Practices For Sale

Ref# 4556

Status: New

Location: Alberta

Gross Revenue: ~$1,752,340

Appraised Value: $1,449,360

Asking Price: $1,449,360

Cash Earnings: ~$1,070,240

Northern Alberta

ROI is pleased to represent a unique opportunity to acquire a recently renovated, high-producing clinic in Northern Alberta. Well located, this is the only dental office servicing the substantial catchment area for the surrounding farming and forestry-based community.

The practice was founded in the mid 90s and has been associate-driven since the current owner purchased it in 2013. There are currently two full-time associates on written contract. The hygiene program is steady with a full-time hygienist employed since 2016.

The clinic has four well-equipped ops, with 1 chair added in 2017 and 3 new chairs in 2020. Additionally, a digital pan/ceph was purchased in 2017. The exterior of the building was also renovated just last year.

This is a turn-key operation for an Investor Dentist™ or an on-site owner looking for a busy schedule.

Highlights of this opportunity include: 

  • Established in 1995
  • Approximately 4,000 active patients
  • Approximately 35 new patients/ month and 30 emergencies/ month
  • The practice is completely digital
  • No evening or weekend hours
  • Cash based, non-assignment practice

 Additional Purchaser/ Advisor Information:

  • A Webinar will be held on Wednesday, October 7, 2020 @ 2:00PM (MDT)
  • Please click here to register to the Webinar
  • The Appraisal will be distributed prior to the Webinar to the registrants
  • Individual showings available for serious purchasers by appointment only
  • Instructions to draft an Offer to Purchase must be submitted on or before Wednesday, October 21, 2020. We will be presenting offers on Friday, October 23, 2020
  • Within 48 hours of acceptance of an Offer we will require 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

For additional information, please contact David Raborn or Dr. Wayne Raborn, Sales Representatives.

 

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