Ref# 4728
Central Alberta
ROI Corporation is thrilled to present a dynamic dental practice with tremendous upside!
Featuring a contemporary design, this well-located, thriving, and productive general practice is rapidly growing.
The clinic is highly visible, on the end unit of a bustling retail plaza facing a major street. It is surrounded by a multitude of residential dwellings.
This practice is in a new plaza that was established in 2017 and features high end finishes and state of the art dental equipment. The 1,790 sq. ft. clinic boasts 4 spacious & well-equipped operatories with an additional 1 plumbed and wired.
The high ceilings, large windows and bright atmosphere make for a comfortable experience for the patient. Our client is relocating outside of the province to reunite with family.
Terrific opportunity to acquire a proven and profitable general practice.
Do not miss this one!
Highlights of this practice include:
- 44 new patients and 76 emergencies monthly
- ~15 cases referred out each month
- 1,667 individual patients seen in last 12 months; 2,695 in the last 24 months, with ~80% on 6-month hygiene recall & ~10% on 4-month hygiene recall
- 4 operatories with 1 additional plumbed and wired. 1 sizeable opt is enclosed for surgery.
- Assignment practice: 95% of patients covered by insurance
- Low accounts receivables
- Well-managed clinic utilizing ClearDent software with recall system implemented.
- Fully digital charting and x-rays: digital CBCT w/ ceph
- Intra oral scanner utilized in practice
- Escalating trajectory -> up from ~$900,000 Gross in 2019 to ~$1,400,000 Gross in 2021
- Good lease with renewal options in place through 2037
- Exclusivity in retail plaza
- Excellent location, outstanding visibility on major thoroughfare with ample, free parking
Additional Purchaser/Advisor Information:
- 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
- Our Vendor seeks to transfer ownership in early 2022.