Practices For Sale

Ref# 4924

Status: Updated

Location: Ontario

Gross Revenue: $1,146,714

Appraised Value: $1,929,010

Asking Price: $2,150,000

Cash Earnings: $441,272

Ottawa – Updated Premise Lease Information

ROI CORPORATION is pleased to offer an outstanding general practice for sale. This solo-owned practice has been building goodwill since 2008. During these years, the Owner has developed a practice that reflects a unique perspective on dental care and an environment where people want to visit.

In late 2023, our client negotiated an amendment to the premise lease. The lease now extends to August 2030 and includes two five-year renewal options, taking the lease term to 2040. Most significantly, the amended lease defers the landlord’s right to a demolition until 2029 at the very earliest.

While demolition clauses are a possibility in any lease, when present, our research indicates that many do not materialize. It is the right to demolish that landlords seek, not necessarily the act of doing so.

This location is modern and has a substantial lifespan remaining in our option thus, the likelihood of a major redevelopment is materially lowered.

When financing a practice purchase, your advisors will speak to you about landlord rights. We have provided two banks with the appraisal and the improved premise lease agreement. Both have indicated that they are interested in financing the purchase of the practice. Your individual credit rating will impact the structure and terms of financing.

The design of the office is unique, offering high, open ceilings, exposed brickwork and featuring art by local artists. There are 4 operatories, a private and manager’s offices, and a stericentre and laboratory. All patient charts and radiographs are digitalized.

This is a general practice. Two dental hygienists provide 7 days of preventive appointments, representing  37% of revenue. The Vendor works 3 days/week, and the office offers one day of evening hours, but no weekend appointments. To accommodate the demand, an associate will start working Jan. 2024.

The opportunity to grow this practice is phenomenal. The Vendor provides comprehensive dentistry, while the associate dentist will provide general procedures. A new owner can expect to be busy immediately. Furthermore, most endodontics, periodontics, oral surgery, and orthodontics are referred out of practice.

Since rebounding from COVID, the practice increased revenue by 18% in 2021 and by a further 20% to 1.15M in 2022. Revenue is on a similar track for 2023.   Net earnings to the Owner are extremely attractive at 38%. The practice does not accept assignment.

The Owner wishes to continue working with the practice post-sale.

Highlights of this practice include:

  • Beautiful, artistic décor
  • 4 – ADEC equipped operatories
  • Staff on contract
  • Exceptional opportunity for growth: Most endodontics, Periodontics, Surgery and Orthodontics referred.
  • Premise Lease including extensions to August 2040. Demo Clause deferred until 2029
  • Does not accept assignment

Additional Purchaser/Advisor Information:

  • The practice profile is available now and video are available now
  • Confidential practice visits by appointment
  • Signed offers presented upon receipt
  • Offers prepared on ROI Share Purchase Template for Buyers Review
  • Accepted Offers require a 10% deposit within 2 business days after acceptance
  • Closing early 2024.


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

Request more details for this listing

In order to get more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

Request More Information on this listing
I would like to receive future messages about special offers, news and event information