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|Ref# 4134||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||~$2,797,430||$3,012,930||$3,100,000||~$1,381,780|
Sale Structure: Share Sale
The opportunity to acquire one of the most successful practices in Grande Prairie has become available. Not only has the practice been long established (over 35 years) but it also has an exceptional gross income and cash flow.
Although the principal has been practicing in this vicinity for over 35 years, the practice moved to a new "state of the art" facility in 2014. There are currently 9 operatories, in this 5,475 sq. ft. space. Dedicated consult rooms and a huge staff room help create an incredible ambiance. The staff room alone, occupies over 2,000 sq. ft. and could be converted to more operatories or an apartment by any interested party.
All clinical areas are computerized and the Cephalometric Digital 3D Panoramic X-Ray provides the highest level of Digital Radiography.
All aspects of dentistry are performed although the principal enjoys dealing with advanced restorative dentistry and implants.
A very well administered dental hygiene program complements the dentistry and there is also clearly an emphasis on patient education. This is one of the many factors that has made this practice so successful.
For qualified buyers, there is an added bonus to build equity in the building and purchase the practice real estate.
Additional Purchaser/Advisor Information:
- A Practice Profile will be sent within 48 hours of your request to those who have completed ROI Corporation’s Confidentiality Agreement
- A Confidential Open (by appointment only) will be held on Sunday, April 2, 2017
- The Appraisal will be distributed on Wednesday, April 5, 2017
- Offers must be submitted before 4:00 p.m. on Thursday, April 20, 2017
- ROI Corporation will prepare your 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 Dr. Dev Mangat.