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.
Halifax
ROI Corporation is excited to offer this unique opportunity to acquire a long-established, two-operatory Endodontic practice located in one of Canada’s fastest-growing cities.
Established by the vendor in 2005 and having treated ~1,800 patients in the last 12 months, the vendor is willing to transition with the new owner – for a period of time – to help the buyer establish relationships with the current referring practitioners. The vendor is also willing to sign a part-time associate agreement for a mutually beneficial period, if the buyer so desires.
The vendor is cognizant that financing specialty practices may be challenging and is willing to provide competitive financing rates to qualified buyers. In addition, the landlord (Crombie Property Holdings) has expressed interest in signing a new premise lease agreement with the buyer. It is understood that a successful acquisition will be conditional on the buyer securing a satisfactory premise lease agreement.
Halifax sits on the doorstep of the Atlantic Ocean, freshwater lakes, and municipal, provincial, and national parks. Halifax is also a major centre for government, health care, education, the navy, finance, shipping, oil, and gas. Halifax is home to almost 45% of Nova Scotia’s population and is one of the fastest-growing cities in Canada, with an estimated annual population growth of 1.5%. Halifax represents 20% of Atlantic Canada’s GDP.
Highlights of this practice include:
- The vendor is prepared to offer up to 100% financing at competitive rates.
- Modern décor with natural light in operatories.
- Two fully equipped ops.
- High traffic central location with free parking and wheelchair access.
- 1,023 sq. ft.
- 1,800 patients have been seen in the last 12 months.
- 98% of patients speak English.
- Low A/R with bad debt at <1% of gross income
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.
- Appointments to see the practice will be arranged for qualified buyers.
- 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, Sales Associate for Atlantic Canada.
Halifax
ROI Corporation is excited to bring this rare opportunity to acquire a long established, newly built, four-operatory general practice located in the largest city east of Montreal, Halifax!
Not only does Halifax sit on the doorstep of the Atlantic Ocean, freshwater lakes, and municipal, provincial, and national parks. Halifax is also a major centre for government, health care, education, the navy, finance, shipping, oil, and gas. Halifax is home to almost 45% of Nova Scotia’s population and is one of the fastest-growing cities in Canada, with an estimated annual population growth of 1.5%. Halifax represents 20% of Atlantic Canada’s GDP.
Purchased by the current owner in 2010 and located at a major intersection, this practice has seven years remaining on the lease, with a five-year renewal taking it to 2035!
Currently consisting of two hygienists and the owner/practitioner – with no evening or weekend hours currently offered – the practice stands poised for expansion to accommodate the burgeoning demand. The significant development in the area creates a prime opportunity to extend operating hours and capture a broader market share. The owner is flexible to assist during the transition period.
Highlights of this practice include:
- Built new in 2020.
- 7 years remaining on lease with five-year renewal
- No demolition clause
- ~ 1,430 sq. ft.
- Modern décor with natural light
- 4 fully equipped ops
- High traffic central location with free parking and wheelchair access
- Revenues are based on the practitioner working 28 hrs/wk., ~28 wks./yr.
- ~ 1,403 patients seen in last 12 months (files were culled for inactive patients in 2023)
- ~ 14 hygiene appointments per day accounting for ~46.5% of revenues
- ~ 98% of patients speak English
- ~ 90% of patients live or work nearby
- Low A/R with bad debt at <1% of gross income
- No weekends or evenings
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.
- Visits will be held by appointment only to qualified candidates who have completed the ROI Corporation confidential agreement.
- Offers must be submitted on or before Thursday, May 23rd, 2024 by 5 pm.
- 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, Sales Associate for Atlantic Canada.
Atlantic Provinces
ROI Corporation is thrilled to introduce this prosperous, firmly-rooted general practice to the market. With its established success and longevity, this opportunity will attract a diverse pool of potential buyers. The current practitioner’s goal isn’t necessarily retirement, but rather achieving a more favorable work-life balance. Transition options span from an extended handover period to immediate ownership transfer, accommodating both younger dentists seeking a gradual transition and those ready to take charge from day one.
The practice was established in 1979; and purchased by a second owner in 1993; before being acquired by the current owner in 1995. Subsequent upgrades in 2010 and 2014 with ongoing improvements to ensure modernity and efficiency.
The practice features three operatories – currently a team comprising of 4 hygienists, the owner/practitioner, and 1 part-time associate. There is ample room for growth with available neighbouring space for expansion or the potential to enhance production within its existing layout.
Nestled in the commercial heart of a North Central New Brunswick city, this region caters to outdoor enthusiasts with its proximity to forests, lakes, rivers, beaches, cross-country skiing, snowmobile trails, and ocean access, offering an idyllic lifestyle for the discerning practitioner.
Highlights of this practice include:
- ~ 1,545 sq. ft.
- 3 fully equipped Ops
- Modern décor with natural light
- Central location, free parking with wheelchair access
- Renovated in 2010 and 2014
- ~ 15 hygiene appointments per day
- Revenues are based on the practitioner working 30 hrs/wk., ~45 wks./yr; and, associate working 7.5 hrs/wk., ~39 wks./yr
- Panoramic x-ray
- ~ 2,200 patients seen in last 24 months (files are culled for inactive patients annually)
- ~ 98% of patients speak English
- ~ 85% of patients live or work nearby
- Low A/R with bad debt at <0.5 of gross income
- Local airport
- No weekends or evenings
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.
St. John’s, 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
Saint John, NB – Updated – Real Estate is now also available
Are you ready to practise dentistry in “Saint Awesome?”
Saint John, New Brunswick, is a gem, just steps from the mighty Bay of Fundy.
You will be practising in a beautiful Victorian-era building in the heart of the city, where you will be surrounded by galleries, day and night markets, quaint local boutiques, and fabulous restaurants and cafés. The dental office is located on an elegant tree-lined street in the heart of the city, surrounded by many green spaces and charming parks.
Saint John is also a multicultural city! https://www.cbc.ca/news/canada/new-brunswick/want-to-see-how-saint-john-has-evolved-in-the-past-decade-go-to-the-city-s-cultural-festival-1.6930706
Our client has taken more time off recently and is ready to relinquish ownership. This long-established 4 operatory family practice is now being offered for sale to the right practitioner. Current revenues are based on only ~750 Dentist hours/year and ~1,300 Hygiene hours/year – so there is lots of room to grow! One of the operatories was set up with all new equipment in 2020 and the digital Pan is brand new. The practice utilizes Maxident software.
Highlights include
- Approximately 1,000 active patients.
- No Fridays, evenings, or weekends.
- Central location with easy access for both vehicle and foot traffic.
- Close to Public Transit.
- Significant number of referrals are made to all specialties.
- 90%+ of patients have third-party dental insurance.
- Non-current AR’s are low, typically in the $10,000 range.
- For the successful practice purchaser, there will be an option (but not a requirement) to also purchase the Real Estate, at fair market value.
The historic building is owned by the dentist, who is agreeable to providing a secure, long-term premise lease. The Vendor does not wish to remain as an Associate in the practice in order that a new dentist owner can ‘make it their own’ as soon as possible.
After several years of enjoying this space with their patients, the owner has decided to spend more time on the golf course and in the Caribbean and is ready to pass the torch to someone who will enjoy this practice as much as they have over the years.
Additional Purchaser/Advisor Information:
- The full appraisal will be released only to qualified parties.
- ROI Corporation will prepare all offers on our standard form for your lawyer’s review.
Please contact Dr. Jeff Williams at (902) 956-0404 or jeff@roicorp.com for more information.
Central Nova Scotia – Motivated Vendor. $105,000.00 Price Reduction
ROI Corporation is excited to bring this well-established, beautifully appointed, 4 – operatory practice to market, located close to the business district. Established in 1985 – and fully renovated in 2014 – this free-standing residential/commercial building provides natural lighting to almost every room with generous parking and ample space to grow!
The vendor is willing to associate for 6-12 months, perhaps longer. The hygiene department is growing with the hiring of a third hygienist just three months ago; and, with ~27 new patients a month, this practice will appeal to the young practitioner wanting to establish themselves in a beautiful and safe community; large city practitioner looking for a quieter community; or the Dentist Investor wishing to grow their portfolio.
This area of Nova Scotia will appeal to the outdoors person having 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:
- 2,066 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 the 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 the 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 Associate.
Reduced Asking Price – was previously listed at $830,000
Owner Highly Motivated for Personal Reasons – Any Reasonable Offer will be Entertained
Newfoundland and Labrador
ROI Corporation is excited to present this wonderful opportunity in Newfoundland and Labrador. This practice was established in the last ten years and plays a vital part in the local community health care and services in a wide geographic area.
The present owner has focused on providing general dental care and increasing the communities dental IQ.
The clinic has three modern operatories offering a welcoming environment. The practice is fully digital with radiographs and the charting system. This well-equipped, 1,000 square foot practice is located on a main thoroughfare with easy access to the airport.
Highlights of this practice include:
- This practice has three operatories and an active patient list of ~ 3000
- 97% of patients are insured
- Low overhead
- Clinic is fully computerized
- Hygiene is provided 5 days per week by 2 hygienists
- Clinic is a vital part of the communities health system.
- Excellent opportunity to expand Endo, Ortho and Oral Surgery care
- Great Location for outdoor recreation and activities
Additional Purchaser/Advisor Information:
- The full Appraisal will be distributed with proof of a Confidentiality Agreement
- 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. Scott Green, Sales Associate. Email: scott@roicorp.com or Cell: 902-830-0883
Avalon Peninsula, NL
This long established, vibrant family practice can be yours before the end of 2022.
The owner and associate and their team of hygienists provide dedicated and thoughtful care to their patients; with a focus on conservative, quality, general dentistry. There is a very strong emphasis on prevention. Many advanced procedures are referred out (including 2-3 molar endos, 3 oral surgical cases, and a couple of implant patients – amongst others – on average, each month).
This is a very well established practice that was moved to a custom built facility with all new equipment just a few short years ago. Our client has a long term premise lease agreement, on favourable terms, which can be transferred to the practice purchaser – thereby ensuring patient continuity. There is ample free parking available for patients.
Practice revenues have grown moderately over the past seven years, by over 30%! As an indicator of efficiency, the cash earnings generated by the practice have increased by a similar amount.
It goes without saying that the practice is compliant with all Covid-19 protocols.
In a perfect scenario, our client wishes to make a clean break, having enjoyed all that dentistry has offered them over the course of a successful career. However, in the event of extenuating circumstances, they will consider a short (i.e. 3-6 months) part time transition. They do not have designs on continuing to practise elsewhere.
Highlights of this practice include:
- 4 Ops – all with natural light.
- Plumbed and wired for a 5th
- ~2,400 sq. ft. on 3 levels.
- Long term lease in place – with an agreeable landlord.
- Hygiene revenues are ~32% of gross.
- No evening or weekend hours.
- Revenues are based on the practice being open 4.5 days/week.
- Digital radiography (including Pan).
- MCP billings are less than $100 per week (on average).
- 2,100+ unique patients seen in the last year (2,400+ in the last 2 years).
- Ample free parking.
Next Steps
- For more information, please contact Dr. Jeff Williams at (902) 956-0404 or jeff@roicorp.com
- The full appraisal will be released only to qualified parties.
- 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. Jeff Williams, Associate for Atlantic Canada.
Halifax Region
ROI is pleased to present this outstanding practice opportunity in Halifax Regional Municipality, the largest city east of Montreal.
Both manageable and affordable, this practice is primed for a dynamic owner to build on a very solid foundation. Established more than 35 years ago, the current owner has been practicing here since 1992.
This three Op practice offers a wealth of untapped revenue. There is an opportunity to increase revenue by keeping more services in house. The addition of a hygienist to the practice would allow the new owner to oversee a hygiene program while offering comprehensive dental treatments.
An opportunity such as this would be an ideal purchase for a first-time buyer. The low overhead accompanied by the immediate potential for growth allows for the successful purchaser to jump into ownership with confidence in their ability to support their new venture. Alternatively, an investor dentist could also be intrigued by how quickly their investment could be realized.
Highlights of this practice include:
- Owner available for transition
- Central location
- Ground floor
- Growing community
- ~ 5 – 8 new patients/month
- 85-90% of patients pre-booked before leaving office
- 4 days week, 36 hours
- No evenings or weekends
- Potential to increase productivity through expansion, extended services, increased hours and hygiene
- 85% insurance
- Month-to-month lease providing opportunity to renegotiate and expand
- Retail plaza
- Ample free parking
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request.
- Office site visit by appointment only.
- The Appraisal will be distributed to qualified buyers upon request.
- 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. Scott Green, Sales Representative
