Practices For Sale

Ref# 2077

Status: Sold

Location: Alberta

Gross Revenue: $2,140,790

Appraised Value: $1,255,940

Asking Price: $1,258,810

Cash Earnings: $1,283,020

Calgary, Alberta

An exceptional opportunity has arisen to acquire an outstanding general practice in Calgary. The facility is located in a busy professional building.

The practice has been in this location since 1996. It is comprised of three well-appointed operatories within the ~950 square feet unit.  There is ample parking in a newly renovated lot.

The practice grossed $2.2 million last year, based on a five day workweek, with cash flow of $1.3 million.

Part of this phenomenal success can be attributed to the low overhead and very efficient hygiene program.

80% of the patients speak Mandarin or Cantonese so the practice would be well suited to someone who is conversant in both or either.

  • An Open will be held on September 7th, 2014
  • Offers should be received no later than September 19th, 2014 at 5:00 pm
  • Our client desires a closing date of November 30th, 2014 and offers that meet this deadline may receive priority consideration

For more information or to book an appointment, please contact Dr. Dev Mangat.

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