Ref# 5208
Southwestern Ontario
ROI Corporation is pleased to present this opportunity, which is an ideal option for an associate who has been working for a few years and is now seeking to establish their own practice. Our clients are looking to sell to allow for the successor to take the practice to new heights. As multi-practice owners, they are looking to invest more time in their other clinics.
Located in a vibrant community, the practice was built in 2017. Patients are treated in an attractive and well-organized ~1,100 square foot facility that houses three fully equipped, spacious operatories. A favourable lease is in place with affordable rates as well as an exclusivity clause for the plaza. No demolition clause is present in the lease, which helps ensure the practice’s longevity in the community.
Our clients have done an extraordinary job to ensure strong foundational values of patient care and business operations are at the forefront of this business. As multi-practice owners, they have developed excellent business plans allowing their practices to thrive individually. They have made the conscious decision not to share patients between any locations, this is in part due to the distance between them.
This modern office that is fully digital and offering 3D scanning, is largely a restorative practice, making it easy for most buyers to experience a smooth transition. The preventative codes account for approximately 25% to 30% of annual production.
With great visibility in a busy plaza, our clients have worked diligently to ensure the practice has over 700 5-star Google ratings and is the recipient of the Top Choice Community Award in 2024.
Of the 5 days that the clinic is open, our clients work less than 15 hours per week total.
Highlights of this Practice Include:
- ~1,500 active patients in the past 12 months
- Approx. 50-60 new patients per month
- 25+ monthly outbound referrals for procedures such as ortho, perio, surgery, implants
- 5-10 emergencies monthly
- Assignment practice with excellent collection policy
- CDCP accepted but no social service patients
- All charts and x-rays are digital using Tracker Software
- Opportunity for expansion of hours (No evening hours and Thursdays are admin hours only)
- 75% of patients have insurance
- Exclusivity and no demotion clause in the lease with 2×5 renewals
Additional Purchaser/Advisor Information:
- A Practice Profile and Virtual Tour of the Practice will be provided within 48 hours of your request
- A confidential Open (by appointment only)
- The Appraisal will be distributed only to those who have completed a ROI Confidentiality Agreement
- Offers are due on or before Tuesday, April 22, 2025, at 5:00 pm
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review