Practices For Sale

Ref# 4557

Status: New

Location: Alberta

Gross Revenue: $440,130

Appraised Value: $985,780

Asking Price: $999,000

Cash Earnings: $155,520

Previously posted as Ref #4425

 Edmonton

This professionally designed, well-decorated office was newly built in a premium development in December of 2016. This location of the city was purposely chosen to supply premium dentistry to a rapidly growing suburban community. Our client has elected to sell the office owing to the surging patient base that requires more doctor hours than they can provide.

This is an exceptional opportunity to own a turnkey facility that has a demonstrated trend in attracting new patient flow. The facility has the capacity in the form of 5 operatories to handle the forecasted demand demonstrated by growing patient referrals and annual production growth.

The practice is located on the ground floor of a commercial building in a budding neighborhood. They currently refer out many emergencies and new patients due to unavailability of a full-time dentist.

The business condo is also available for sale adding to the compelling appeal of this listing.

 Highlights of this practice include:

  • 1,602 square feet features four state of the art operatories
  • A fifth operatory is plumbed and wired – ready for expansion
  • Private office, terrific sterilization area, laboratory, staff room & two washrooms
  • Approximately 35-40 new patients/month and 10-15 emergencies/month
  • Demand for more dentistry that our client cannot provide
  • Asking Price for the business condo is $690,000

 Additional Purchaser/ Advisor Information:

  • A Webinar will be held on Tuesday, October 13, 2020 @ 2:00PM (MDT)
  • Please click here to register to the Webinar
  • The Appraisal will be distributed prior to the Webinar to the registrants
  • A Confidential Open (by appointment only) will be held on Sunday, October 18, 2020
  • Instructions to draft an Offer to Purchase must be submitted on or before Wednesday, October 28, 2020. We will be presenting offers on Friday, October 30, 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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