Region: Ontario

4970

Date Posted: 2023/09/25

Facility Sale

Westport Ontario – Practice Where you Vacation!

ROI Corporation is pleased to offer a fully equipped dental facility for sale.  Located in the centre of the town of Westport, Ontario and located 1.5 hrs. from Ottawa and 45 mins. to Kingston.

With magnificent views of the marina and lake, the purchase of this office offers an exceptional opportunity to “practice where you vacation.”    This 1,000 square foot practice includes 4 operatories, sterilization, private office, reception, and staff room.  The equipment includes a Gendex panorex and intra-oral x-ray units in each operatory (non-digital).

The practice is in a one-story building.  The current premise lease expires in June 2024 and the landlord is amenable to providing a new lease for the purchaser.  The current rental rate is $1,800/month plus HST and a proportionate share of utilities for a total yearly cost of $21,600.

The vendor wishes to close the sale as soon as possible and registered offers will be presented as received.

Highlights of this practice include:

  • 4-season breathtaking views in Rideau Lakes
  • Proximity to Ottawa and Kingston
  • Fully equipped
  • Reasonable Rental rates

Additional Purchaser/Advisor Information:

  • A Feature Sheet is available now
  • Practice Open by appointment only
  • Offers are accepted anytime
  • Offers prepared on ROI template with 10% deposit required upon acceptance
  • Closing – TBD

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

4967

Date Posted: 2023/09/14

Kanata, ON – Attractive Premise Lease with Adjusted Asking Price

Premise Lease terms have become an important concern when selling a practice and landlords are reluctant to relinquish control. In this instance, we are pleased to report that the Vendor has secured a new practice lease, expiring in 2032 and negotiated the complete removal of a previous demolition clause. This ensures the practice is significantly more attractive to a new owner.

This general practice was started in 1998 and the Vendor has consistently provided a high standard of care based on a philosophy of sound treatment options.

The owner provides dental care that ensures optimum oral health. The patients are extremely loyal; many of whom have been coming to the office since its opening in 1998. Very few practices can report 2nd and 3rd generations of patients. Growing the practice through marketing or increasing specialty procedures has never been a priority.

The practice has approximately 1,200 active patients and employs 2 dental hygienists who share the 4-day work schedule (total 5 hygiene days/week). The total revenue in 2023 was $609,000, an increase of 10% over 2022. 2024 revenue is tracking at similar levels. The Vendor provides conservative dentistry, referring all specialty procedures out of the office. The practice does not accept assignment and accounts receivable are just over $1,000.00.

The practice is open 4 days/week with no evening or weekend hours and is in a professional building on a main roadway with access by public transit and free parking for vehicles.

The office consists of 4 operatories, sterilization and laboratory, private office and staff room. The practice uses Abeldent software for scheduling and payment and options are available for paperless charting. Radiographs are stored digitally.

This practice represents an excellent opportunity for a new owner to provide additional services and to increase revenue very quickly.

The owner is retiring, but willing to associate for a short period of time to facilitate the transition.

Key Advantages

  • Solo owned it for 25 years.
  • Predictable revenue year after year with steady growth.
  • No evening or weekend appointments.
  • All specialty procedures referred.
  • No assignment of benefits.
  • Attractive premise lease with no demolition clause in lease.

Key Timelines

  • Practice Profile and complete Appraisal are available now.
  • Confidential Practice Open by appointment only
  • Offers will be presented to the Vendor as received.
  • Offers prepared on ROI Share Purchase Template
  • 10% Deposit due after offer acceptance by all parties.

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

4965

Date Posted: 2023/09/13

Northwestern Ontario

Owning your own building is optimal.  Having a building included in the price of the practice is extraordinary.  ROI Corporation is thrilled to present this unique opportunity to acquire a prosperous general practice and building.

Located in a border town, this area is known as the industrial capital of Northwest Ontario.  Rural practices have tremendous opportunity – more patients, more complicated dentistry, low overhead, stronger goodwill and greater prospects for growth.

Our clients own practices in another province and have decided to focus their time and attention on those. Upon purchasing this office, the current owners set out to improve the care and efficiency of the practice through technology and systems.   New equipment was added, and the practice was digitalized.

Occupying a stand-alone commercial building, the ~2,800 sq. ft. area provides optimal space for this thriving business. Two associates are responsible for ~70% of production. A third associate has recently been hired.  One of the current owners attends the office one week per month to provide dental treatments that are of interest to them. The practice could easily be converted to fully associate-driven if that is the vision of the new owner.

The current owners’ business acumen, excellent draw area and lower overhead expenses ensure the future success and longevity of this opportunity. Within a 10km radius, there are ~11,000 residents with only 3 dental practices servicing the area. Due to the limited providers, patients travel great distances for their dental care providing a vast draw area. Lower overhead expenses are enjoyed by more rural locations when compared to their urban counterparts. Lower occupancy cost, staffing and utilities expenses help this practice’s strong bottom line. The cash earnings of the office is consistently an incredible 57% of gross.

In the last 12 months, ~2,800 patients have been cared for. Per month, a steady flow of 20-25 new patients plus 19 emergencies are received. The hygiene program could be built out further with the demand of the current patient base. Hygiene is currently booked out 4-12 weeks depending on the requested time of day. A solid 80% of the patient base have dental insurance coverage.

The town and surrounding area provide no shortage of outdoor activities to help cultivate a wonderful work-life balance. Well-connected for travel, there is easy access to the US border offering even more possibilities.

Highlights of the Practice include:

  • Building included for no additional cost
  • No landlord, demolition or rent to deal with
  • 5 operatories
  • Hospital privileges available
  • Strong Google Reviews
  • Updated sterilization area
  • Fully digital practice

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • The Appraisal will be distributed to interested parties
  • Offers will be presented to our client as received
  • Due to the remote location of the practice, your offer will include a site visit condition
  • 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 Jackie Joachim, COO & Sales Representative, and/or Constance Oly, Sales Representative.

 

4948

Date Posted: 2023/09/08

Gloucester, ON – Turn-Key Facility – Updated Financial Information

ROI Corporation is pleased to offer an attractive 3 operatory facility for sale in Gloucester, ON, an east-end suburb of Ottawa.  The facility is located on a busy thoroughfare street in a strip mall with excellent visibility.

The facility was built in 2021 and is currently operated as a shared dental/denture practice.  The dental practice is limited to implants and full mouth reconstruction and the denture/lab provides the laboratory and prosthetic services.

Because the current practice does not offer hygiene services, there is no goodwill component associated with this sale. However, we have decided to share some financial information to demonstrate what is possible in this location.

In the first year of operation, the practice billed $794K for the dental procedures and $417K for the denturist.  In the second year, this increased to $889K  for the dental procedures and $578K for the denture procedures.  This was accomplished through marketing (online and street sign) and both patient/professional referrals.

A new owner should not have any difficulty attracting patients to this facility.  In addition, to facilitate the sale, the purchase price of this office has been significantly discounted when compared to building a comparable facility from scratch.

The current denturist laboratory space is plumbed and wired for an additional 2 operatories. Floor plans for this layout can be shared with the new owner.

The 1,653 sq. ft. facility currently has a premise lease to January 30, 2031, plus 2 five-year renewals with an option to lease adjacent space if available.

Highlights:

  • 3 Midmark Chairs with DCI delivery
  • Acteon CBCT and digital Panorex
  • Digital intra-oral radiographs
  • 3 ceiling/wall mounted TVs in each op
  • Private office
  • Consultation
  • Staff room
  • 2 washrooms
  • Free on-site parking

 Additional Purchaser/Advisor Information:

  • The ROI Profile and complete Appraisal are available now.
  • Signed offers will be presented as received.
  • Closing: Upon 30 days acceptance of offer.
  • 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 Ann Wright, Senior Sales Representative.

4952

Date Posted: 2023/09/06

West GTA

Setting up a practice from scratch is no easy task.  Purchasing a warm start practice is an excellent option for someone who is excited to build their own patient base without going through the challenges of looking for a space, acquiring permits, enduring building delays and more.

ROI Corporation is pleased to provide an excellent opportunity to purchase an exceptionally designed office with approximately 600 patients.  The office opened its doors in 2018 and is located in a highly desirable location, with excellent visibility and neighbouring large big box retailers.

The location is home to many thriving businesses including major employers with excellent benefits packages.  Owning a practice in this charming and fast-growing community offers a buyer the perfect lifestyle. As a newer practice, the patient base continues to grow due to initial marketing and location.

The practice is located in an area of newly built luxury condominiums and townhomes and custom homes.  The median household income is $125,000.   Residents in this area have both insurance coverage and high dental IQ making them excellent patients.

Highlights of this practice include:

  • 3 operatories with 4th plumbed & wired
  • High quality equipment – Adec chairs, cabinetry, and sterilization area
  • Excellent technology in the office including 3Shape intra-oral scanner, Carestream Pan & 3 Carestream intra-oral x-rays
  • Approximately 2,400 square feet
  • Excellent location with high visibility
  • Solid lease with excellent renewals and exclusivity
  • The landlord has confirmed that the demolition clause will be removed with the assignment of the lease
  • 8 new patients per month without any marketing
  • Opportunity to expand hours
  • Assignment with 90% of the patients being covered by a type of dental insurance plan

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

4954

Date Posted: 2023/08/31

Halton Hills – Updated – Improved Asking Price

ROI Corporation is pleased to present to you this charming, long-standing family practice. Started more than 25 years ago, this practice is located in a small Hamlet within the beautiful Niagara Escarpment country.

Situated on the second floor of a retail plaza, this plaza, which is one of the most popular in the area, contains all the well-known and loved staples of the community. This modest practice is home to one fully equipped operatory, with three further rooms plumbed and wired for additional operating space.

Our client is retiring after enjoying a very relaxed and stress-free work schedule. She does not employ a hygienist.

This practice has fantastic potential for growth. With this in mind, the main priority of the new owner should be to focus on the following opportunities:

  • Hire a full-time hygienist to help implement a more robust hygiene program
  • The practice performed approximately 750 appointments in the last 12 months – an introduction of a community-based marketing plan to entice new patients could help increase that number dramatically
  • 10 to 15 specialty treatments are referred out each month
Highlights of this practice include:
  • Non-assignment practice
  • Nearly perfect collection protocol – just over $500 in total accounts receivables (at the time of the appraisal)
  • Ample room to expand into this 1,000 sq. ft. floor plan
  • Rent is ~$2,500 per month – well below GTA average rental costs
  • The premise lease contains NO DEMOLITION CLAUSE!
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 a ROI Corporation Confidentiality Agreement
  • Offers will be presented as received
  • 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 Amanda Kotchie, Sales Representative.

4943

Date Posted: 2023/08/21

Toronto

Looking for the perfect dental practice that’s strategically poised to benefit from the exciting developments near Toronto’s King West area? Look no further! This outstanding opportunity is your ticket to owning a thriving dental practice in one of the most promising locations in the city.

Situated just a stone’s throw away from the highly anticipated “The Well” development, this dental practice is positioned to capture the booming population set to flood the area. With three million square feet of office, retail, and residential space opening this November 2023, “The Well” is set to become a major attraction, bringing thousands of people right to your doorstep.

This “warm start” practice is ready for you to step in and take the reins. Boasting a solid foundation of 300 active patients, most of whom are local residents, you’re already off to a fantastic start. The spacious 1,375 sq. ft. facility houses four fully equipped operatories, offering ample room for growth and expansion.

As an associate run practice, revenue has been consistent year over year but primed to significantly increase with the right ownership at the helm. Hygiene services alone represent approximately 28% of the total revenue, with significant room to expand operation hours and days to cater to the rising demand.

As numerous condo developments spring up around the practice, you’re perfectly positioned to capitalize on the area’s rapid expansion. With “The Well” drawing people from all corners, your practice will be at the heart of the action.

Securing your future, the practice comes with an exceptional long-term lease featuring no demolition clause and dental exclusivity. Your tenure is safeguarded until 2035, allowing you to establish a lasting presence in this thriving community.

This is your chance to acquire a well-established practice with immense growth potential. The current owner’s diversified commitments present a unique opportunity for you to step in and make your mark. Don’t miss out on this buyer-friendly asset sale primed for success.

Highlights of this practice include:

  • Buyer-friendly asset sale
  • Clinical records, charts, and X-rays are stored digitally
  • Hygiene codes represent roughly 28% of the total revenue
  • Ample room to expand on hours and days of operation
  • An exceptional long-term lease with no demolition clause, offering tenure up to 2035 and dental exclusivity

Additional Purchaser/Advisor Information:

  • A practice profile will be available upon request
  • The Appraisal will be distributed by email 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, please contact Doron Eisenberg, Sales Representative.

 

4944

Date Posted: 2023/08/02

Guelph – Improved Asking Price – was originally listed for $948,840

The vendor is willing to assign a new, secure long-term lease OR sell the real estate.

Real Property Asking Price: $1,550,000 – (Appraised Value – $1,600,000)

ROI Corporation is proud to present this consistent, long-standing general dental practice located West of the Greater Toronto Area.

After over 40 years of providing compassionate dentistry to this community, our client is ready to transition out of ownership and pass the care of this loyal patient base to a new owner.

This opportunity is well suited for virtually any dentist, as the clinic offers minimal specialty treatments, and an efficient hygiene program produces ~30% of the practice’s revenue. Currently open four days per week, with no evenings or weekends, the opportunity to expand hours and increase revenue is easily realized.

The practice enjoys excellent street exposure, ambient natural lighting and substantial free parking for patients and staff. This spacious, four-operatory facility includes an impressive amount of administrative and staff space, including three private offices, a staff room, a consult room, and more.

The option to purchase the real estate is available, providing significant security to both the practice and property investments. The building features a 3-bedroom apartment on the top floor, offering an additional income stream and the opportunity for future expansion as the practice continues to grow.

This is an excellent opportunity to purchase an established practice and the accompanying real estate in a desirable location.

Highlights of this practice include:

  • Be your own landlord by purchasing the real estate
  • Digital radiography, including a pan
  • No marketing is currently being done
  • All employees are on a written contract
  • The office is primarily non-assignment, with accounts receivables managed below the industry standard
  • An incredible amount of room to expand the practice in the future
  • 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)
  • The Appraisal will be distributed to qualified candidates 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 information or to schedule an appointment, please contact Nicholas Boyle or Alexis Sweetnam, Sales Representatives.

4939

Date Posted: 2023/07/21

Mississauga – Improved Asking Price

Our vendor is motivated to work with a purchaser.  The asking price has been reduced.

Our client is now confident that the landlord (Smart Centers) is willing to supply a 10-year term with no demolition clause.

ROI Corporation is thrilled to present an exceptional dental practice located in a bustling community, offering an incredible opportunity for ambitious dentists or seasoned professionals looking to expand their portfolio.

Our late-career client is willing to remain as a part-time Associate.

He is also pursuing a new career with the Locum Lifestyle™.
At present, he travels to northern Ontario one week per month to assist ROI Corporation, i-Dentist™ clients to serve their remarkably busy offices and overwhelming new patient flow.

 

Located in a Smart Center, a big-box plaza at a major intersection, this impressive dental practice enjoys dental exclusivity. Surrounded by anchor tenants including Walmart Super Centre, LCBO, HomeSense, Winners, CIBC, and other renowned national retailers. A prominent sign is strategically positioned beside the main entrance to the plaza, ensuring high visibility.

Step into a modern, professionally decorated, well-equipped 1,660 sq. ft. dental facility designed to provide the utmost comfort for over 1,200 patients. From spacious and inviting operatories to innovative technology, this practice offers a premier dental experience. With 2 fully equipped dentist ops, 2 fully equipped hygiene ops, and 2 additional fully plumbed and wired ops, providing ample room for growth.

Embracing modern business systems, the practice utilizes the latest version of ABELDent, a text/email patient notification system, and fully digital X-rays, including the Panorex. With a high-quality patient base and excellent management, the practice experiences very few bad debts or write-offs, all while accepting assignment of insurance benefits. The practice is currently transitioning to paperless charting, all available on the current ABELDent software, with no upgrade required. Each operatory is equipped with intraoral cameras, ensuring accurate diagnoses and enhanced patient education.

Additional growth can be captured by expanding upon the office hours as the practice is currently open 5 days/week with no evening or weekend hours, except for one Sunday of occasional months.

NOTE: Our client has been attending the office only 3 weeks per month since February of this year. He utilizes the 4th week of each month to offer his Locum services in northern Ontario.

Do not miss this extraordinary opportunity to take over a thriving dental practice in a prime location! Contact ROI Corporation today to learn more and make this dental practice the next step in your professional success.

Highlights of this practice include:
  • Superior hygiene program, accounting for more than 38% of gross income
  • Brand new, current-generation digital periodontal Laser used by the hygiene team
  • A glass-enclosed consultation room for private patient discussions
  • Excellent vehicle traffic exposure due to the proximity to the main entrance to his large Smart Center
  • Exceptional online reviews, reflecting the practice’s commitment to patient satisfaction.
  • 90% of patients are insured and live or work in the surrounding area, providing a stable patient base
  • On OMFS visits for one day every 6 weeks and is paid 50% of fees
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 purchasers
  • 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 your offer on our standard form
  • For more information or to schedule an appointment, please contact Timothy A. Brown, Sales Representative.

 

 

4929

Date Posted: 2023/07/10

Burlington

ROI Corporation is proud to present an exceptional opportunity to purchase a dynamic, high-end family practice located in Burlington, Ontario.

Since moving an established practice into this current location in 2018, this practice has grown and flourished, utilizing state-of-the-art equipment, exceptional brand marketing and a commitment to creating an elevated dental experience which has resonated with patients who attend the highly convenient location.

Generating an average monthly production of more than $97,900, this practice is serviced by a comprehensive team of associates. The Vendor does not work at this clinic. The practice is fully digital (x-rays and charting) and makes use of its digital panoramic X-ray and intra-oral scanner.

Excellent exposure and high foot traffic levels, contributing to 50+ new patients a month. Spanning 1,544 sq. ft., a modern and professionally designed facility offers 5 fully equipped operatories, a staff room, a consultation room and more.

This is an excellent opportunity to purchase a growing practice in a highly desirable city in the Greater Toronto Area.

Highlights of this Practice Include:

  • Long-term, secured lease extending until 2034
  • 1,455 active patients
  • Associates all on signed agreements
  • Employees all on signed agreements
  • AAA location

Additional Purchaser/Advisor Information:

  • A practice profile will be available to qualified purchasers requesting information.
  • The Webinar will be recorded. If you are not available to watch it live, we still encourage
  • you to register as it will be sent to those who qualify following the live event.
  • CLICK HERE TO REGISTER FOR WEBINAR
  • A Virtual Tour will be provided to qualified parties
  • The Appraisal will be available to all qualified purchasers
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

 

For additional information, please contact Robert MacDonald and Nicholas Boyle, Sales Representatives.