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
- 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 Alexis Sweetnam, Sales Representative.
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.
- CLICK HERE TO REGISTER FOR WEBINAR
- 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.
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
Orangeville – Update
Our client is extremely motivated to sell. Therefore, our new asking price, $325,000 – reduction of ~$240,000.
Update: We have recently come to learn that a new 8-storey condo is proposed for the space directly across from the dental office. This represents potentially 200 new patients for this office. The landlord is invested in the success of this plaza as they are an owner-operator of a business in a neighbouring unit.
This beautifully designed dental facility 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.
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.
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
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
- Offers will be presented to the Vendor as received
For more information, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Walker, Sales Representative.
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.
Welland, Ontario – Improved Asking Price – Property Available – Asking Price: $599,999
This is an excellent opportunity for anyone looking to become a practice owner and their own landlord.
The Doctor is motivated to sell, and the picturesque Niagara Region offers an exceptional opportunity to own an esteemed optometry practice with a legacy of eye health and community care. The practice is well-equipped with state-of-the-art facilities that provide patients with the highest standard of care. The practice stands out with a modern and stylish waiting area and advanced diagnostic equipment. It is a turnkey operation that allows you to transition seamlessly into a thriving business without hassle.
Highlights of this practice include:
- 2 fully equipped exam rooms. One ready to equip.
- Well-established practice
- ~9,800 appointments in the past two years
- Additionally, the practice condo unit is also available for sale, which will help the new owner build equity and ensure the long-term success and stability of the practice.
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.
YORKVILLE
URGENT: Sadly, our client passed away yesterday. She had not worked in the practice for many years due to a long-term illness.
This is now an immediate sale. Yorkville, Toronto location.
Associates continue in place to provide care for the patients.
Do you tend to embrace opportunities for strategic growth? This is the ideal moment for both the visionary new owner ready to build their dream office and individuals with an existing practice in the area.
The growth opportunity lies in the lease: with an insightful perspective, consider this an opportunity for strategic planning. You have 4½ years remaining on the lease’s current term, with an additional 5-year renewal option to extend your presence. There is an impending building sale, which will likely result in demolition and relocation, and although the sale is scheduled to close in July 2025, there has been no notice of demolition at this point.
This relocation becomes a chance for a new owner to explore new horizons and position your business for even greater success in a fresh and dynamic location. Take over the practice in its current location and welcome over 1,000 active patients from day one. In the coming years, familiarize yourself with the patient base and staff while planning for the probable move when the time comes.
For individuals with an existing practice in the area, this opportunity is perfect for seamlessly integrating a loyal, multi-generational patient base to drive immediate revenue growth. This well-established family practice has proudly served the community for over four decades, so you can expect intelligent patients.
Presently, this practice is entirely associate-driven, with 4 associates providing just over 60 hours of dentistry per week, complimented by 3 hygienists delivering just under 70 hours of hygiene treatment per week. There is also an office manager, receptionist and 2 assistants.
The Vendor is open to flexible terms of sale amidst the pending demolition, including a possible vendor financing option.
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- Showings are available upon request
- Offers will be presented as submitted
- 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 Amanda Kotchie, Sales Representative.
DOWNTOWN TORONTO – previously listed as Ref # 4842
Do you tend to embrace opportunities for strategic growth? For both the visionary new owner ready to build their dream office, and individuals with an existing practice in the area, this is the ideal moment.
The growth opportunity lies in the lease: with an insightful perspective, consider this an opportunity for strategic planning. You have 4½ years remaining on the lease’s current term, with an additional 5-year renewal option to extend your presence. There is an impending building sale which will likely result in demolition and relocation, and although the sale is scheduled to close in July 2025 there has been no notice of demolition at this point.
For a new owner, this relocation becomes a chance to explore new horizons and position your business for even greater success in a fresh and dynamic location. Take over the practice in its current location and welcome over 1,000 active patients from day one. In the coming years, familiarize yourself with the patient base and staff while planning for the probable move when the time comes.
For individuals with an existing practice in the area, this opportunity is perfect for seamlessly integrating a loyal, multi-generational patient base to drive immediate revenue growth. This well-established family practice has proudly served the community for over four decades, so you can expect intelligent patients.
Presently, this practice is entirely associate driven, with 4 associates providing just over 60 hours of dentistry per week, complimented by 3 hygienists delivering just under 70 hours of hygiene treatment per week. There is also an office manager, receptionist and 2 assistants.
The vendor is open to flexible terms of sale amidst the pending demolition, including a possible vendor financing option.
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- Showings are available upon request
- Offers will be presented as submitted
- 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 Amanda Kotchie, Sales Representative.
Kitchener/Waterloo
Approaching a half-century of practice in “KW” the subject office has an impeccable reputation amongst a devout patient base and the wider community. Consistent, patient-centric, conservative dentistry has been served up throughout this time, resulting in a surplus of both quality and quantity across all metrics.
Under the guiding hand of a detail-oriented and passionate medical professional, the practice enjoys continuity in the form of a single owner, a long-term associate, experienced hygienists and tenured administrative staff that have quietly and consistently “done the right thing,” forming outstanding bonds with the people they serve.
The office has been at the current location for almost 30 years, steadily growing on continued internal patient referrals and being a convenient commute for the abundant upper-middle-class neighbourhoods that surround its location. Our successor will enjoy a confluence of beneficial circumstances to thoughtfully leverage moving forward.
Highlights of the practice include:
- Diagnostic – 13%, Preventative – 35%, Restorative – 39%
- Notable referrals across all disciplines
- High-volume vehicular traffic with exceptional parking for staff and patients
- Secure premise lease
- Digital office – 4 bright well equipped technically proficient ops
- Room and reason to expand
- Over 2000 active patients
- The owner and staff are available to provide an ideal goodwill transition
Additional features of this practice include:
- A Practice Profile will be provided within 24 hours of request to those who have completed a ROI Corporation confidentiality agreement.
- A virtual tour will be provided to qualified parties
- A Confidential Open (by appointment only)
- The Practice Appraisal, in its entirety, will be released electronically to interested parties
- 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 Q1 2024
For more information or to schedule an appointment, please contact Mr. Robert Spillane Sales Representative.
Greater Collingwood Area
ROI Corporation is proud to present this consistent, long-standing general practice located in the Greater Collingwood Area
Situated in a street-level retail plaza and on the main thoroughfare in town, this practice has provided the community with a high level of personalized dental care for decades. Generating an average monthly production of more than $55,000, this practice has treated over 1,151 unique patients in the last 24 months.
With virtually no advertising, several specialty treatments referred out and a schedule that includes no evenings or weekends, there are ample opportunities to increase revenue within this practice immediately upon ownership.
Home to 3 fully equipped operatories, panoramic x-ray, consultation room and more, this 1,911 sq. ft facility has room to be expanded and provides a clinical environment that is welcoming to patients.
After over 26 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.
Highlights of this practice include:
- Long-term lease without demolition or relocation clauses available for negotiation
- 1,151 patients seen in the last 24 months
- Digital panoramic x-ray
- Well below the industry average Accounts Receivable
- 14 new patients per month
- 31% of revenue generated by hygiene.
Additional Purchaser/Advisor Information:
- A practice profile will be available to qualified purchasers requesting information.
- CLICK HERE TO REGISTER FOR WEBINAR
- The Appraisal will be available to all qualified purchasers
- A confidential Open by appointment only
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For additional information, please contact Nicholas Boyle, Sales Representative.
