Practices For Sale

Ref# 4823

Status: Sold

Location: Alberta

Gross Revenue: $2,091,000

Appraised Value: $2,747,440

Asking Price: $2,800,000

Cash Earnings: $872,747

CALGARY

ROI Corporation is delighted to present an outstanding general practice in a fashionable, high-end neighbourhood in the heart of Calgary. The practice is in a location that is historic, well-known, and has been vital to the city for over a century.

This is a unique and truly once in a lifetime offering. Our client focuses much of their attention on Special Care Dentistry. The excellent reputation that has been built up by the team drives countless referrals from dozens of care providers (both dentists and physicians). The preventative services being provided are critical to the well-being of thousands of patients throughout Calgary, and beyond. This office takes pride in the fact that they are keeping vulnerable people out of the E.R. by providing these proactive measures.

The ~2,225 sq. ft. facility contains five spacious, well-equipped operatories. Each of which is outfitted for management of Special Care patients, when required.

The income is generated on a four-day work week (the fifth day is hygiene only), with no evenings or weekends. Because of the steady inflow of referrals, the owner has required nearly no advertising. A boost in marketing and adding extra time at the clinic would improve the already impressive bottom line.

This practice would be most suitable for a dentist interested in making a real impact in the lives of thousands in Southern Alberta. The vendor is willing to offer a short transition to transfer the goodwill and introduce the buyer to the referral sources that will ensure a smooth and successful purchase.

Highlights of this practice include:

  • Clinic professionally designed and built in 2007
  • All staff on written contracts
  • Fully digital office utilizing Curve software
  • Average of 40 new patients per month
  • Very reasonable rental rates with lease renewal through Dec. 31, 2032
  • 90% of patients covered by insurance
  • Cash Earnings over 40% of Gross Income

Additional Purchaser/Advisor Information:

  • The Practice Profile and virtual tour will be distributed to the Webinar 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, or to book an appointment , please contact Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.

 

 

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