Region: Ontario

Ottawa – Condo available – asking $210,000

This solo-operated 25-year-old Practice offers the unique opportunity to purchase both the Practice and the property. In today’s business climate, the option to own your property is highly attractive as an investment and guarantees long-term occupancy. Located on the ground floor, this Practice occupies a corner unit in a professional medical condominium building with a private parking lot. The building is located on a main thoroughfare with access to public transit. The 800 sq. ft. suite consists of 2 operatories with room to build a 3^rd, a private office, a business office, and a stericentre. The X-ray area is located in a separate area. The Vendor is installing intraoral digital radiography. There is no panorex. However, the X-ray area is ready for the installation of a panorex unit.

The Practice is currently open 3 days/week and employs one dental hygienist and one dental assistant/receptionist. The dental hygienist works 2 days/per week and assists chairside when available.

This Practice consists of a long-term, loyal client base who value the owner’s attention to patient care. There are approximately 160-200 active patients who generate approximately $160K in annual revenue. Net earnings to the owner is 50% after adjustment for rental income. This Practice will be particularly attractive to a dentist who is interested in working part-time and owning their own Practice and property. There is also a tremendous upside for a new owner who is interested in adding endodontic and orthodontic treatment to the Practice.

Key Timelines for Purchasers

• The Confidential Practice Profile is available now.
• Valid, complete Offers will be presented to the Vendor upon submission.
• All offers will be prepared on the ROI template for review by your advisors.
• Closing is preferred within 60 days of acceptance of the agreement by both parties.

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

Updated Appraisal as of November 8^th, 2022

Hamilton

A well-established practice situated ground floor in a retail plaza, with exclusivity for dentistry in the plaza. Tenants of the plaza include a medical clinic and pharmacy. It is a very sound practice with few social service patients and low accounts receivable. There are 700 – 800 active patients. While there is a good hygiene program, the hygiene is done by the dentist, together with restorative and fixed and removable prosthodontics.  The practice has an experienced staff plus an in-house dental lab with an experienced dental technician.

Highlights of this practice include:

• Current ownership since 1999
• 3 operatories in 1,065 sq. ft
• 500 sq. ft finished basement with an in-house lab. Basement rent is free of charge, as written in the lease
• 4-day week, Mon-Thurs
• Most complicated extractions, ortho and endo cases are referred out
• Annual production approx. $325K
• Practice software is digital ready, offering the opportunity for conversion to a paperless office
• The lease extends to 2035 with no demolition clause

This practice offers a very solid base for a new owner to build on and represents good value for a prospective purchaser. The principal dentist is willing to stay on as an associate to facilitate a smooth transition.

For more information about this opportunity, or to arrange to see the practice, please contact Bill Alton, Sales Representative

Greater Barrie Area

ROI Corporation is proud to present this practice and building for sale, located a 1 hour and 45-minute drive from Toronto.

Producing over $74,000 per month on average, with over 35% of this revenue being produced by an efficient hygiene program. Our client is only available to attend the practice 3 days per week and thus refers out a vast amount of specialty work each month. This allows the successful purchaser to retain these services in-house and instantly increase revenue.

Purchased in 2008 from ROI Corporation and originally opened in the 1970s, this practice has provided patient care to this community for over 50 years.

Positioned on a main thoroughfare and minutes from the water, this practice enjoys unparalleled exposure. The newly revamped facility is home to 5 fully equipped operatories, a sterilization area, a staff room, private offices and more.

Please note this practice serves social service patients and NIHB.

After owning the practice for 14 years, our client would like to exit the responsibilities of ownership and spend more time with their family, where they have relocated approximately 5+ hours from the practice.

This is a great opportunity to purchase the practice along with the building. The building asking price is $755,000.

Highlights of this practice include:

• Be your own landlord by purchasing the building
• All employees on written agreements
• 1,200+ unique patients seen in the last 12 months
• 22+ New patients per month
• Well managed accounts receivable

Additional Purchaser/Advisor Information:

• A practice profile will be available to all purchasers requesting information
• The Webinar will be recorded.
• CLICK HERE TO REGISTER FOR WEBINAR
  • A confidential Open will be by appointment only
  • 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 Nicholas Boyle, Sales Representative.

Ottawa- Suburb

ROI Corporation is proud to present a general, solo-owned practice in one of Ottawa’s most desirable communities.  The Vendor has built a loyal patient-centred practice that focuses on the highest standards of care.  The result is a thriving practice with an exceptionally strong recall component.

The practice hours of operation are 4 days/ week with no evening appointments.  The Vendor is solidly booked for 3 months and three dental hygienists provide a total of ten hygiene days/per week.  The Vendor works with the restorative dental hygienist for two days/per week.

The practice offers a significant opportunity for a new owner to increase revenue.  One hundred percent of endodontics,  periodontics, surgery and orthodontics are referred out of the practice.

The 1,900 sq ft practice is located in a professional building with 5 identically equipped operatories.

In order to protect the confidentiality of the practice,  we will be following a pre-screening process.

The Pre-Screening Process:

• Upon receiving your request for more information, you will be provided with a Practice Profile.
• Additional information will be provided upon your completion of a Buyer Application
• Interested buyers will have a private one-on-one interview with Ann Wright.

Key Dates

• The confidential practice open is scheduled by appointment.
• Complete Appraisal will be released following the OPEN
• All offers will be prepared by ROI Corporation on our standard forms for your lawyer’s review.

For more information or to schedule an appointment, please contact Ann Wright, Sales Representative at ann@roicorp.com or 613-769-6582.

Toronto

Approaching 3 decades of practice at this location, the subject office has an impeccable reputation amongst a devout patient base and the wider community. The right successor has an opportunity to inherit this trust based dynamic that our client feels privileged to have had the opportunity to foster at this multi-generational clinic.

Located between two highways on a major throughfare that intersects the city, the office enjoys exceptional ground floor, south-facing exposure that facilitates a great workplace environment, an enjoyable patient experience, and acts as a beacon for new patient capture. The space has had multiple renovations over the years, maintaining a modern yet unpretentious environment that welcomes patients into an environment that promotes discursive dentistry, allowing patients and their families to subscribe enhanced dental procedures

This general practice will suit a confident, experienced dentist that could thrive in such an environment, benefitting from a multitude of surgical and aesthetic referrals that patients would be more than happy to complete at this location.

Highlights of this practice include:

• All associates and staff have employment contracts
• The hygiene program generates over 31% of gross billings
• Notable referrals for Surgical and Endodontic procedures.
• High-volume vehicular traffic with exceptional parking for staff and patients
• Secure premise lease in a service-driven plaza extends to 2036
• Fully digital office – 5 well-equipped, technically proficient ops
• 1400 active patients
• The owner will make themselves available for a healthy transition and is keen to continue treating orthodontic cases for the foreseeable future

Additional Purchaser/Advisor Information:

• A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation confidentiality agreement
• A Confidential Open by appointment only
• 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.

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

West of Ottawa

Practice:  $2,900,000.00,    Property $1,000,000.00

A successful practice reflects an owner’s dedication to patient care, hard work, determination, and the desire to continually improve. This practice reflects all these characteristics due to the owner’s philosophy of placing patient care as his highest priority. His success over 25 years reflects this commitment. After a rewarding career, our client has decided the time for retirement has come and, therefore, is prepared to hand over the reins to a new owner. He will only consider a minimal transition period.

ROI Corporation is proud to represent this outstanding practice and building for sale.

This unique offering will support two full-time providers. An essential key to ongoing success will reflect the new owner’s commitment to live and work in the community.

A practice of this caliber is a rare opportunity and due to the location of the practice, we will follow a pre-screening process.

The Pre-Screening Process:

• Upon receiving your request for more information, a buyer application will be sent for your completion.
• Interested buyers will have a private one-on-one interview with Ann Wright and must submit a completed application.
• Qualified buyers will also be asked to provide confirmation from their lender supporting the capability to qualify for financing at this level. We are aware that a lender cannot give a blanket authorization but can at least provide comfort in allowing us to know this transaction can be completed.

Additional Purchaser/Advisor Information:

• Practice Information Booklet released to qualified buyers after interview
• Appraisal and Video released following the OPEN
• ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
• Our client wishes to close in December 2022 or January 2023

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