly community that values routine dental care and oral health. By being central to the greater Montreal area, it provides easy access to those in need of any paediatric treatments, close to main throughways, bus and Metro.

Highlights of this practice include:

  • 6 operatories spanning ~ 2 400 square feet of space
  • Option of adding a 7th operatory in existing space that is plumbed and wired
  • 4 hygienists provide 14 hygiene days per week
  • Over 150 speciality cases referred out each month
  • Average of 45 new patients per month
  • Approximately 3,720 recall appointments in the last 12 months
  • Very attractive weekday work schedule with no evening or weekend hours
  • More than 70% of the staff members have been with the practice for over 10 years

Additional purchase/advisory information:

  • A visit of the practice is available by appointment only.
  • The appraisal will be provided upon request to those qualified buyers.
  • 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, Sales Representative.

4975

Toronto

Year end figures are in and as a result, the value has been adjusted accordingly. The Bank of Canada announced on January 24th that interest rate would remain same. This has held steady since July 2023, and it seems that the central bank has indicated it is now more focused on when to start lowering interest rates than whether it may need to hike them again.

This is the time to buy.  This is an incredible opportunity to take an Invisalign® only business model and add hygiene and restorative dentistry to grow further. Our client has informed us that approximately 30% of the patients attending the practice do not have a general dentist.

The practice operates out of two locations.  Our client is the owner operator working 40 hours per week between the 2 locations. The properties for both locations are owned by our client and also available for sale.  A huge offering to be your own landlord in the GTA! No landlords  eliminates the worry that comes with leases, increasing rents and certainly demolition clauses.

Established in 2000, this well-branded practice has established a wonderful reputation. A dedicated team provides the highest level of care and professionalism, which can be seen in the numerous, glowing online reviews. Our client chose to build current locations in 2013 & 2014 to offer modern facilities with exceptional patient comforts and technology.

The two locations are over 10km away from each other.  Staff are shared but opportunity to grow each location is tremendous as patients are only coming for Invisalign®.

The practice has 70 new consults per month averaging about 35 Invisalign® starts per month with 40-50 patients seen per day.  The practice is non-assignment and the financial policies are very strong.

Highlights of this practice:

  • Operates out of 2 locations where only staff is shared
  • Well trained staff
  • Highly visible locations
  • 2,602 total patients attended in last 12 months
  • One location is a 2,668 sq. ft. standalone building with 4 operatories
  • One location is a 1,541 sq. ft. store front condo with 3 operatories
  • Properties are available or excellent leases will be provided

Additional Purchaser/Advisor Information:

  • An information booklet and Virtual Tour of the Practice will be given within 48 hours of your request
  • A Webinar to explore this opportunity in detail will be held on Wednesday, February 7th at 7PM
  • Offers will be presented to our vendor as received
  • An opportunity to visit the Practice will be available on Sunday, February 11th
  • The appraisal will be distributed on Monday, February 12th to those who have visited the office
  • 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.

4967

Kanata, ON – Updated Premise Lease – Demolition Clause Removed

Kanata, ON

This general practice was started by the owner in 1998. The 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 owner delivers dental care that ensures optimum oral health and is appropriate for the patients. Growing the practice through marketing or increasing specialty procedures has never been a priority.

The practice has approximately 1,200 active patients and employs 3 dental hygienists who share the 4-day work schedule (total 5 hygiene days/week). Revenue in 2023 is expected to be just over $600,000, an increase of 10% over 2022. All specialty procedures are referred. In addition, 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 free parking for vehicles.

The current premise lease runs to 2027. In September, the Vendor signed a 5-year extension to the premise lease (to 2032), which includes the removal of the prior demolition clause.

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

The patients in this practice are extremely loyal; many of whom have been coming to the office since its opening in 1998. Therefore, this is an excellent opportunity for a new owner to provide additional services and to increase revenue very quickly.

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

Highlights of this practice include:

  • Solo owned 25 years.
  • Predictable revenue year after year with steady growth.
  • No evening or weekend appointments.
  • All specialty procedures referred.
  • No assignment of benefits.
  • No demolition clause in lease.

Additional Purchaser/Advisor Information:

  • Practice Profile and complete Appraisal are available now.
  • Offers will be presented to the Vendor as received.
  • Offers prepared on ROI Share Purchase Template
  • 10% Deposit due after offer acceptance by all parties.
  • Closing early 2024 or TBD

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

4948

Gloucester, ONTurn-Key Facility – Updated Financial Information

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

The facility was built in 2021 and is currently operated as a shared dental/denture practice.  The dental practice is limited to implants and full mouth reconstruction and the denture/lab provides the laboratory and prosthetic services.

Because the current practice does not offer hygiene services, there is no goodwill component associated with this sale. However, we have decided to share some financial information to demonstrate what is possible in this location.

In the first year of operation, the practice billed $794K for the dental procedures and $417K for the denturist.  In the second year, this increased to $889K  for the dental procedures and $578K for the denture procedures.  This was accomplished through marketing (online and street sign) and both patient/professional referrals.

A new owner should not have any difficulty attracting patients to this facility.  In addition, to facilitate the sale, the purchase price of this office has been significantly discounted when compared to building a comparable facility from scratch.

The current denturist laboratory space is plumbed and wired for an additional 2 operatories. Floor plans for this layout can be shared with the new owner.

The 1653 sq. ft. facility currently has a premise lease to January 30, 2031, plus 2 five-year renewals with an option to lease adjacent space if available.

Highlights:

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

 Additional Purchaser/Advisor Information:

  • The ROI Profile and complete Appraisal are available now.
  • Signed offers will be presented as received.
  • Closing: Upon 30 days acceptance of 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.