Viewed by 567 people
|Ref# 4268||Gross Revenue||Appraised Value||Asking Price||Cash Flow|
|Status: Conditionally SOLD||~$299,770||$616,970||$616,000||~($34,430)|
Sale Structure: Asset Sale
Greater Calgary Area
The opportunity has arisen to acquire an exceptionally well appointed practice in the Greater Calgary Area.
The practice was installed in a brand new retail plaza in 2015. The population ratio per General Dentist in this locale is 1:3,000; presenting a far better opportunity than Calgary. Although only recently established, there are 488 active patients.
The office is comprised of 2,569 sq. ft. and is located on the ground floor with excellent visibility and access. There is also ample parking around the facility.
A beautifully decorated reception area is complemented by three very well equipped operatories. There is a separate x-ray area with a Panoral machine and an ultra-modern sterilization area. A comfortable staff room completes the facility.
The highlights of this beautifully equipped office are:
- Brand new build with state of the art finishings and equipment
- Ability to expand: 3 additional plumbed & wired rooms for potential to increase the number of operatories
- Current 10 year lease with 2 further renewal options of 5 years
- Only dental practice in a rapidly growing residential area
- Store-front access/visibility
- The current principal is relocating to another part of Alberta – they are motivated to sell
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
- 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 ideally looking to close this practice sale by February 28, 2018
For more information, please contact Dr. Dev Mangat.