Region: Ontario

5104

8 Dovercourt Road, Toronto, ON

Downtown Toronto Dentists!

Art Condos is an award-winning, 11-storey boutique condo in Toronto’s trend-setting fashion district. This innovative masterpiece captivates with its prime location, offering a ground-level retail, office, medical, dental, veterinary, fitness/flex space opportunity to maximize exposure to the bustling foot traffic. It is conveniently located within walking distance of popular hot spots like Queen Street West , Liberty Village, and the Ossington District. Plus, the Liberty Village GO Transit Hub is under development just steps away.

Highlights of this Space for Lease Include:

  • 1,729 sq. ft. of prime space with frontage onto both Sudbury St. and Dovercourt Rd.
  • Minimum Rent $30/sq. ft. net, $25/sq./ft. additional rent (estimated)
  • 1.3 M population within 10 km radius, with $150K average household income
  • Incredible location across from Liberty Village GO Transit Hub

GOOGLE MAPS LINK

Additional Purchaser/Advisor Information:

  • Length of term negotiable – no demolition clause!
  • Proximity to luxury residential condos (same building)

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

5100

55 Dunlop St, West, Barrie ON

Barrie Dentists!

An exceptional opportunity to increase your profile in downtown Barrie has come to market! Imagine yourself in a stunning 2-floor corner suite in Barrie’s newest condo development at the corner of Mary St. and  Dunlop St. Incredible frontage and access to all of the professional buildings and municipal offices in the downtown core will provide instant access to high income, high value patients. This would be ideal for the dentist or specialist who is outgrowing their space, or is in a distressed existing lease. A well branded practice with ground floor access at www.debutcondos.com will be recognized city-wide.

Highlights of this Space Include:

  • Open floor plan across two floors with dedicated elevator
  • 60 ft. of frontage with exceptional natural sunlight overlooking the farmers market and Kempenfelt Bay.
  • Ground Floor: 941 SF
  • Second Floor: 1,889 SF
  • Possession – Q4 2024
  • Minimum Rent $50/sq. ft. ground floor, $25/sq./ft. second floor
  • CAM & Realty Tax estimated to be $20.00 per SF per annum

       

Google Maps Link:

https://maps.app.goo.gl/kKZshA67qXQ5BdjM9

Additional Purchaser/Advisor Information:

  • Length of term negotiable – no demolition clause!
  • Proximity to luxury residential condos (same building)

 

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

5085

Brampton

A spacious practice located in a high traffic, retail plaza in Brampton is available for purchase. The plaza was built in 2010 and in addition to the dental office there is a medical clinic, optometrist, medical spa and pharmacy, among other tenants. The dental office is ground floor and wheelchair accessible, with excellent signage and visibility. It was established in 2019 and enjoys exclusivity for dentistry in the plaza.

The current lease term runs to June 30, 2029 with two 5-year renewal options and no demolition or relocation clauses. The practice is a generous size of almost 3,000 sq. ft. and contains 6 operatories, of which, 5 are fully equipped. Additionally, there are 4 private offices for consults, associates etc. Topping it all off is a boardroom which would be ideal for study club or even the possibility of an ortho suite. Because this is such a large corner office there are several entrance points to the practice.

Inside, the practice is modern, attractive and well appointed. The current owner makes use of up-to-date technology, including a CEREC and CBCT pan. The practice management software is Tracker. The owner’s spouse serves as the associate in the practice. Additionally, they own a second practice in Milton and divide their time between the two locations. At the subject Brampton practice, there are intended to be 4 days of dentistry and 4 days of hygiene each week. Unfortunately, due to the serious illness of a close family member in India, the practice owner has been spending extended periods of time there to the detriment of the subject practice, as the one dentist has to cover both locations. The result is that hygiene has been dominating the overall production recently, representing 75% of the total.

While the practice averages $700K annually, a practice of this size in this location has the capacity to handle much more, which will undoubtedly happen with a new, more committed owner, and the practice could easily accommodate two or more dentists.

Additional Purchaser/Advisor Information:

  • A Practice Profile will be provided to within 48 hours of your request
  • A confidential Open, by appointment, will be held on Sunday, July 7th
  • The full appraisal will be provided 2 days prior to the Open to those who have booked an appointment to see the practice.
  • Offers will be due on or before Friday, July 19th
  • The vendor’s preferred closing date is August 30th

For more information, or to book an appointment to see the practice on Sunday, July 7th, please contact Bill Alton, Sales Representative.

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
  • Individual appointments to view the practice will be arranged
  • Offers will be presented to the Vendor 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, 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
  • Appointments to view the practice are available
  • Offers will be submitted to the 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, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.

 

5093

City of Ottawa – west-end

Revised Asking Price – $799,000 or best offer.

Vendor is motivated to transition to retirement – 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 a 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 and complete Appraisal are available now
  • Confidential Practice visits by appointment
  • 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.

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

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.