Ref# 5396
Southwestern Ontario
ROI Corporation is pleased to bring this high-potential, 2-operatory family dental practice to market. Conveniently situated in a bustling, high-traffic central plaza anchored by a variety of reputable AAA tenants, this practice is built on a foundation of personalized care, modern treatment options, and an exceptional patient-first experience.
Currently operating with 2 fully equipped operatories, the practice runs on a unique schedule where the doctor attends 3 weeks per month, with no Mondays and occasional Saturdays, (spending alternate weeks at another practice), while staff maintain reduced operational hours during off-weeks. Combined with substantial outbound referrals, this setup offers an exceptional turnkey opportunity for a first-time owner to step into ownership with a low debt load, learn the ins and outs of running a practice, and tap into tremendous, unrealized potential.
Highlights of this practice include:
- Practice Philosophy: Patient-centered model dedicated to modern, personalized care, high clinical standards, and a comfortable, choice-driven experience.
- Practice Schedule: Doctor attends 3 weeks per month, with no Mondays and occasional Saturdays, focusing on preventive and restorative care.
- Turnkey Facility: Purchased in 2019, the practice is equipped with a panoramic X-ray unit and features a private entrance for doctor and staff.
- Facility & Layout: Efficient 870 sq. ft. layout featuring 2 fully equipped operatories.
- Technology: Fully digital practice utilizing Open Dental software.
- Patient Base: 305 active patients attended the practice in the last 12 months, with 90% insured coverage.
- Prime Location & Access: High-visibility plaza with free, ample parking and continuous daily foot traffic driven by AAA anchor tenants. An adjacent residential apartment building offers direct access to the plaza, and 4 schools are located in the immediate area, providing a steady stream of local family traffic.
Lease Overview
- Long-Term Security: A strong 7-year current term running from April 1, 2024 to March 31, 2031, with a 5-year extension option securing the practice through March 31, 2036 (requires 6 months’ notice).
- Guaranteed Market Exclusivity: Exclusive use covenant protecting your market share—the Landlord is restricted from leasing space in the shopping centre to any other general dentist.
- Uncompromised Stability in Primary Term: Uninterrupted operations throughout the full 7-year initial term through 2031. Landlord relocation or redevelopment rights are restricted strictly to the secondary extension term (post-2031).
- Space Continuity Safeguards: If relocation or redevelopment occurs during the extension term, lease terms guarantee a full 6 months’ advance written notice and ensure any substitute premises remain comparable in size within the same shopping centre.
- Smooth Transferability: Assignment permitted with Landlord consent, which cannot be unreasonably withheld.
Immediate Upside & Ownership Potential
This listing is an ideal entry point for a first-time buyer seeking manageable overhead and a minimal debt load while gaining valuable ownership experience. Due to family commitments and time divided across practices, the current owner has maintained limited hours, leaving significant potential that has not yet been tapped into. Key growth drivers include:
- Hygiene Program Expansion: Implementing a dedicated, structured dental hygiene program to capture recurring recall revenue and boost patient retention across the 4 nearby schools and residential neighborhood.
- Full-Time Schedule: Expanding doctor and hygiene availability to a full 4–5 day week.
- In-Housing Specialty Care: Retaining endodontic, oral surgery, orthodontics, pediatrics and periodontal procedures currently sent out as referrals.
Additional Purchaser/Advisor Information:
- Practice Profile: Available within 48 hours of request.
- Confidential Viewing: Open on August 30th by appointment only.
- Appraisal: Distributed to qualified candidates by August 31st.
- Offer Submissions: Offers will be reviewed as received. ROI Corporation will prepare all agreements on standard forms for purchaser legal counsel review.