Practices For Sale

Ref# 3036

Status: Sold

Location: Alberta

Gross Revenue: ~$2,941,720

Appraised Value: $2,780,480

Asking Price: $2,770,000

Cash Earnings: ~$1,277,520

Calgary, Alberta

An exceptional opportunity in Northeast Calgary.

This general practice has been established in this location for almost 35 years. The 2,400 square foot facility is located on the ground floor with easy patient access and ample parking. There are seven operatories and a well-designed reception area.

With over 3,000 patients of record and new patient flow of 80-90 per month this practice is vibrant and growing steadily. Billings for 2016 are expected to be almost $3.0 million with an anticipated cash earnings approximately $1.3 million before debt servicing. Hygiene income is approaching 30% of total gross and the practice is served by a number of associates, making it an ideal opportunity for the i-Dentist™ business model.

An Open is scheduled for Sunday, May 31st, 2015.

The Vendors have asked for Offers to be submitted by 12th June 2015.

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

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