How to buy a diagnostic imaging business in Ontario

Learning how to buy a diagnostic imaging business in Ontario means looking at more than the price. You are buying a licence, equipment, patient volumes and a lease, and the Ontario Ministry of Health must approve the transfer before you can operate.

Step 1: Decide what you want to buy

Clinics differ by modality, location and size. Some buyers want a single-modality clinic such as X-ray and ultrasound. Others want a multi-modality centre. Decide your budget and target area first, then browse our diagnostic imaging clinics for sale.

Step 2: Sign the confidentiality agreement

Sellers keep their identity private. After you sign our confidentiality and fee agreements, we share the full details of the clinics that match your search.

Step 3: Check the numbers

Review tech fees, billings, equipment age and the lease terms. We help you compare each clinic against similar sales so you know whether the price is reasonable.

Step 4: Arrange financing

Lenders will want the same documents you review in due diligence. Starting this early avoids delays near closing.

Step 5: Get the licence transfer approved

The ICHSC licence transfer is the step that makes the purchase lawful. We guide you through the application and the Ministry review. Our guide to how ICHSC licence transfers work explains what to expect.

Ready to buy?

See how we support buyers on our page for buyers, or contact us to start a confidential conversation.

Written by

The MedSalesGTA Team

MedSalesGTA is led by Raminder Sethi with a team of diagnostic imaging specialists, accountants, lawyers and Ministry of Health specialists serving buyers and sellers across Ontario.

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