Ref# 4792
Edmonton
It is a privilege to present this well-established, associate driven family practice. The clinic has been fundamental to providing outstanding care to the community for over 30 years.
Located in the vibrant peripheries of downtown Edmonton in a commercial setting with surrounding residential. The practice is on the corner of a prominent intersection. The signage is excellent, and the visibility of the clinic is exceptional. Public transit is nearby and free parking is plentiful.
The owning dentist manages the clinic but does not and has never treated patients in this facility. Preceding the pandemic, production was greater and two dentists were always employed. As patients are returning, this opportunity requires a hands-on owner and/or an additional associate to meet the surging demand for services.
Hygiene reports since July 2021 represents over 40% of production. Don’t miss out on the opportunity to reawaken this sleeping giant.
Highlights of this practice include:
- Clinic was built in 1988. Current owner purchased in 2017.
- 2,360 sq. ft. 5 fully equipped operatories – fully digital office.
- Decrease in revenue over past two years due to Covid-related issues. The recovery is evident, but an additional dentist is required to handle it.
- Well managed. Assignment practice with very low A/R
- Very reasonable lease with two 5-year renewal options will extend the current lease to 2036.
- Bright, spacious, bright clinic. Sunlight radiates through each of the 5 large and comfortable operatories.
- 1,700+ patients seen in the last 12 months
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