Viewed by 1239 people
|Ref# 4171||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||$1,297,460||$1,543,540||$1,550,000||$542,870|
Sale Structure: Share Sale
The opportunity has arisen to purchase an exceptional General Practice in one of the best South Calgary Locations. The facility has been impeccably upgraded over the years and benefits from all the latest technology. No upgrades are required and this practice is fully turn-key.
The practice has been in this location since 1996 and has approximately 1,250 active patients. A successful recall system has been implemented to maximize hygiene led care. Total income is expected to be $1.3M with hygiene revenue contributing 33% of this. This has been achieved on a very relaxed schedule (Monday – Thursday from 7am- 3pm). The practice is not currently open evenings, Fridays or on the weekend.
The 1,749 sq. ft. suite has 5 well equipped operatories and a central sterilization area. The suite also includes a consult room, laboratory, private office and staff room.
All the radiographic equipment is digital including the Sirona Orthophos Digital 3D Pan, which was fitted recently. Each operatory is equipped with computer monitors and televisions.
Highlights of this practice include:
- First rate location and facility
- No associates/partners
- Our client will be leaving the area
- Opportunity to substantially increase the hours/revenue.
Additional Purchaser Information
- A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
- A Confidential Open (by appointment only) will be held on Sunday, July 30, 2017
- The Appraisal will be provided to interested parties on Monday, July 31, 2017
- The Offer Request Form must be submitted 48 hours prior to the Offer deadline
- Offers must be submitted before 4:00pm on Friday, August 11, 2017
- 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
- Our vendor is looking to close this practice sale by Friday, September 29, 2017
For more information or to schedule an appointment, please contact Dr. Dev Mangat.