Region: Manitoba

5149

Date Posted: 2024/11/06

A Unique Opportunity for Dentists: Established Practice in Winnipeg

If you are a dentist looking for a strategic entry into ownership in the Winnipeg market, this established dental practice presents a promising investment. Here is what sets it apart:

Highlights of the Practice:

Established Reputation

With 37 years of operational history, this practice has cultivated a robust reputation and maintains a loyal base of approximately 1,800 active patients. Such longevity indicates reliability, patient trust, and a significant foundation for new growth.

Consistent Financial Performance

The practice has consistently shown financial stability and growth. It currently boasts cash earnings of approximately $500,000 annually, highlighting its profitability and potential for continued revenue success under new ownership.

Under Market Rent

The owner enjoys the advantage of a highly favorable lease. The current rent is slightly over $1,000 per month for a 1,300-square-foot space within a medical building. This cost is well below both national and provincial averages, adding to the overall financial efficiency of the practice.

Operational Efficiency and Growth Potential

This practice is equipped with three fully operational treatment rooms functioning near optimal capacity, plus a 4th operatory that is already plumbed and wired. This setup allows for immediate productivity and opens avenues for future expansion without significant additional investment.

Strong Patient Demographics

A high proportion (85%) of patients are covered by insurance, providing a steady, reliable revenue stream. Additionally, the practice attracts approximately 20+ new patients each month, indicating a healthy growth trajectory and sustained community interest.

Flexible Transition Period

The current practice owner is committed to ensuring a smooth transition and is willing to remain as an associate for a mutually agreeable period. This period can be customized to suit your operational needs, offering continued mentorship and maintaining patient trust during the changeover.

Building Ownership Opportunity

A unique aspect of this investment is the potential to purchase a share of the medical/dental building. This not only secures your place within the facility but also provides enhanced financing opportunities, contributing to long-term stability and asset growth.

Why This Practice is an Excellent Investment:

For dentists entering ownership, this practice offers a balance of established success and future potential, backed by strong financials and a supportive infrastructure. The combination of an established patient base, reliable income, operational readiness, and potential for expansion makes this a standout opportunity.

Additional Information for Prospective Buyers:

Practice Profile: Available within 48 hours of request.
Confidential Viewing: by appointment only
Appraisal Available to Qualified Purchasers
Offer Preparation: Our offer preparation instructions are available at any time.
Offer Process: Offers will be reviewed as received and should be submitted with a certified cheque for 10% of the offer price, made payable to “ROI Corporation IN TRUST.”
Offer Documentation: ROI Corporation will draft all offers using our standard format for legal review.

For more details or to schedule an appointment, contact Reema Singla, Sales Representative.

5036

Date Posted: 2024/04/03

MANITOBA

NEW asking prices – as of July 18^th, 2024:

Practice: 20% lower @ $2,800,000 – Reduced from $3,500,000
Property: 16.6% lower @ $1,000,000 – Reduced from $1,200,000

The practice is ideally suited for the innovative Investor Dentist™.

2024 estimated Free Cash Flow (FCF) of ~$1,050,000 million before debt service and doctor earnings.

FCF is not EBITDA! Ask your bank and your accountant why FCF is superior to EBITDA.

This opportunity has four of the most crucial elements to mitigate risk:

Own the real estate – No landlord!
If a buyer wishes to rent the dental building, rent will be $1 in year one + TMI and Utilities
The Premise Lease will include First Option to Purchase
Employees are on proper, written contracts

Private Equity or a burgeoning i-Dentist™ accumulator is welcome to apply, although a firsthand owner is likely to appreciate the opportunity to a greater extent.

ROI Corporation predicts that a 15-year amortization will be approved by a respected Canadian financial institution.

$2.8 million term loan, 15 years @ ~$25,000 per month in principal and interest.

$1 million mortgage, 25 years @ ~$7,000 per month in principal and interest.

Interest rates are predicted to reduce one or two more times this year.

Historically, this practice generated over $250,000+ in monthly gross income.

At present, our client commutes from outside of the province.

He now works ~100 days per year.

Two (2) Associates and three hygienists are also employed.

Located in a picturesque, bustling four-season town within a half-day commute from Winnipeg, this setting offers the ideal blend of community spirit and the sought-after work-life balance that is hard to find in larger cities.

This top-tier practice is complemented by a meticulously maintained building prominently located in an area of high vehicle traffic (directly opposite Tim Hortons!), making it a prime investment opportunity. Having only its second long-term owner since the 1970s, this dental office has become a cornerstone for comprehensive dental care within the community.

The practice analysis indicates that a sizable number of specialized procedures are being referred out.

There’s a substantial opportunity for surgically skilled or orthodontically trained dentists to increase revenue through in-house treatments. The office employs three full-time dental hygienists, contributing 30% of the total revenue from hygiene services alone, and there’s potential to expand this team further.

The expansive, yet efficiently designed 4,200 sq. ft. office features 10+ fully equipped operatories, a modern sterilization area, a consultation room, and several spaces for staff and administrative functions.

Highlights:

Patients are familiar with receiving care from multiple providers
Exceptionally low Accounts Receivables
Operating hours exclude evenings and weekends
A considerable number of procedures are referred out
The practice serves approximately 4,000 patients
Utilizes digital radiography and scanning technology
Offers growth potential across various dental disciplines

Terms:

Your offer will be prepared on the ROI Corporation precedent Offer to Purchase (OTP)
The ROI OTP forms a binding Agreement of Purchase and Share Sale (SPA) when your conditions are waived
Our precedent OTP/SPA will be provided at no charge for your advisory team’s review
Offers accompanied by a comfort letter from your financial institution will receive priority
Your offers should include a refundable deposit of $250,000
Deposits are payable to “ROI CORPORATION IN TRUST.”
The preferred closing date is Fall of 2024

Investor Dentist™ and i-Dentist™ are Trademarks of ROI Corporation. Any use of these phrases by any other company is prohibited.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

5029

Date Posted: 2024/02/29

WINNIPEG

Presenting a Prime Opportunity with ROI Corporation!

Explore the possibilities with this exceptional general practice now available for sale through ROI Corporation. Strategically situated in mid-town Winnipeg, the practice boasts a street-level entrance, convenient adjacent free parking, and enjoys unparalleled exposure with easy access via public transit.

Established 23 years ago at its current location, the practice has been a cornerstone of dental care in the community. Currently, it employs one dental hygienist and operates within a leased space owned by a fellow general dentist, who maintains their own clientele at the same location. While there is no formal partnership agreement between the two parties, the collaborative environment presents a unique opportunity for growth.

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.

Renovated in 2016, the office features a modern design and functional layout, comprising four operatories, a shared sterilization and x-ray area equipped with a J. Morita panoramic machine, a private office, and a shared staff room. Leveraging Maxident software for charting and digital radiographs, the practice embraces cutting-edge technology to enhance patient care and operational efficiency.

Don’t miss your chance to seize this lucrative opportunity and take your dental practice to new heights in a thriving community with immense growth potential.

Highlights of this practice include:

Active patients 1,200
Current lease term until 2026 with 10 yr renewal
Increasing production every year
90% of patients have insurance
No evening or weekend appointments.
Some specialty procedures referred out.

Additional Purchaser/Advisor Information:

A practice Profile will be provided within 48 hours of your request
Open by appointment only
Appraisal will be available after the Open.
ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

4971

Date Posted: 2023/09/29

Winnipeg

Location, Location, Location….

Are you in search of an ideal location, with abundant free parking, a robust patient base of over 700 active charts, and a landlord willing to assist with leasehold improvements? If so, your search ends here.

ROI is thrilled to present an established general dental practice, situated in a prime location with ample room for expansion. The current owner is gearing up for retirement and has chosen to entrust their thriving full-time practice and loyal patient roster to the next dentist.

Occupying the second floor of a bustling retail building, this practice boasts three generously sized operatories, an expansive reception area, a staff room, a dedicated lab room, and a sterilization area. Furthermore, there are 2 fully plumbed rooms primed for immediate expansion. With a modest investment to modernize and revamp the office, you can harness the full potential of the existing and prospective clientele.

This office is a perfect fit for a first-time buyer seeking to unlock additional revenue streams across various procedure code categories. Alternatively, it holds great promise for a dental specialist looking to establish their practice.

The seller is highly motivated to complete the sale and embark on their retirement journey. Don’t miss out on this exceptional opportunity with significant growth potential.

Highlights of this practice include:

Spacious 1,449 sq. ft. facility
3ops, with room for 2 more plumbed & wired
5-days week, no weekends
Dedicated patient base, with 95% dental insurance
Potential for increased revenue

Additional Purchaser/Advisor Information:

A Practice Profile will be provided within 48 hours of your request
Open will be held by appointment only
The Appraisal will be distributed after the open
Offers will be presented to our client 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 Reema Singla, Sales Representative.

4960

Date Posted: 2023/09/06

Motivated Vendor

Northern Manitoba – Improved Asking Price that now includes practice, practice building, and a 4-Plex

Introducing a Remarkable Opportunity with ROI Corporation!

Discover an exceptional investment opportunity in a well-established Northern Manitoba town, exclusively presented by ROI Corporation. Nestled along a prominent thoroughfare in a bustling residential and commercial hub, this clinic offers a prime location with high traffic flow.

The journey of this practice began in 1998 when the dedicated owner took the reins. Over the years, as the practice flourished, it evolved to meet the needs of its expanding clientele. In 2015, it relocated to its current state-of-the-art facility, a standalone building designed to cater to local residents, neighbouring reserves, and nearby towns. With a wealth of experience in practice management, the owner is committed to facilitating a seamless transition and mentoring the prospective buyer.

This listing presents a rare opportunity, ideal for both first-time buyers and savvy investors looking to expand their portfolio. The practice primarily focuses on restorative, endodontic, removable prosthodontic, and oral surgery services. Patient comfort and education are paramount, with each operatory equipped with computers and televisions.

Boasting 7 operatories, a private doctor’s office, and a dedicated administrative area, this practice also features advanced technology, including a Digital Pan/Ceph for Orthodontic use and a 3D-CBCT machine. An Orthodontist visits the practice once every two months, offering a comprehensive range of services under one roof.

Operating 6 days a week, this thriving practice achieved a remarkable gross revenue of $2.63 million last year, with the support of one associate and a full-time hygienist. With a buyer-friendly valuation of $2.4 million, the owner is motivated to consider reasonable offers due to family reasons and is willing to provide support during the transition period.

Don’t miss the chance to seize this golden opportunity!

Highlights of this practice include:

Orthodontist visits once every two months.
Pan/Ceph
1 J. Morita Pan/3D-CBCT
3 washrooms (1 for doctor, 1 for patients and 1 for employees)
Active patients in last 12 months 3725
40% of patients NIHB
2,800 Square feet standalone dental building for sale or rent
Ample, free parking

Additional Purchaser/Advisor Information:

A Practice Profile will be provided within 48 hours of your request
A Confidential Showing by appointment only
The Appraisal will be distributed to qualified purchasers
Offers will be presented as submitted
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 Reema Singla, Sales Representative.

4877

Date Posted: 2023/02/13

WINNIPEG – Facility Sale – was previously listed as Ref#4856

ROI is pleased to present a well-established TURN KEY dental facility, located in a prestigious part of Winnipeg.

Our client is an Orthodontist and he plans to retire after winding down his specialty practice. He is proposing to remain in the office as your cost-sharing tenant with the expenses shared on a decreasing scale as he completes his cases and closes his practice. This practice wind-down is estimated to take not more than 2 years.

As the incoming owner, the landlord is ready to work with you to create a fresh, new long-term lease for the incoming practitioner.

This beautiful office is ~1,400 sq. ft., with a bright, spacious waiting area (great for patient comfort), oversized lab, and a private office. The treatment area is open concept with two treatment bays and one additional, enclosed operatory for privacy.

Located in a high traffic plaza, on the ground floor, this unit offers excellent visibility, signage and ample, free parking. In addition to the current space, there is an exciting, rare opportunity to expand and to grow the footprint of the practice by another 700 sq. ft.

The practice has been at its current location for over 30 years and is known for its long-lasting relationships with other specialists and general dentists in and around the southwest area.

The vendor is open to a flexible transition and will introduce the purchaser to numerous contacts and referral sources to ensure a smooth transition.

This is an opportunity to meet the patients and the parents who may be seeking a new general dentist.

Highlights of this practice include:

Over 150 patients in active treatment
Does not accept assignment of insurance benefits
Digital Sirona panoramic x-ray, with ceph
Rapidly growing residential community

Additional Purchaser/Advisor Information:

A Practice Profile will be provided within 48 hours of your request
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 Reema Singla, Sales Representative.

4856

Date Posted: 2022/12/16

Winnipeg – A great location for any dental specialist or general dentist looking to start up a new practice with assets and leaseholds already in place.

ROI is pleased to present a well-established orthodontic practice of almost 30 years in a popular and prestigious part of the city. The current owner is getting ready to retire and hand over the keys.

This beautiful office consists of 1,400 sq. ft of space, with a bright, spacious waiting area (great for patient comfort,) an oversized lab, and a private office. The treatment area is an open concept, with 2 spacious operatories and an enclosed operatory for privacy and/or for those deband appointments that need to be in a closed room. This practice is open 5 days a week, with evening and Saturday appointments, to accommodate those busy families.

The office is located in a bustling high-traffic plaza on the ground floor, with excellent visibility, signage and ample free parking. In addition to the current space, there is an exciting, rare opportunity to grow the footprint of the practice by 700 sq ft.

The practice is hands-on, with long-lasting relationships with specialist and general dentists in and around the southwest area. The new owner will have the opportunity of the natural demand of the growing population as it continues to grow into the local community.

The vendor is open to a flexible transition and will introduce the purchaser to numerous contacts as well as referral sources to ensure a smooth transition. There will be an introduction to a few dentists, which may allow an opportunity to associate in a general practice, allowing more exposure and revenue.

Highlights of this practice include:

Over 150 patients in active treatment
Does not accept non-assignment of insurance benefits
Digital Sirona panoramic x-ray, with ceph
40% of patients have access to Orthodontics Insurance
Rapidly growing residential community

Additional Purchaser/Advisor Information:

A Practice Profile will be provided within 48 hours of your request
A Confidential Open – appointments available by request
Offers will be submitted as received
The Offer Request Form must be submitted and allow 48 hours to draft an Offer to Purchase
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 Reema Singla, Sales Representative.

4794

Date Posted: 2022/07/13

Winnipeg – Owner retiring

ROI is pleased to offer a small but well-established dental practice for sale in a vibrant part of Winnipeg. A long-time busy practice was taken over by the vendor in 1987 and over the years has created a loyal patient following. This building of over 20,000 sq ft, houses medical, physio, pharmacy and other tenants allowing a lot of opportunity for growth and notice to the practice.

This is an old-fashioned practice with no dental assistant and is not computerized. It consists of two operatories, one of which is only plumbed but never used. Situated in 1,000 sq. ft. with approximately 975 active charts in last 2 yrs. The rent is very modest, and the location is very good.

The current dentist is retiring after 40 years of practice and has always done his own prophy and scaling, so no hygienists are employed at the practice. Annual production is ~$250K with only a 26-hour work week.

This practice would appeal to someone looking for a change of lifestyle to a less stressful schedule or semi-retirement or a younger dentist looking for an inexpensive base to build on.

Highlights of this practice include:

Approximately 975 active patients seen in the last 2 yrs
Revenue last year was over $215,000
Ample free parking
Excellent potential for growth

Additional Purchaser/Advisor Information:

A profile of the practice will be available to qualified applicants who have completed a ROI Corporation confidentiality agreement
The Practice Appraisal, in its entirety, will be released electronically to interested 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 Reema Singla, Sales Representative.

4780

Date Posted: 2022/06/01

Updated – Reduced Asking Price

Winnipeg

ROI Corporation is pleased to present an opportunity to bring this well-established family practice to the market. Opportunity abounds in this clinic, which already boasts an incredible solid business foundation. Since being purchased by the current vendor, there has been an increasing number of new patients per month. This is a well-suited opportunity for a first-time buyer or a dentist looking to grow their profile. The practice focuses on prevention and restorative care and has maintained a policy of providing quality care and comfortable dental services to every patient.

Located in a residential and retail area of the city, which leads to plenty of growth potential. This clinic is located on the top floor of a 2-storey medical building with the exclusivity of the dental office. This location sees a great deal of foot traffic, is highly accessible by public transit, and offers ample free parking on the street and beside the building.

~1,314 sq. ft. updated facility boasts 3 operatories, a brand-new digital Belmont panoramic machine, installed 2 yrs. ago. Two operatories are enclosed with a door and the 3^rd operatory can be closed off. Along with the main reception area, two separate rooms that are used for storage and a kid’s space could easily be converted to add more operatories.

If your ultimate goal is to run your own practice and build it according to your preference, do not miss out on this great opportunity.

Highlights of this practice include:

Production in 2022 has increased to $700,122.54
3 operatories with the potential to expand
Approximately 1460 active patients
It is an assignment practice with social service patients and most patients are covered by a type of dental insurance plan
Potential to extend working hours of operation
High traffic established neighbourhood with a strong mix of residential and retail economic activity
Brand new digital pan
2 Enclosed Operatories

Additional Purchaser/Advisor Information:

A profile of the practice will be available to qualified applicants who have completed a ROI Corporation 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 details or to schedule an appointment, contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

For more information or to schedule an appointment, please contact Reema Singla, Sales Representative.

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