Region: Ontario

5001

Date Posted: 2023/11/08

North GTA

ROI Corporation is pleased to present this opportunity to purchase a beautifully designed dental facility! The town is sought-after by young families as it is boasts exceptional infrastructure while still offering beautiful connections to nature via countless green spaces and parks.

Situated in a busy and expansive retail plaza, this location offers a wide range of businesses as well as strong anchor tenants such as a large grocery store. This plaza receives a great amount of inbound traffic throughout the entire day. Built in various stages since 2018, the plaza is now finishing up the final building on the premises of which one of the tenants is said to be a daycare facility.

The 1,800 sq. ft. dental facility was completed in 2020. There are 3 fully equipped operatories with a potential for an additional 3! Two of the three additional operatories are plumbed, wired, and have cabinetry installed. The third is plumbed but currently used as a private office. Additionally, the layout offers incredible floor to ceiling windows in the reception area, a welcoming waiting area, sterilization area, pan room, 2 washrooms (1 patient & 1 private) as well as a comfortable staff room.

The premise lease was professionally negotiated to include an exclusivity clause. Renewal options stretch until 2038 presenting the strong opportunity to become a pillar in the community.

Highlights of this facility include:

  • 3 fully equipped operatories plus an additional 3 operatories
  • Located in a beautiful, modern retail plaza
  • Setup is fully digital (charting & x-rays)
  • Pharmacy & Medical clinic in the plaza
  • Ample, free parking

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • A Confidential Open (by appointment only)
  • The Appraisal will be distributed to qualified purchasers
  • 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

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

 

4990

Date Posted: 2023/11/07

Central Toronto – previously listed as Ref# 4506

This opportunity is ideal for a dental office in the immediate Yonge and Eglinton area.

With a few years remaining before a demolition clause may be invoked, this practice is ready to be merged with your location.

Our client has enjoyed long-term, patient relationships for over 40 years.

Currently, he occupies a large, second story, walk-up practice designed and built over 40 years ago. While patient loyalty is the hallmark of this practice, a new facility in the neighborhood would be ideal to ensure a transition of this multi-generational, high-income, and elevated dental IQ patient profile.

Our research indicates that almost 100% of patients follow a dental office relocation as the energy, fresh office looks and feel -along with staff commitment for growth – ensures that the merger increases revenue.

Currently, this office operates on a relaxed, traditional Monday to Friday work week with no evening hours. Our client’s limited and conservative schedule should be immediately extended to realize the practice’s full potential. A part-time Associate has been with the practice for about one year.

The hygiene department continuously produces between $40,000 to $50,000 per month.

Our client takes extraordinary pride in ensuring that patients are treated in an environment that upholds the highest of standards. The office is continually improving their policies and protocols to ensure patient care and safety is at the forefront of each visit.

Like the clinical operations, the business systems and financial protocols are truly unmatched.

Patients understand that the practice rarely accepts the assignment of insurance benefits. As a result, the practice’s accounts receivable is marginal which is uncommon.

Highlights of this practice include:

  • A substantial number of procedures are referred to specialists
  • The Appraisal has been adjusted to recognize the remaining lifespan of the leasehold improvements
  • The high-density intersection is undergoing substantial redevelopment

CRITICAL DATES:

  • A 30-minute Webinar available
  • Your offer will be made fully conditional upon a site visit and inspection
  • Your offer 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, Amanda Kotchie, Sales Representative.

4987

Date Posted: 2023/11/03

Ottawa – Mid-Town

ROI Corporation is pleased to offer this general practice for sale. The practice is located mid-town Ottawa, with street entrance, adjacent parking and enjoys exceptional exposure. The immediate area is undergoing substantial development with several new, high-end large condominium towers.

The practice opened 10 years ago and has two part-time dentists and two dental hygienists that share the 4-day workweek. The practice offers no evening or weekend hours, but given the significant development, extended hours could easily be accommodated.

The 1,200 sq. ft. office is bright and attractive and consists of 3 operatories with an additional room plumbed for a 4th. The practice is fully digital and has an automated recall system. The premise lease contains no demolition clause.

Current total revenue is approximately $675,000 with 35% attributable to an efficient dental hygiene program. The practice currently has over 800 active patients with 2, 200 visits in the last calendar year, with most patients living or working in the area. The practice averages 15 new patients per month with minimal marketing investment.

This is an excellent opportunity to purchase and grow and established practice in Ottawa

Highlights of this practice include:

  • Excellent, city location on busy street
  • Street access and ample parking
  • 5 days of dental hygiene
  • 85% of patients are insurance.
  • Steadily increasing yearly financial performance
  • All employees on contract
  • Attractive premise lease; including no demolition clause.

Additional Purchaser/Advisor Information:

  • The Practice Profile is available now.
  • The Confidential Open by appointment
  • The Appraisal will be distributed following the OPEN.
  • All offers prepared on ROI Share Purchase Template.

To schedule an appointment, please contact Ann Wright, Sales Representative.

4996

Date Posted: 2023/11/01

Northern Ontario

* This total value and price is for 3 dental offices and 1 real estate parcel.

ROI Corporation may be able to secure you 100% financing to buy all 3 of these dental offices along with one of the real estate locations (hosting the largest of the 3 offices) as a complete, turnkey, positive cash flow offering.

Own the real estate that houses the main operating practice  – the “Mother Ship.”

ASKING PRICE of REF # 4972 practice = $5,500,000 @ 12 years @ 7.2% = $57,100 per month

ASKING PRICE of REF # 4972 real estate = $600,000 @ 15 years @ 7.2% = $5,460 per month

ASKING PRICE of REF # 4965 practice = $2,300,000 @ 12 years @ 7.2% = $23,900 per month

TOTAL monthly cost to own the entire package = $86,460 per month

TOTAL LOAN AMOUNT @ 100% FINANCING = $8,400,000

The combined gross income of all 3 offices is just over $500,000 per month.

AFTER paying the monthly bank loan and ALL other operating costs, including all the dental staff and 6 Dental Associates, your FREE CASH FLOW is over $40,000 per month as a hands-off, Absentee Owner.

$500,000 per year FREE CASH FLOW to the i-Dentist™

All 6 dentists (3 owners and 3 associates) are willing to continue working on their present schedules.

ALL staff have just been asked to sign Employment Contracts!

Traveling to and from the main operating practice is easy: just two flights (via the US) with a total flight time of less than 3 hours. Depart Toronto Pearson airport @ 6 am and be in the Mother Ship @ 10 am!

For a very detailed, Free Cash Flow projection email amanda@roicorp.com.

4992

Date Posted: 2023/10/30

Ottawa – Nepean

With Updated Revenue and Premise Lease Information

ROI Corporation is very pleased to offer this exceptional practice for sale.  The success of the practice is a testament to the Vendor’s commitment to providing the highest quality of care while focusing on his patients’ well-being.

The practice has been owned by the Vendor for 30 years, he started as an associate in the practice prior to purchasing.  Current staff includes 3 part-time associates and 2 dental hygienists who provide 8 days of preventive services.  There are approximately 1600 patients attending the practice and last year there were over 2,500 hygiene appointments.  The practice provides most services, including surgery, but refers out orthodontics and re-treats for endodontic treatment.

With a key location in an indoor mall, the practice is not open on weekends, but this could easily be scheduled.

Year-end July 2023 reported revenue over 1.3M and has been relatively steady since 2020.   The current year is on track to meet similar milestones.  Cash earnings to the Vendor are extremely attractive at 47%.  Cashflow to a new buyer is $315,000 while servicing the debt.

The practice was renovated in 2014 and consists of 6 fully equipped operatories plus 2 additional ones that are plumbed and wired.  The 2,260 sq ft suite consists of stericentre, laboratory, private office, manager’s office, and staffroom.  Radiographs are digitally saved, and patient charts are paperless.

The Premise Lease has been re-negotiated and includes a new 10-year term with one 5-year renewal.

The Vendor will assist in the transition of the sale at a reduced schedule.

Highlights of this practice include:

  • Established and predictable revenue stream at over 1.3M
  • Large – 6 fully equipped operatories and 2,260 sq ft.
  • Stable staff on contracts
  • Located in an indoor shopping centre with popular anchor tenants
  • Attractive, 10 yrs plus a 5-year renewal premise lease

Additional Purchaser/Advisor Information:

  • Practice Profile is available now
  • Practice Confidential OPEN Sunday, April 21st by appointment
  • Practice Video provided to Purchaser Saturday, April 20th
  • Practice Appraisal is available following the OPEN
  • Offers due May 10th at 5pm EST.
  • Offers prepared on ROI Share Purchase Template
  • Closing early 2024

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

4972

Date Posted: 2023/10/20

NORTHWESTERN ONTARIO

Seize this unique chance to own 2 well-established, stable practices with an excellent reputation, a loyal patient base and a fierce commitment to their patients. This pair of clinics in Northwestern Ontario marry excellence in patient care with exquisite business acumen to create a highly profitable, dynamic business opportunity in this charming, picturesque district that combines the best of nature, community, and opportunity.

These practices are nestled in a part of the province that boasts incredible natural beauty, community spirit, economic opportunity, and cultural richness. Surrounded by lush forests and pristine lakes, the natural beauty of the area is truly awe-inspiring. Whether you’re into outdoor adventures like hiking, fishing, or kayaking, or you simply enjoy the serenity of nature, this area has it all. During these inflationary times, the cost of living is reasonable, and you can expect to enjoy a peaceful, relaxed lifestyle with the knowledge that you have a secure and highly profitable business.

The area is also known for its tight-knit and welcoming demeanor. Whether you’re a resident or a newcomer, you’ll quickly feel like part of the family. There’s a strong sense of community pride and numerous events and festivals throughout the year that bring everyone together. Whether you’re after adventure, a welcoming community, or tranquility, this town has it.

Offering a wide range of services, these practices cater to all aspects of patient health. Led by a team of dedicated professionals, the staff combines experience with fresh perspectives. With over 3,600 patients seen in the last year, the commitment to patient satisfaction has created a warm and caring environment for all who visit.

With a gross income of over $4,000,000 and cash earnings of nearly 50% year-over-year, consistent financial stability and strong collections are testament to these practices’ efficiency and financial health. Collectively, these practices present a compelling investment opportunity. Their steady revenue, efficient cost management and potential for further optimization make them an attractive option for both experienced dental professionals and investors alike.

With a 5-day work schedule, the incumbent owner will have a unique ability to maintain the work-life balance that everyone dreams of, while still being extremely financially successful. These practices boast a total of approximately 8,300 square feet across both locations, providing room for expansion and modernization should you choose to grow the business and enhance patient care.

In this case, you’re not just buying practices; you’re acquiring a profitable business, a loyal patient base, and a chance to become an integral part of a close-knit, welcoming community. It’s a comprehensive opportunity that can provide both professional and personal satisfaction.  If you’re seeking a profitable and stable venture, this pair of practices should be at the top of your list.

Highlights of this practice include:

  • Well-equipped facilities ensure high standards of patient care
  • ~80% of patients are insured, and the practice efficiently handles insurance claims
  • A total of 13 operatories across both locations, with the opportunity to expand further in one of the practices
  • Owner(s) willing to stay on post-close
  • Both practices have been operating for several decades – one for more than 50 years
  • 10-15 services referred out each month

Additional Purchaser/Advisor information:

  • A Practice Profile is available
  • The appraisal will be distributed to qualified interested parties
  • Offers will be presented to our client(s) 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 Timothy A. Brown, Sales Representative, or Amanda Kotchie, Sales Representative.

4978

Date Posted: 2023/10/11

North GTA – previously listed as Ref# 4872

ROI Corporation is proud to bring this excellent opportunity to purchase a 5-operatory practice located in a highly desirable area of the North GTA.   This is the right move for a buyer who wants to own their own real estate, own a well-established office, and to build the office to the next level.

Our client is motivated to sell and has reduced the asking price to $1,800,000.

Highlights of this practice:

  • Be your own landlord – no demolition clauses, or escalating rates
  • Practice purchased from original owner in 2008 and moved to existing location in 2018
  • Vendor purchased property and completely renovated it to suit the needs of the patients
  • 5 operatories
  • RecallMax Pro audit revealed 170 patients are ready to book hygiene appointments and 192 patients are ready to book restorative appointments. A potential growth of over $300,000 revenue within the existing patient base.
  • All staff on contracts and crossed trained, making them a highly effective team
  • Strong hygiene program at 32%
  • Practice is fully digital
  • Software used is Dentrix with Lighthouse as the recall program
  • Non-assignment – restorative procedures 30-40% above fee guide
  • Efficient operations with nominal AR
  • High density/growth area
  • Room to extend hours
  • Highly affluent and well-established neighbourhood with a strong mix of residential, and retail
  • 60 homes being built behind the office
  • 5-star Google rating, 5 star rating on Web MD and 4.9 star rating by Lumino Health from 70+ patient reviews.

Additional Purchaser/Advisor Information:

  • A Practice Profile and Virtual Tour will be provided within 48 hours of your request
  • A Confidential Open by appointment only
  • The Appraisal will be distributed following the Open
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review

Please contact Jackie Joachim, Chief Operating Officer & Sales Representative, and/or Constance Oly, Sales Representative.

 

 

 

4979

Date Posted: 2023/10/10

North York

Material Change Announcement – Updated Appraisal and Improved Asking Price.

Dear valued customers,

This office has added a third chair and a Pan. Additionally, and despite the increased appraised value, our highly motivated client has in fact lowered the original asking price to initiate a sale.

In our original advertisement of this opportunity, the asking price was listed as $918,280. Despite the practice having a continued growth trajectory and new appraised value of $939,510 our client has instructed us to lower the price to expedite the sale. The new asking price is $900,000.

A beautifully finished and efficient practice is located just off the intersection of the country’s two busiest highways. Based in a retail plaza on a north-south main street, the office sees thousands of vehicles and pedestrians pass by daily. The building is surrounded by abundant commercial activity, large employers and sprawling high density neighborhoods.

A general dental practice, the office is currently producing a remarkable profit with part-time participation from our owner. Additional dentist hours, refocused treatment planning and capturing the numerous outbound referrals represent a great starting point for a new owner to drive an already profitable practice forward.

Now is the right time to get in! This office is located in an area of the city that is seeing huge rejuvenation owing to housing and population growth in the city. Purchasing this clinic will allow a new owner to tie their investment to the rejuvenation of an area that is earmarked for continued gentrification as well as federal/provincial investment in healthcare, infrastructure and technology.

Highlights of this practice:

  • Strong Cash Earnings
  • 730 active patients on a reduced schedule
  • 17% Diagnostic, 38% Hygiene, 35% Restorative.
  • 85% of patients have insurance.
  • ~20 new patients per month
  • Secure long-term lease with below-market rates
  • Digital office
  • 920 sq. ft. facility; 3ops

Additional Purchaser/Advisor Information:

  • A Confidential Open (by appointment only)
  • The updated Appraisal will be distributed to qualified parties immediately
  • Offers will be due upon appraisal receipt
  • ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
  • For more information or to schedule an appointment to view this practice, please contact Robert Spillane, Sales Representative.

4975

Date Posted: 2023/10/03

Toronto

Year end figures are in and as a result, the value has been adjusted accordingly. The Bank of Canada announced on January 24th that interest rate would remain same. This has held steady since July 2023, and it seems that the central bank has indicated it is now more focused on when to start lowering interest rates than whether it may need to hike them again.

This is the time to buy.  This is an incredible opportunity to take an Invisalign® only business model and add hygiene and restorative dentistry to grow further. Our client has informed us that approximately 30% of the patients attending the practice do not have a general dentist.

The practice operates out of two locations.  Our client is the owner operator working 40 hours per week between the 2 locations. The properties for both locations are owned by our client and also available for sale.  A huge offering to be your own landlord in the GTA! No landlords  eliminates the worry that comes with leases, increasing rents and certainly demolition clauses.

Established in 2000, this well-branded practice has established a wonderful reputation. A dedicated team provides the highest level of care and professionalism, which can be seen in the numerous, glowing online reviews. Our client chose to build current locations in 2013 & 2014 to offer modern facilities with exceptional patient comforts and technology.

The two locations are over 10km away from each other.  Staff are shared but opportunity to grow each location is tremendous as patients are only coming for Invisalign®.

The practice has 70 new consults per month averaging about 35 Invisalign® starts per month with 40-50 patients seen per day.  The practice is non-assignment and the financial policies are very strong.

Highlights of this practice:

  • Operates out of 2 locations where only staff is shared
  • Well trained staff
  • Highly visible locations
  • 2,602 total patients attended in last 12 months
  • One location is a 2,668 sq. ft. standalone building with 4 operatories
  • One location is a 1,541 sq. ft. store front condo with 3 operatories
  • Properties are available or excellent leases will be provided

Additional Purchaser/Advisor Information:

  • An information booklet and Virtual Tour of the Practice will be given within 48 hours of your request
  • Offers will be presented to our vendor as received
  • 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.

4959

Date Posted: 2023/10/03

Southwestern Ontario

Oral & Maxillofacial Surgery

Share Sale

Rarely does an opportunity present itself where every facet of a practice positively aligns for long-term success for the next fortunate owner. Welcome to practice #4959. This is an Oral & Maxillofacial Surgery practice that has thoroughly enjoyed extreme success for over 27 years. The current owner is planning on eventual retirement; however, they are more than happy to provide a healthy, extended transition period for the next owner to ensure the same long-lasting success and referring relationships are continued.

This practice is extremely lucrative; on a profoundly reduced work schedule, billings exceed $1.3 million annually, derived from the roughly 1,000 annual attending unique patients. In addition, the practice is non-assignment and AR is consistently low.

What is worth mentioning is that the practice consistently thrives even though the current owner takes over 5-6 weeks of annual vacation and operates the practice on a minimal 4-day workweek schedule. This presents a tremendous opportunity for any new motivated owner to drastically increase revenue by expanding the days/hours of operation.

This welcoming facility spans over 3,600 sq. ft. and is perfectly designed with the patient’s utmost comfort in mind. There are 4 fully equipped spacious operatories, 2 recovery rooms and sufficient space to facilitate an expansion of work for the next astute and ambitious owner. Even better is that the standalone property is owned by the practice owner, so you have the added opportunity to purchase the property along with the practice to ensure that the long-term success at this location is not at risk with alternative plans from any landlord.

With the ability to expand the production from the current reduced work schedule, the chance to own the property, and the opportunity to inherit 27 years of goodwill from a successful owner, all of the stars align for a long, successful, lucrative career for the next potential lucky owner of practice #4959.

Highlights include:
  • Approximately 1000 annual active patients
  • 4 fully equipped operatories and two recovery rooms in a 3,600 sq. ft. facility.
  • Clinical records, charts and X-rays are stored digitally.
  • Non-assignment practice with remarkably low outstanding AR
  • Ample room to expand on hours and days of operation.
  • Owner owned property with plenty of free parking for patients.
  • Property is appraised for $1.8 million.
  • Non-assignment practice with remarkably low outstanding AR
Additional Purchaser/Advisor Information:
  • A practice prospectus will be available upon request
  • An open will be held by appointment only
  • The Appraisal will be distributed by email
  • 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.