Practices For Sale

Ref# 5035

Status: Conditionally SOLD

Location: Alberta

Gross Revenue: $3,761,359

Appraised Value: $5,476,120

Asking Price: $5,500,000

Cash Earnings: $1,804,937

Greater Calgary Area

ROI Corporation is delighted to represent this exceptional office.  To be able to purchase a well established and successful practice consisting of high dental IQ patients is truly exciting.  Our client is a sophisticated practice owner who has strategically grown this office through investment in technology, training, and exceptional patient experience.  Established in the community since 2008, our client has taken great pride in building a practice where patients appreciate the quality of dentistry provided, exceptional professional service, knowledge staff and comfortable surroundings.

Our client wishes to stay post sale.  The practice also has room for another dentist as there are 900 patients who require hygiene appointments and approximately 700 unscheduled patients.   These appointments represent a further increase of revenue of over $2,000,000.

The current term of the premise lease runs until 2029 with two 5-year renewal options. The sprawling retail plaza was built in the early 2000’s and does contain a relocation and demolition clause. There are strong anchor tenants in place.

Purchasing a practice of this caliber is a rare opportunity. As such, we will be handling inquiries from prospective buyers in a very specific manner. Interested purchasers will be required to follow a pre-screening and qualification process, which is outlined below. Protecting our client’s confidentiality is paramount to us. Therefore, information for this clinic will not be distributed until we have had the opportunity to speak to interested parties.   Our intention is not to offend any purchaser by our process. We hope those participating will feel assured that these measures will be taken should they find themselves selling a highly desirable office such as this one.

The Pre-Screening Process:

  • Upon receiving your request for more information, a Buyer Application will be sent for your completion
  • Interested buyers will have a private one-on-one interview with Jackie Joachim, Chief Operating Officer, and must submit their completed application prior to the interview
  • Qualified buyers may also be asked to provide confirmation from their lender supporting capability to qualify for financing at this level. We are aware that a lender cannot give a blanket authorization but can at least provide comfort in allowing us to know this transaction can be completed.

Key Factors:

  • Over 3,000 active patients
  • Gross revenue for 2023 is just over $3.7 million (year end is December 31)
  • Cash earnings are ~$1,800,000
  • Normalized net income for Investor Dentist™ ~$900,000
  • Over 3,600 sq. ft. unit with 11 operatories and 2 labs
  • Hygiene is approximately 33% of total gross with 4 hygienists who collectively provide 15 days of treatment per week
  • Office is open 5 days per week with no evenings or weekends with the exception of hygiene on Saturdays – opportunity for expansion
  • Approximately 13-15 new patients per month and 10 emergencies

For more information, please contact Jackie Joachim, COO & Sales Representative, and/or Constance Oly, Sales Representative.

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In order to get more information on this listing you must fill out the confidentiality agreement form. If you have already filled out this form please enter the email address we have on file below. If you have not filled out the confidentiality form please follow this link to do so: Confidentiality form.

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