Practices For Sale

Ref# 4150

Status: Sold

Location: Alberta

Gross Revenue: $1,226,390

Appraised Value: $1,323,910

Asking Price: $1,323,910

Cash Earnings: $515,200

Red Deer, Alberta

A rare opportunity has arisen to acquire an efficiently run general practice that also offers a seasoned dentist the opportunity to get involved in more complex and lucrative dental implant procedures. The facility is located on the ground floor of a very well established building in a central area of the city.

Ideally the new owner(s) should have some experience working in a busy practice and be able to succeed and grow this very successful business that our client has nurtured for the last 10 years.

The practice has an excellent hygiene program and currently does not accept assignment. As a result of sustained operational excellence the clinic has produced exceptional cash flow year over year (over 40% for the last 3 years) with no accounts receivable. Over a long and distinguished career, our client has established a commendable practice and is ready to transition this exceptional opportunity to the right buyer.

Highlights of this practice include:

  • 4 very well equipped operatories
  • Currently on a four day week with no evening or weekend hours
  • Significant oral surgery, endodontics and orthodontics referred out
  • Well decorated
  • Long established in this location

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 Saturday, January 21, 2017
  • The Appraisal will be distributed on Wednesday, January 25, 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.

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