Region: Ontario

5026

DURHAM REGION

It is an honour to represent our client in the sale of this top-tier dental practice as they pursue a lifestyle transition out of the province.

This five-operatory practice is ideally located in a charming and rapidly growing community less than an hour away from Toronto. The highly sought-after retail location is complemented by several traffic-drawing anchor tenants and surrounded by residential homes with multiple new condo developments underway.

Strong business systems and a skillful, friendly team have directly translated to organic growth, which is also illustrated by the strong financial stats. Despite the turn-key appeal of this practice, upside potential exists both in a steady stream of specialty services currently being referred out and the ability to tap into marketing potential.

Our client’s lease favourably extends until 2037. This said, and as commonly seen in larger retail developments, a demolition clause exists with a 6-month notice period. Thankfully this is a clause that exists with a multitude of mitigation that should provide comfort. We have been able to secure confirmation that other tenants in the same development have unencumbered tenancy that extends 20+ years. The plaza and building have benefitted from recent CapEx improvements that underline the landlord’s long-term commitment. The same landlord has given written confirmation that they have no plans to redevelop the plaza and have indicated that they might entertain some appeasement of the terms. Buyers and the associated financiers should be comfortable assuming an assignment of the lease in an “as is” state and will, of course, be given preference in a competitive situation. The demolition clause is reflected in the appraisal and asking price.

Highlights of this practice include:

  • Cash earnings are well above industry standard at 49% of gross
  • A strong hygiene program accounting for 40% of revenue
  • 2,742 unique patients have attended the practice in the past 12 months
  • Equipment and leaseholds are immaculately maintained, offering a warm and inviting environment for patients
  • The practice is fully digital, including x-ray, a Panorex, and clinical records
  • 25-30 new patients per month with no advertising efforts in place
  • Ample, free parking

Additional Purchaser/Advisor Information:

  • A Practice Profile will be available to qualified purchasers within 24 hours of your request
  • A Confidential Open will be held on Sunday, February 25, 2024
  • The Appraisal will be available to all qualified purchasers on Monday, February 26, 2024
  • Offers are due on or before 5:00 PM on Thursday, March 7, 2024
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

 

For additional information, please contact Alexis Sweetnam, Sales Representative.

 

 

 

5022

Vaughen

ROI Corporation is proud to present this consistent, long-standing general practice located in Vaughan, Ontario

Generating an average monthly production of more than $56,100, this practice has treated over 1,032 unique patients in the last 24 months. Situated on ground level and on the main thoroughfare in the community, this practice has offered patients dental care for over 25 years.

This opportunity is suited for any style of dental practitioner, as 93% of revenue is produced by Diagnostic, Preventative and Restorative procedures, with several specialty treatments referred out each month. The impressive hygiene program produces 41% of the practice’s revenue.  This practice is only open three days per week, with no evenings or weekends, allowing the purchasing dentist to expand hours and increase revenue.

A highly efficient use of 750 Sq. Ft creates a low-overhead environment, where virtually every inch of this clinic produces income and prioritizes profitability. The facility houses two fully equipped operatories, a sterilization area, a staff room and more.

This is an excellent opportunity to purchase and grow a profitable practice.

Highlights of this practice include:

  • 41% of revenue generated by the hygiene program
  • Strong lease with no demolition clause
  • Rental expense below industry averages (only 4% of annual revenue)
  • Substantial, highly recognizable signage
  • Ample free parking

Additional Purchaser/Advisor Information:

  • A practice profile will be available to qualified purchasers requesting information.
  • A confidential Open will be held on Sunday, February 25th, 2024
  • A Webinar will be held on Wednesday, February 21st, 2024
  • CLICK HERE TO REGISTER FOR WEBINAR  
  • The Appraisal will be available to all qualified purchasers Wednesday, February 21st, 2024
  • Offers are due on or before 5:00 PM on Friday, March 8th , 2024
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

 

For additional information, please contact Nicholas Boyle, Sales Representative.

4918

TORONTO

Ownership in a major urban city with continued growth is truly the opportunity any successful businessperson seeks.

This Toronto office provides the existing owner with strong cash flow and will provide the next owner with an excellent foundation to continue to build these clinics to the next level.

Key Factors:

  • Asking Price: $3.8 million
  • EBITDA: 5.5x
  • Normalized net income: $632,475
  • 2500 active patients
  • Completely associate driven
  • Excellent lease with long terms/renewals and NO DEMOLITION clause.
  • High dental IQ patients with excellent insurance coverage
  • Each operatory currently produces $353K
  • Room for expansion – hours, services and revenue
  • Affluent neighborhood – average income $220k/year

Qualified purchasers will be invited to attend a special VIP webinar

Please contact Jackie Joachim, Chief Operating Officer or Constance Oly, Sales Associate

5021

Orangeville

ROI Corporation is pleased to present this opportunity to purchase a beautifully designed dental facility! The practice is located in a great community to live in if you want the atmosphere of a small town without sacrificing access to the GTA.  The town is sought-after by young families as it is boasts exceptional infrastructure while still offering beautiful connections to nature via countless green spaces and parks.

Starting a practice today, will easily cost $750K and can easily end up at $1M.  Then you need to invest more time and money to hopefully breakeven in 12 to 18 months.

This office is situated in a health-based plaza which offers a wide range of professional offices to attract patients such as medical clinic, pharmacy, physiotherapy to name a few. This plaza receives a great amount of inbound traffic throughout the entire day.  There are just under 200 active patients resulting in gross revenue of ~$230K in 2023, with a very limited schedule.  Opportunities abound in this clinic.

Our client secured an excellent lease with exclusivity, no demolition or relocation clause.   Current term ends in 2029 with 2 additional 5-year renewals.  This 1,400 square foot dental facility was completed in 2020. There are 4 fully equipped operatories.  The layout offers a welcoming waiting area, sterilization area, pan room, 2 washrooms (1 patient & 1 private) as well as a comfortable staff room.   To have a quick view of the clinic, please click here for a 30-second tour.

Highlights of this facility include:

  • 4 fully equipped operatories
  • Business office, Staff room, Consult room
  • 2 washrooms in the office
  • Located in a beautiful, modern healthcare plaza
  • Setup is fully digital (charting & x-rays)
  • Ample, free parking

For more information, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Oly, Sales Representative.

5019

Vaughan

In “The City Above Toronto,” we are excited to offer a large 7 operatory practice in a retail plaza setting. This large plaza is located at the intersection of two major arteries. This is a busy plaza, and there is only one dental practice, one that enjoys exclusivity in the plaza. The practice has been here since 1986 and has been under the current ownership since 2018.

The practice is primarily owner-operated, although there is no dentist on Wednesdays or Fridays due to other commitments. A part-time associate attends the practice every other Saturday. Three hygienists keep busy, providing 6 days of hygiene per week and contributing 35% of the gross production.

The lease runs to October 31, 2029, although the landlord has expressed interest in negotiating an extension with the new owner.

Annual production is approximately $1 million based on 4 days of dentistry per week. There are approximately 1,400 active patients and 15-20 new patients each month. There is plenty of opportunity to expand the scope of this practice and room to do it. A committed owner should do very well here.

Conditions of this sale are as follows:

  • A profile of the practice can be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement
  • An Open, by appointment, will be held on Sunday, February 11, 2024
  • The full appraisal will be provided to interested parties who have registered for the Open 2 days prior to the Open
  • Offers will be due not later than Friday, February 23, 2024
  • The preferred closing date is March 31, 2024

For more information or to book an appointment for the Open on Feb. 11th, contact Bill Alton, Sales Representative.

5015

  Toronto

Do you wish to make a real estate investment that is married to your professional skill set? Do you want freedom to practice unencumbered by callous landlords? Perhaps you wish to live in or potentially derive passive income from leasing a unit. Do you wish to make a two-fold investment and build equity in not only a real estate play but also a professional practice and then sell when and how you want without the concern of a potentially distressed lease? You get it…….

This is a special opportunity to become rooted into a neighbourhood that blends a charming historic Toronto location with a well-established goodwill foundation to build upon. Enjoy succeeding a late career, gentleman dentist who is more than happy to work a reduced schedule moving forward, allowing for optimal goodwill transfer.

Owning this dental office is ideally suited to an owner operator looking to create equity in a business and building that would ordinarily have natural barriers to entry. With light rail and high street convenience literally on your doorstep, the opportunity screams for the vigour of a new owner bringing modern ideas and energy to a community favourite.

Highlights of this practice:

  • Own the real estate
  • Exceptionally low AR
  • Public transit on your doorstep
  • ~800 active patients
  • ~10 new patients per month
  • 90% of patients live close by
  • Hygiene program led by our owner. Hiring a hygienist is an immediate growth option
  • Significant scope to increase the practice opening hours and staffing levels
  • The practice is mostly non-assignment
  • Significantly under marketed given the abundant storefront visibility

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, 8th February 2024
  • A Confidential Open (by appointment only) will be held on the morning of Sunday, 11th February 2024
  • The Practice Appraisal, in its entirety will be released electronically to interested parties on Monday, 12th February 2024
  • Offers are due on or before Noon on Thursday, 22nd February 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 Spring 2024

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

 

 

 

 

 

5018

Sudbury – Real Property included in the Asking Price

Additional Open Scheduled March 17, 2024

ROI Corporation is honoured to bring this unique opportunity to the market in Sudbury. If you are interested in walking into a facility that is equipped to operate from day one, this is your opportunity. If you are concerned about your lease and want to have control of your premises, this is your opportunity. If you are looking for an opportunity in Northern Ontario to fulfill your destiny in a mature but underserved area of the city, this is your opportunity.

Both the building and the lot next door (currently being used for parking), as well as the dental fixtures, are to be sold.

With fantastic curb appeal, the building housed a specialty practice from 1996 and has three fully equipped operatories on the main floor. The office is spacious and has room for expansion. It is situated central to several neighbourhoods with relatively little dental competition. It has been very well maintained and upgraded. As an added bonus, there are two residential apartments upstairs to help offset finance charges.

It is on a busy thoroughfare with high visibility and very close to a significant commercial hub. Growth is certain with an intelligent marketing plan.

With banks becoming more and more restrictive about lending policies, owning your own real estate assures both peace of mind and an opportunity to build your wealth while also building a practice in a turn-key facility.

Highlights of this facility:

  • Income-producing residential apartments offset carrying costs
  • Available immediately
  • Complete control of your premises
  • Stand-alone Real Property available
  • 2,384 sq. ft.
  • high-density residential area
  • heavy pedestrian traffic store-front office
  • two washrooms in the suite
  • ample parking

Additional Purchaser/Advisor Information:

  • A Practice Highlights page will be provided within 48 hours of your request
  • A Confidential Open will be held on Sunday, March 17th, 2024
  • The Appraisal will be distributed to qualified purchasers
  • 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 Dr. Drew Markham, Sales Representative.

5012

Mississauga

This is your opportunity to own a fabulous practice in the highly desirable city of Mississauga. This family practice is located in a retail plaza in an established residential area bordering one of the city’s main streets. The practice is on the ground floor, store-front, with other tenants including MD’s and optometrists. Truly, an excellent location.

The practice was originally established in 1990 and has been under the current ownership since April 2021. It consists of 4 operatories plus a PAN, private office/consult room, private office, and staff room in approximately 1,300 sq. ft. It shows extremely well and would make any owner proud. The lease extends to 2042 (current term to 2032) and the practice enjoys exclusivity for dentistry in the plaza. Rent is approximately $5,500 per month.

In addition to the owner, there are two part-time associates and two hygienists who work 9-10 days of hygiene per week. Some, but not all, staff are on written agreements. Other highlights of this practice include:

Highlights of this practice include:

  • Annual production approx. $1.8MM
  • 1,700 active patients plus 500 semi-active patients
  • 20-30 new patients per month
  • Non-assignment
  • Digital and paperless
  • Tracker practice management software

Additional Purchaser/Advisor Information:

  • A profile of the practice can be provided to qualified applicants who have completed a ROI Corporation confidentiality agreement

For more information or to book an appointment contact Bill Alton at bill@roicorp.com

 

5008

Welland, Ontario – Property Available – Asking Price: $750,000

Discover Your Visionary Opportunity in the Heart of the Niagara Region! Optometry Practice for Sale – Your Gateway to Success!

An exceptional opportunity awaits you in the picturesque Niagara Region, where pristine landscapes meet thriving communities. We present an esteemed optometry practice that is a legacy of eye health and community care.

State-of-the-Art Facilities: Step into a practice that boasts modern and well-equipped facilities. From advanced diagnostic equipment to a stylish and inviting waiting area, every aspect of the practice reflects a commitment to providing the highest standard of care. The turnkey operation allows you to seamlessly transition into a thriving business without missing a beat.

Highlights of this practice include:

  • 2 equipped exam rooms. One ready to equip.
  • Well-established practice
  • ~9,800 appointments in the past 2 years
  • The practice condo unit is also available for sale, helping the new owner build equity while securing the practice’s long-term success.

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.
  • A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due within 48 hours of offer acceptance.
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.

For more information or to schedule an appointment, please get in touch with Lance Edwards, Sales Representative.

 

 

5007

Northwestern Ontario

Are you a passionate optometrist looking for an incredible opportunity to own a well-established practice in a charming small town? Look no further! We present an exceptional chance to take the reins of a successful and respected optometry business that has been an integral part of the community.

Location: The practice is ideal for sporting or outdoor enthusiasts and those who will enjoy the town’s many social activities, vibrant art and entertainment events. There are all the big-city experiences in a small-town environment. This close-knit community values personalized eye care. This practice is the perfect setting for a dedicated optometrist seeking a fulfilling professional and personal life balance.

The Practice: Our optometry practice has built a solid reputation over the years, providing comprehensive eye care services to generations of satisfied patients. With a loyal customer base and state-of-the-art equipment, the practice is turnkey and ready for you.

Highlights of this practice include:

  • Established Clientele
  • Modern Facilities
  • Experienced Staff
  • Community Reputation
  • Turnkey Operation
  • The owner is committed to ensuring a smooth transition and will guide you during the handover period to ensure your success.
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.
  • A certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice is due within 48 hours of offer acceptance.
  • 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 Lance Edwards, Sales Representative.