Practices For Sale

Ref# 4787

Status: Sold

Location: Alberta

Gross Revenue: $502,819

Appraised Value: $679,120

Asking Price: $700,000

Cash Earnings: $136,930

Edmonton Suburb

ROI Corporation is delighted to offer this spacious, deep-rooted practice in a flourishing bedroom community of Edmonton. The ratio of population per dentist in this town is excellent. Situated in an established mall with several well-known anchors in the centre of town, this is a desirable location!

Highlights of this practice include:

  • Owner established clinic in 1987. Outgrew the space and built out a new location in the mall in 2001. Ample, free parking and exclusivity in the mall.
  • 1,830 sq. ft. Four fully equipped operatories + one plumbed
  • 4-day work week, no early mornings, evenings, or weekends
  • Decrease in revenue over past two years due to doctor’s health concerns
  • Well managed. Assignment practice with extremely low A/R
  • Hygiene accounts for over 30% of production
  • Two 5-year renewal options can extend the current lease to 2033
  • Very bright clinic. Large, expansive opts.
  • An excess of dental services referred out every month
  • No marketing or advertising except for website

Additional Purchaser/Advisor Information:

  • The profile and appraisal will be distributed prior to the Webinar to the registrants who have completed a ROI Corporation confidentiality agreement
  • 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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