Region: Ontario

Hamilton/Burlington Area

ROI Corporation is proud to represent this well-established office, serving the community for almost 25 years.  Our client purchased the clinic in 2015 and wishes to sell it for personal reasons.  While our client works 12 hours per week and there are associates, this is the perfect office for a first-time owner.  The team consists of 1 hygienist, 2 assistants, and 1 receptionist/office manager.   Annual production is approximately $837,000, with 36% coming from a strong hygiene program, and approximately 35+ total outbound referrals are made monthly for ortho, implants, surgeries, and pediatrics.  Patients of this practice have a strong dental IQ.

The patients are a mix of ages and cultural backgrounds, and the majority live or work in the area.   The practice is assignment, and most patients have comprehensive insurance coverage with the current provincial fee guide followed.  The majority of patients come in every 3-6 months for their recalls.  While this is an assignment office, all co-payments are collected, and accounts receivable are nominal, showing the strength of the business operations.

Located in a plaza with ample parking for patients.   The office itself is well laid out, and approximately 1,670 square feet is fitted with 3 fully equipped operatories with a fourth plumbed and wired. The sterilization is fully compliant with all IPAC protocols.  The current lease has 6 years left however, since the clinic has operated out of the same location for the past 25 years, additional renewals should be easily obtained and our client felt it best to leave this to the successful purchaser.  There is no demolition clause.

Highlights of this practice include:

• 36% hygiene program
• 35+ cases referred out each month
• Very low accounts receivables
• No marketing or advertising with only internal referrals

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

Burlington – Updated –  Wellness Clinic is now also available for sale to interested parties

ROI Corporation is excited to bring to market this thriving, semi-specialty practice located in a charming three-story converted house in one of the most sought-after areas of the western Greater Toronto Area.

Since opening in 2021, this practice has experienced a steady month-over-month revenue increase and continues to do so during its transition to being heavily associate-driven. The associates have seen most patients since July and are expected to carry on in this capacity.

A standout feature of this practice is its specialization in treating “tongue-tie” (ankyloglossia) through frenectomies. The associates, who are all under long-term contracts, have been trained over the course of months by the owner and can continue to provide these services in the same manner post-close. This specialization allows for a large number of patient referrals, generating over 100 new consultations each month. It is not unusual for the families associated with these referred infants to become patients of the practice. The ability to offer this valuable service enhances patient care and strengthens relationships with referring practitioners in the community, making it a guaranteed revenue stream for the practice.

The facility features 4 well-equipped operatories, a panoramic x-ray, a private office, staff room, and laboratory with washer and dryer facilities. There is ample free parking for staff and patients, along with a prominent free-standing sign enhancing visibility. The dedicated dental team includes 2 associates, a hygienist, 2 assistants, 2 receptionists, and an office manager, all under written contracts.

Our client is looking for the right fit and would be happy to stay on for a number of months to assist with the transition. Teaching the necessary skills for this specialty and introducing them to her established referral network will ensure a seamless transition of ownership.

PRACTICE HIGHLIGHTS

• ~2,373 registered patients, 20-25 patients seen daily
• High dental IQ patients looking for comprehensive care with a holistic approach
• ~95% of patients are insured
• Open 5 days per week
• Solid referral network that was built over 5.5 years; they come in without advertising
• The vendor owns the building so a stable, long-term lease will be provided (including the first option to purchase)
• New families are being added weekly to the hygiene schedule

WELLNESS CENTER

In addition to the dental practice, our client co-owns the wellness center located on the upper floor, which is now also for sale. It works in tandem with the dental office but stands as its own separate entity (including having its own entrance). Operating both clinics allows the dentist to provide holistic care in a timely fashion for both the patient and the dentist.

The wellness center currently hosts:

• Two osteopaths, operating on Mondays, Tuesdays, and Thursdays
• Two physiotherapists, operate on Tuesdays, Thursdays, and Fridays
• A speech-language pathologist on one Tuesday of each month
• IBCLC’s (International Board Certified Lactation Consultants) come in on Wednesday mornings to support surgeries, allowing the dentist to care for babies while ensuring support for mothers

By managing the schedules of the independent contractors, you eliminate the need for referrals to external physiotherapy or osteopath services.

This business generates approximately $20,000 in monthly revenue. One room is sublet to a third party, generating $100 per day for each day it is used (currently one day per week), bringing in an additional $400-$500 per month.

More detailed information is available to interested parties that attend the Open.

Additional Purchaser/Advisor Information:

• A practice Profile will be provided within 48 hours of your request
• The full Appraisal will be available following the Open
• 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.

GTA WEST

A successful practice is the reflection of an owner’s dedication to patient care, hard work, determination, and the desire to always be improving. ROI Corporation is exceptionally proud to have the privilege of representing such an owner. This highly successful dental office has served the community for over 30 years. Our client has decided it is time for retirement from ownership and is prepared to hand over the reins to a new owner. Our client is happy to remain working as an associate but also understands a new owner may want to take over completely.   A transition will be provided to ensure the purchaser continues to benefit from the efforts of the vendor. Our client would also prefer to meet with the prospective buyer before accepting the offer when it is presented.

The team consists of 1 dentist, 2 hygienists, 2 level II assistants, 1 receptionist and a treatment co-ordinator/office manager.   Annual production is just under $1 million with 50% coming from an exceptional hygiene program.  Approximately 15-20 total outbound referrals are made monthly for ortho, implants, surgeries, and pediatrics. The traditional hours reflect a well-established owner totaling 33 hours per week.   Our vendor does not work Fridays or Saturdays, and given the residential neighborhood, hours can easily be expanded.  2 hygienists offer 48 hours weekly of treatment.  In the last 12 months, over 1000 patients were seen, and the practice averages 9-10 new patients per month. Marketing efforts are nominal, which is usually the case for these well-established, multi-generational offices.   All inbound referrals come from current patients.

The patients are a mix of ages and cultural backgrounds, and the majority live or work in the area.   The practice is non-assignment.  Most patients have comprehensive insurance coverage.  The practice follows the current provincial fee guide with the exception of restorative and endodontic treatments, dentures, crowns, bridges, and implants, all of which are 10-15% more.  The majority of patients come in every 3-6 months for their recalls.  Accounts receivable are nominal, with less than $2K total, showing the strength of the business operations.

The practice is well connected via major arterial roadways, proximity to highways, GO stations, and several bus routes, thus making it extremely easy for patients & staff to attend. The office’s signage offers excellent visibility and easy marketing to the surrounding residential area.  This well laid out office of 1100 square feet is fitted with 3 fully equipped operatories with room to expand. The sterilization is fully compliant with all IPAC protocols.  The current lease has terms and renewals until 2031 with no demolition clause.   Additional renewals are available, but our client felt it best to leave this to the successful purchaser.

The team members are skillful and devoted, and all have a written agreement with the practice.

Highlights of this practice include:

• 50% hygiene program
• Approx. 15-20 cases referred out each month
• Very low accounts receivables
• Approx. 9-10 new patients per month – internal referrals
• No providers work on Fridays or Saturdays
• Well documented protocols for practice management, sterilization, health and safety, human resources, COVID protocols, etc

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