Region: Ontario

5095

Mississauga

ROI Corporation proudly presents an established general practice in Mississauga, Ontario.

Originally opened at the current location in 1999, this family-oriented practice has provided compassionate dentistry to the community for more than 25 years.

Generating an average monthly production of more than $68,000, this practice is complemented by an efficient hygiene team comprised of 3 hygienists, who contribute 33% of the annual revenue.

Located on a main arterial thoroughfare and minutes away from major 400-series highways, this is a ground-level retail/medical building. Patient convenience has been a defining factor of the practice’s success, with easy access to the practice location and ample free patient parking.

A warm, inviting facility spans 1,215 sq. ft. It is home to 3 fully equipped operatories, a new digital panoramic X-ray, a private office, a staff room, a large storage area, and more. All patient charting isdone digitally using the Paradigm practice management software.  

It is important to note that the current lease does contain a demolition provision. However, we have written confirmation directly from the landlord that they have no plans for demolition or redevelopment. This 10-storey retail property is fully occupied. In addition to full occupancy, the landlord has invested in significant long-term improvements to the common areas and parking lot. The ROI Corporation appraised value has been significantly lowered to take into account this lease clause. This presents an opportunity for a savvy purchaser to understand the situation and get an established practice at a great price point due to lease circumstances that provide very little future risk.

After a rewarding career, our client is ready to slow down and give stewardship of this practice to another practitioner. Our client is willing to stay on for a transition period, ensuring a seamless transition and the purchaser’s success.

Highlights of this practice include:

  • Cash earnings of more than $327,000
  • Staff on written contracts
  • Digital X-rays, with sensor
  • Accounts Receivable managed well below the industry average
  • Vendor willing to transition
  • Ample free parking

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, July 7th, 2024
  • The Appraisal will be distributed to qualified purchasers.
  • Offers must be submitted on or before Friday, July 19th, 2024
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • The Vendor prefers a closing date of Friday, September 27th, 2024

 

For more information or to schedule an appointment, please contact Nicholas Boyle, Sales Representative.

 

5097

 

2136 KAINS RD, UNIT #8,  LONDON, ON 

Attention West London dentists!

Whether you are considering a start-up or a move to upgrade your space exactly how you want it, this could be a one-of-a-kind opportunity! After recognizing the impact of the Landemic.™ on many dentists with current leases, ROI Corp is pleased to introduce listings for leased spaces!

A new dental office location is available for lease in the prestigious Riverbend neighborhood of London, Ontario. This AAA location is in a brand new 3.25-acre retail plaza and is surrounded by homes.  With ample frontage on Kains Road, the plaza enjoys high visibility and accessibility, making it an ideal location for a thriving dental practice. The unit is 1,375 sq ft, and the rent is $32/sq ft + TMI (estimated to be $11.50).

Key Features of the Location:
  • High Household Income: The Riverbend neighborhood boasts a very affluent community with an average household income of $167,000. This translates to patients with a strong economic base, who have the means to afford quality dental care. 
  • Adjacent to a Golf Course and Gated Community: The proximity to a golf course and a gated community means increased visibility, foot traffic, and a steady flow of patients. 
  • Other Tenants: The plaza has a diverse mix of tenants, including a family doctor, pharmacy, convenience store, physiotherapy clinic, daycare, pizza store, restaurant, salon etc.
  • Exclusivity: As a dentist, you’ll have exclusivity for a dental office within the plaza, along with a long term lease for peace of mind.  The location is ready for lease immediately, allowing you to set up your practice promptly.

 

Google Map Link: https://maps.app.goo.gl/425iv6xrjWYB7JhXA 

 

 

For more information or to schedule an appointment, please contact Drew Markham Sales Representative.

 

 

 

 

 

 

 

 

 

 

5094

Downtown Toronto

Owning a well-established dental office with loyal and committed patients is highly valuable in terms of goodwill.  Our client enjoys more than 50% net profit, which is exceptional for a Toronto office.  Our client is selling for retirement purposes but will stay on for as long as the new owner wishes to ensure a smooth and successful transition. They are motivated to find the right person to take over this stable and profitable practice. Ensuring patients transition to the right person is key to our vendor.

Located in the heart of the City, within walking distance of Yonge-Dundas Square, the Toronto Eaton Centre, and the Art Gallery of Ontario, this office has existed in the same location for over 30 years. The office is primarily restorative and serves patients on a comfortable schedule of 33 hours per week. Proudly serving close to 900 active patients, this two-operatory office has the potential to grow with room for a third operatory.

The patients who visit this generational practice are multicultural in background. Predominantly between the ages of 25 and 60, while new monthly patients average 10+ per month, patient retention is a significant strength in this office. Scheduling is another strength of this business with 95% of recall patients attending every 3 months. As the owner-operator, our client is booked out 8-10 weeks. Our client is on track to bill over $1,000,000 for this fiscal year. Revenue has increased simply due to our client taking less vacation, amounting to only 2 weeks this past year.

Presently, the office has, in addition to the owner, a receptionist and assistant making up the team.   Our client chooses to do their own hygiene. The clinic is entirely digital utilizing Paradigm by LogicTech. This is an assignment office where most patients have comprehensive coverage.  There are no social service patients.

Our client has reported that the landlord has always been good to work with.  The lease has one more year left, but our client confirmed the landlord will provide more terms and renewals.  There is no demolition clause, and the office occupies ~900 square feet.   Located on the main floor of a 3-level converted house, natural light and street visibility makes this a charming practice to own.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, June 16th
  • The Appraisal will be distributed following the Open
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline
  • Offer deadline will be Friday, July 5th, 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 Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

5019

ROI Corporation is proud to present this excellent opportunity for ownership in a highly desirable and mature area in York Region.  This will be a share sale.

York Region itself is an attractive area to live and work. With close proximity to the GTA, York recorded the highest-ever construction value, estimated at $5.9 billion, continuing to accommodate a growing population of over 1.25 million residents as of May 30, 2024.

The community the clinic is located within is a charming area with a unique blend of old-world charm and modern amenities. There are a variety of restaurants, shops, and cultural attractions to explore. The picturesque location offers hiking trails, nature, and a true work-life balance.

The clinic offers bread-and-butter dentistry, meaning any new owner can walk in and be busy from day one.  Approximately ten referrals go out each month for endos, ortho, and surgeries, which, for the right person, could be kept in the practice.

The practice offers 37 hours of dentistry and 36 hours of hygiene each week.  There is presently one dentist and 4 hygienists.  1 hygienist is on maternity leave, while 2 are part-time.  There is a receptionist and an assistant.  The clinic sees 20-22 new patients per month and averages 10 emergencies monthly.  There are approximately 1,200 active patients.   Most patients have comprehensive insurance.   This assignment office has strong collection policies with co-payments collected at the time of appointment. According to a Recall Max report, there is an additional $500,000 in potential restorative revenue.

The excellent location, high visibility, and modern décor make the office a pleasure to work in. The lease is excellent, running until 2038, with no demolition clause. Just over 1,800 square feet, this office has 4 operatories well equipped with A-Dec chairs and delivery units. The practice is completely digital.

Highlights of this facility include:

  • 4 fully equipped operatories with A-Dec chairs and delivery units
  • Business office, Consult room, Private office, and Staff room
  • Assignment with excellent collection policy
  • Dentrix software and Recall Max
  • Setup is fully digital (charting & x-rays)

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided within 48 hours of your request
  • A Confidential Open (by appointment only) will be held on Sunday, June 16th
  • The Appraisal will be distributed following the Open
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline
  • Offer deadline will be Friday, July 5th by 5pm.
  • 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 Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

 

5093

City of Ottawa – Westend – Updated Appraisal – Previously listed as Ref# 4912

It is highly unusual to offer a practice that has been owned and operated by the original owner for over 30 years. This general practice has grown steadily over the years and the owner is proud to be providing care to multiple generations of patients.

The dentist owner and one associate provide all the patient care, including preventive treatment. Most specialty procedures, including molar endodontics,  3rd molar extractions, periodontics and orthodontics are referred outside the practice. This limited scope of services represents a tremendous upside for a new owner.  Depending on the preference of the buyer, these services can be successfully integrated into the practice and offer a substantial opportunity to increase revenue.

Almost one-half of the revenue is derived from preventive services, which has proven to be a profitable model. As of year- end July 2023, the practice increased revenue by $80,000, over the previous year. This year the practice is on track to increase revenue  again by an additional $26,000.

The practice does not accept assignment of benefits, except for a few long-standing patients. Accounts Receivable are extremely low at less than $2,000.00.

The practice is located on the first floor of a small professional building, on a busy street with access to public transit including the new LRT station and ample free parking. It is within walking distance of a large mall with grocery, restaurants and a variety of commercial services. It is close to Ottawa’s largest community college which offers an additional opportunity to increase the patient base.

It is of note that there is a new premise lease in place with an extension until 2039. This includes the removal of a previous demolition clause.

Currently, the practice has 3 operatories with plumbed area for a 4th operatory. The office has digital radiography, but no panorex.

The Vendor is available to work in the practice for at least one year, on a part-time basis to ensure the patients a successful transition.

HIGHLIGHTS OF THE PRACTICE

  • One owner for 30 years
  • Most specialty procedures referred
  • Non-Assignment – Accounts Receivable exceptionally low
  • The owner will work in practice for at least one year.
  • Proximity to a large strip mall with grocery anchor and Ottawa’s largest community college.
  • Attractive premise lease with no demolition clause

KEY TIMELINES

  • Practice Profile is available now
  • Confidential Practice OPEN Sunday June 16th by appointment
  • Practice appraisal will be distributed to serious buyers following the OPEN
  • Offers will be presented as submitted
  • ROI Corporation will prepare all offers on our standard template. 10% deposit is required upon acceptance of the offer.
  • Closing autumn 2024

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

5090

Oakville

ROI Corporation is delighted to present this excellent opportunity for ownership in a highly desirable and mature area in Oakville.  This will be a share sale.

Opened in 2017, this office has 3 operatories with room for a 4th.  This tastefully designed office occupies approximately 1500 square feet and is in a commercial /business plaza with excellent visibility and easy access to the QEW.   The clinic also has a staff room, a private office and plenty of natural light in each operatory.  The current lease is up for renewal in 2027, and the vendor will assist with the negotiation of additional terms for the new owner. The rent is extremely reasonable, at approximately $3K per month.

A new owner will take this clinic to the next level with a good marketing plan and by providing the availability of same-day dentistry.  Currently, the practice is on track to reach $500k in production this fiscal year with a conservative schedule of only 3-4 days per week from 1 dentist/owner and a hygienist.   Our client does external referrals for procedures such as endos, ortho and pediatric.  Most patients have excellent insurance coverage.  This clinic offers a strong foundation for success with approximately 400-500 active patients.

Highlights of this facility include:

  • 3 fully equipped operatories with room for a 4th
  • Belmont and Sirona chairs and delivery units with A-dec steri system
  • Business office, and Staff room/lab
  • 80% of patients have excellent insurance
  • Assignment with excellent collection policy
  • Maxident software
  • Located in a highly visible location

Additional Purchaser/Advisor Information:

  • A Practice Profile and virtual tour will be provided within 48 hours of the request to those who have signed a confidentiality agreement
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed following the Open
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline
  • Offer deadline will be Friday, June 21st by 5pm
  • 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 Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

4863

Mississauga

Roi Corporation is proud to bring this excellent opportunity to the open market.

Suppose you want a practice in a growing city with boundless opportunities and great neighbourhoods with big-city amenities. This practice in Mississauga might be a can’t-miss opportunity for you.

This office offers a tremendous opportunity to anyone seeking a balanced lifestyle/career in a thriving community within the GTA.

The practice has been at the exact location since 2009. The new owner will receive a robust patient base and a turnkey facility.

Highlights of this practice include:

  • 15 hours per week of optometry service
  • 40 new patients per month
  • 80% of patients have insurance coverage.
  • Surrounded by famous national tenants
  • Income is constantly trending upwards
  • A Practice Profile will be provided within 48 hours of your request.
  • A Confidential Open (by appointment only)
  • The Offer Request Form must be submitted 48 hours prior to the Offer deadline.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
  • A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due 2 days after the offer is accepted.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • Our vendor is looking to close this practice sale in Summer 2023.

For more information or to schedule an appointment, please contact

Lance Edwards, lance@roicorp.com (416) 474-9741 Sales Representative.

5086

Southwestern Ontario

Are you a Denturist ready, willing, and able to step into a winning situation..? Well then, this opportunity is definitely for you. Installed from scratch in 2015, this remarkably profitable denture clinic is ideally located off a main street, highly visible on ground level in one of the fastest-growing populated cities in Southwestern Ontario.

The efficient denture clinic produces close to $500,000 this year, including notable cash earnings of $238,000, on a heavily reduced work schedule of only three days per week. The owner operates a secondary denture clinic in another town and can’t fully devote his time to both locations, so he is seeking to reduce his workload. 

Sprawling over 1,200 Square Ft of space, you will find two spacious fully equipped operatories, a private office, a welcoming reception area, and a highly functional laboratory. The practice consistently benefits from adding roughly 20-30 new patients per month and utilizes computerized billing and scheduling. In addition, a new beneficial lease has recently been negotiated that offers the next lucky owner the luxury of extended tenure until 2034 with no demolition clause in this bustling plaza.   

There is no doubt that we are living in a time where the bulk of our society is shifting to an aging population, and the field of Denturism will only benefit from this phenomenon. If you are a present or future Denturist with a cunning business mind, you will unquestionably recognize that taking the helm of this lucrative denture clinic is an extremely smart business decision at this competitive price point.

Highlights of this practice include:

  • Consistently low outstanding account receivables
  • Significant growing population ratios for the surrounding area
  • Ample and free parking
  • Very reasonable rent rates
  • 2024 production estimated to be $490,000 on a 3 day per week work schedule
  • 20-30 new clients per month

Additional Purchaser/Advisor Information:

  • A practice appraisal and virtual tour will be available upon request
  • A visit of the practice can be booked on an individual basis.
  • Conditional offers can be submitted at any time. 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, please contact Doron Aaron Eisenberg, Sales Representative.

5082

Scarborough

Disclaimer: This is a predominantly Chinese patient-based practice and might not be suitable for all buyers.

The practice was purchased in 1991 and relocated to its present address in 1997, so it is a well-established business. It is 1,040 sq. ft. and contains 3 operatories plus a business office, private office, and staff room. There is no Pan. The lease runs to October 2027, so a renewal would have to be negotiated.

The practice is in a small, stand-alone, low-rise, 3-business commercial plaza on a main street in Scarborough. In addition to the dental practice, there is a medical clinic and pharmacy. The office enjoys exclusivity for dentistry in this small plaza. There is ample free parking at the rear of the building, and the dental office is wheelchair accessible. The practice was renovated in 2023 and shows very well. It is bright, with natural light, clean, tidy, and well-maintained. Total rent is reasonable, at less than $4,000 per month.

This is a family practice which is open 5 days per week. There are 5 days of dentistry and 2 days of hygiene each week, but the associate does his own hygiene. The owner works 3 days per week and the associate 2 days. Gross production in 2023 was >$1MM. Since the practice is well established, it is not surprising that over 50% of production comes from hygiene.

The clinic enjoys excellent cash flow despite the fact that the dentists take 8-12 weeks of vacation each year and many procedures are referred out. Over 3,700 patient visits occurred in the past year, and the practice still gets an average of 13 new patients per month. Additionally, very few social service patients are seen.

This excellent practice would be most suitable for an ethnic Chinese dentist. If you are in that category, this presents a wonderful opportunity.

Highlights of this practice include:

  • A profile of the practice will be provided to interested parties who have completed a ROI Corporation confidentiality agreement.
  • The full appraisal will be provided to those who book an appointment to see the practice. Due to the ethnic nature of the practice, an Open is not planned but appointments will be scheduled as required.
  • 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
  • The preferred closing date is July 31st.

 

For more information or to schedule an appointment, please contact Bill Alton, Sales Representative.

5078

Markham

It is with great pleasure that we bring you this fine-tuned, full-service family practice. Established (2016) in a high-traffic area near all the major highways in the heart of Markham, the office has witnessed relentless growth since its inception. Our client is choosing to sell owing to the significant time investment required to responsibly maintain the operations and exponential growth that the office enjoys. Our modest vendor who boasts a wealth of demonstrable practice management credentials is happy to continue at the practice maintaining a presence that would bolster the office during the transition and beyond.

With free cash flow of $946,212 (53.5%) and growing monthly charges of~$150,000 this office makes a strong case for owner-operators or an Investor Dentist™. Open only 4.5 days per week room exists to build upon an already remarkable foundation by adding clinical days. On top of this, the office enjoys a secure lease until 2036 with the potential to expand upon an existing 3 operatory setup.

Acquiring this office represents a step into an elevated dental management experience. Patients come to this office looking for a change. They are greeted by a cohesive team, that have and continue to be trained in the Frank Spear, management philosophy that truly permeates daily operations. Staff educate patients chairside, and a co-diagnosis is created that optimizes workflow. Through internal referrals and dynamic use of Google and Facebook ads, this office attracts a patient who has a higher dental IQ and the means to elect for the services offered.

Highlights of this practice:

  • AR well below industry average
  • ~1300 active patients
  • ~40 new patients per month
  • Exceptional Cash earnings – $946,212
  • Significant scope to increase the practice opening hours
  • Fully digital charting, x-ray and patient comms
  • Practice charges a premium for all major treatments
  • Exceptional staff all on contracts

Additional features of this practice include:

  • A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
  • A virtual tour will be provided to qualified parties on the evening of Thursday, 23rd May 2024
  • A Confidential Open (by appointment only) will be held on the morning of Sunday, 26th May 2024
  • The Practice Appraisal, in its entirety will be released electronically to qualified parties on Monday, 27th May 2024
  • Offers are due on or before Noon on Thursday, 6th June 2024
  • Within 48 hours of acceptance of an offer we request a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice.
  • Our client prefers a closing date in Summer 2024

For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative.