Practices For Sale

Ref# 4619

Status: New

Location: Alberta

Gross Revenue: $850,000

Appraised Value: $941,730

Asking Price: $849,900

Cash Earnings: ~$376,220


ROI Corp is pleased to present this well-established practice in north central Edmonton. Outstanding location! The practice is highly visible, situated on the ground floor of a professional building with immediate proximity to hospitals, specialists and surrounded by residential neighbourhoods. In particular, there is a booming medical clinic and pharmacy on the same floor. Over the years this has created convenient partners and an excellent source for steady new patient flow.

This is a unique opportunity – the dentist shared the space with an MD who retired and closed their practice on March 31st. Our client has professional designs and plans to renovate that space. This addition will double the facility used for dental care. The owner is willing to take an active role in executing the reno process while the purchaser utilizes the existing operatories. A proposed ten-year lease with a tenant improvement allowance and free rent is awaiting the new owner. A seamless transition is also anticipated.

Highlights of this practice include:

  • 2,610 sq. ft. – Three fully equipped operatories, with three more planned for build-out
  • Loads of potential for growth by adding a Hygiene Program
  • Many referrals that could be done “in house” to boost revenue; approx. 15 procedures referred out monthly
  • Currently not offering any early morning or evening hours
  • Digital Pan X-Ray + brand new Primescan
  • 2 washrooms; staff & patient
  • 1,122 Active Patients
  • Solo owner-operated practice

Additional Purchaser/ Advisor Information:

  • The Appraisal & Virtual Tour will be provided to pre-qualified purchasers prior to the Webinar.
  • A Webinar will be held on Sunday, April 11, 2021 @ 2:00PM MDT
  • Please click here to register to the webinar.
  • Showings by appointment only.
  • Conditional offers must be submitted on or before Friday, April 23, 2021
  • 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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