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.
EDMONTON – Appraisal Update
Exceptional opportunity to acquire a centrally located, storefront optometry practice within a bustling retail plaza of South Edmonton. The retail centre boasts excellent visibility and enjoys a strategic location between multiple major thoroughfares, making it an easily accessible destination for clientele from all over the city.
The practice primarily serves young professionals, and maintains a well-established brand identity. However, the current owner, managing a young and growing family, has temporarily scaled back marketing efforts, offering the buyer untapped potential.
The office specializes in high end, luxury eye wear. Retail sales of frames, sunglasses and contacts amount to 63% of the gross income. There is an abundance of unrealized potential. Due to personal commitments, the owner only attends the practice for 16 hours a week, over 3 days. The 1,693 sq. ft. facility is impressive, with modern finishes and soaring ceilings. Currently, only one of the two exam rooms is being utilized.
This opportunity is a golden ticket for a buyer willing to increase doctor hours and expand examination services, boosting the practice’s production and profitability.
Highlights of this practice include:
- Non-Assignment
- Great Google Reviews & Social Media Presence
- Fully digital office operating on Filopto software
- ~4,500 appointments in the past 2 years
- 50-60 new patients per month
- Exclusivity for optometry in the long-term lease
Additional Purchaser / Advisor Information:
- A Practice Profile will be provided within 24 hours of your request
- The Appraisal and iGuide photography package will be distributed to pre-qualified candidates who have completed a ROI Corporation Confidentiality Agreement
- Showings will be scheduled by appointment
- Offers will be presented as received
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST”
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For additional information, please contact Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.
Edmonton
ROI Corporation is delighted to showcase a dental practice in a rapidly growing south Edmonton neighborhood. The new owner is sure to benefit from the excellent location and first-class facility.
The clinic is located within a dynamic and professional retail plaza, which includes a specialty practice and other medical professionals. Residential surrounds. Loads of future development is planned. It is adjacent to two major thoroughfares. Patients and staff enjoy the soaring ceilings and elegant finishes. The clinic is modern, functional, and comfortable.
This professionally designed, contemporary 2,300 sq. ft. clinic possesses 6 well-appointed operatories and is plumbed and ready for the seventh chair to be installed. Five of the 7 operatories are inclosed. Natural light illuminates throughout.
The clinic is currently open for only ~20 hours over 3 days a week. With more doctor hours, this well-located general practice is bound to flourish. Our client is unable to continue to manage this practice, with their attention being divided by other professional endeavors.
Building a clinic of this caliber involves significant expenses, would consume a considerable amount of time, and possesses many construction hurdles. With its prime location, top-notch facility, and current staffing, this clinic presents an ideal opportunity for an owner-operator(s) to make this their primary practice and watch it soar!
Highlights of this practice include:
- Plenty of ample, free parking
- Right of First Refusal and Option to Purchase the condo written in long-term lease
- 2 Washrooms: Staff & Patient
- Fully digital: Power Practice dental management software & CADI imaging software
- Outstanding A/R
- This is an ASSET SALE
Additional Purchaser/Advisor Information:
- A Practice Profile will be available to qualified purchasers requesting information.
- The profile, appraisal, and photos will be distributed to those qualified who have completed a ROI Corporation confidential agreement.
- Within 48 hours of acceptance of an Offer we will require a deposit in the form of a certified cheque or bank draft payable to “ROI Corporation IN TRUST”
- 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.
St. Paul
ROI Corporation is honoured to present a deep-rooted and thriving general practice that has been instrumental to this growing community for decades.
The clinic is well located, just two hours from Edmonton, near the heart of town and adjacent to the Hospital. St. Paul is the centre of commerce for the region and a destination for the surrounding communities.
The well-designed, stand-alone building is 3,145 sq. ft. and features eight spacious, well-equipped operatories, two steri centres, a lab, & X-Ray area. The basement features ample storage and the mechanical room, so noise is not an issue for patients.
An opportunity to be in complete control is available, as the building is being offered for sale in addition to the practice.
Highlights of this practice include:
- ~3,400 patients seen in last 12 months. ~51 new patients per month.
- Strong hygiene engine: the two hygienists are booked 12 weeks ahead.
- Fully digital office utilizing ClearDent software.
- Practice Zebra is utilized as the recall software.
- ~90% of patients covered by comprehensive insurance.
- Excellent collections with low A/R
Additional Purchaser/Advisor Information:
- The Practice Profile and virtual tour will be distributed to the interested buyers who have completed a ROI Corporation confidentiality agreement
- Appointments by appointment only
- All offers will be prepared by ROI Corporation on our standard forms for your lawyer’s review.
For more information or to schedule an appointment, please contact David Raborn or Dr. Wayne Raborn, Sales Representatives
Calgary – Update – Improved Asking Price
ROI Corporation is excited about this latest listing – a thriving dental practice in Calgary, Alberta. This practice has been serving the community for several years and has established a reputation for providing exceptional dental care to its patients.
This practice is a comprehensive dental clinic that offers a wide range of services, including preventative care, restorative treatments, cosmetic dentistry, and orthodontics. The team of highly skilled and experienced dental professionals is dedicated to providing personalized care to each of our patients.
The practice is located in a prime retail location in Calgary, with easy access to major roads and public transportation. The practice is housed in a modern facility with state-of-the-art equipment and technology, including digital radiography, intraoral cameras, and entirely paperless patient records, using a prevalent practice management software platform.
The clinic has a proven track record of profitability, with steady revenue growth over the years. The practice has a loyal patient base and a high patient retention rate. Patients have excellent coverage, as evidenced by low A/R. There are several opportunities for growth and expansion that a new owner could pursue, including:
- Expanding the practice hours to include evenings and weekends to accommodate more patients
- Introducing new services and technologies to support, such as sleep apnea treatments and single-visit dentistry to reduce chair time and lab costs to attract new patients
- Investing in marketing and advertising to increase awareness of the practice in the community
- Continue to leverage the steady stream of referrals from the nearby pharmacy of a nationwide chain
Highlights of this practice include:
- 1,400 patients seen in the last 12 months
- 50+ new patients per month
- All the patients live within 5km of the office
- Assignment practice with many patients having comprehensive insurance
- 4 fully equipped operatories in just under 1,100 square feet
- High-traffic area with a mix of retail, residential and commercial economic activity
- The current term on the lease is 10 years expiring on March 31, 2031, with 2 additional 5-year renewals.
- There is a demolition clause; however, given the age and condition of the building, this is the policy of the landlord.
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request
- A Confidential Open will be held by appointment only
- The full appraisal will be distributed to qualified buyers
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review.
- Offers should be accompanied by a certified cheque payable to “ROI Corporation IN TRUST” equal to 10% of the offered price for the practice.
For more information or to schedule an appointment, please contact Karl Schmidt, Sales Associate.
Central Alberta – Improved Asking Price – previously listed at $610,000.00
ROI Corporation is pleased to present an opportunity to acquire a unique general practice. The subject office enjoys minimal competition in beautiful rural Alberta! The clinic has been servicing the town and surrounding areas for over 30 years, focusing on providing dentistry in a friendly and efficient environment to an underserved population. Patients feel relaxed and comfortable as they enjoy a peaceful and welcoming atmosphere.
This 1,645 sq. ft. stand-alone modern building houses 3 operatories, sterilization area, x-ray room with digital vatech panoramic x-ray, managers room, private room, and plenty of room to expand.
Presently, the office is only open 3 days a week. This would be a perfect opportunity for a first-time buyer to easily increase the revenue potential by adding additional days and the number of procedures performed in-house. Also, a great opportunity if you’re looking to expand your investment portfolio.
The Vendor is motivated to sell and will be an extremely accommodating participant under a new ownership group.
Highlights of this practice include:
- Active patients – 821
- Room for expansion
- Over 66% of patients have insurance
- Potential to increase productivity
- ~ 13 new patients/month
Additional Purchaser/Advisor Information:
- The Practice Profile will be provided within 48 hours of your request
- A Confidential Open (by appointment only)
- The Appraisal will be distributed to qualified buyers
- The Offer Request Form must be submitted 48 hours prior to the Offer deadline
- Offers should be accompanied by 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 more information or to schedule an appointment, please contact Reema Singla, Sales Representative or Karl Schmidt, Associate.
BLACK DIAMOND
ROI Corporation is thrilled to present the opportunity to own in the budding, vibrant community of Black Diamond. Nestled in the Foothills of the Rocky Mountains, just 30 minutes south of SW Calgary and 20 minutes west of Okotoks, Black Diamond is the outdoor enthusiast’s dream. Homeownership in the community outpaces the province and country by a large margin. The patients are here to stay. On January 1, 2023, Black Diamond is amalgamating with Turner Valley to become Diamond Valley and grow their economies together. An abundance of new and future development makes this opportunity so exciting.
Currently, the community is older and more mature. The clients are loyal and like to shop locally. Being the only optometry clinic in the area, these patients are repeat customers and have become family.
The clinic is highly visible, centrally located downtown and conveniently on the main street through town. Residential surrounds the area. The 1,500 sq. ft. facility includes two exam rooms, two washrooms, a staff room getaway, and a naturally illuminated reception and retail space. The office is open five days a week with no evenings or weekends. The optometrist is only available on three days, 17 hours a week. The practice runs smoothly with very low accounts receivable. Retail sales of frames, contacts and sunglasses account for 65% of the gross income. This practice is ready for a buyer to push it to the next level and join in on the energy of the Foothills!
Highlights of this practice include:
- Only optometry clinic in this area of the Foothills
- Well-established practice started in 2010, moved to current space in 2015
- Fully digital office
- Negligible Advertising (than 1% gross)
- 80% of patients covered by insurance
Additional Purchaser / Advisor Information:
- The Practice Profile will be distributed to the Webinar registrants who have completed a ROI Corporation Confidentiality Agreement
- Offers should be accompanied by 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 Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.
CALGARY
ROI Corporation is thrilled to bring this successful and well-managed general practice to the market. Centrally located at the intersection of two major thoroughfares, it is a 15-minute drive from nearly half of all Calgarians. It is also accessible by public transit (C-Train or bus). This clinic is located in a professional building within a major retail center, complete with all amenities. There is ample parking and easy access to the office. Although the location is prime, the lease is quite reasonable.
The 1,696 sq. ft. facility has five well-equipped operatories, each of which is lit by natural light. By incorporating three enclosed operatories, patient comfort and confidentiality are prioritized. There is also an x-ray area with a digital pan, a sterilization area, and a lab. For this busy practice, there is a welcome reception area, business office, private office, and staff room.
This thriving clinic requires an additional dentist. There are 2,600 active patients registered, with an average of 30 new patients per month. Preventative procedures account for 31% of procedure codes, 27 services are referred out of the office each month. There is an opportunity to capitalize on these if done in-house. The owner wishes to retire from ownership in order to devote more time to family but is willing to continue practicing in a harmonious relationship as the buyer’s associate if needed.
Highlights of this practice include:
- Excellent location
- Well-designed space
- Long-established practice with exceptional reputation and reviews
- Healthy patient base
- Fully digital, utilizing Cleardent software
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
- A Confidential Open (by appointment only)
- Offers should be accompanied by 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 is looking to close this practice sale by January 2023
For additional information or to book an appointment, please contact Mr. David Raborn or Dr. Wayne Raborn, Sales Representatives.
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.
Airdrie – Turn-Key Dental Facility
ROI Corp is delighted to offer this turn-key facility situated in a major retail plaza in the rapidly growing city of Airdrie. The ~2,700 sq. ft. facility was built in 2018 as a satellite practice for our client. The space is modern, well designed, and comfortable for patients and staff. Professionally designed, the footprint is home to 4 well-equipped operatories but plumbed for 9, including an enclosed surgery opt.
Airdrie’s population has been growing incredibly fast, and that trend is poised to continue at a rate more than 3 times greater than Alberta’s and 4 times greater than Canada’s growth rate. The average household income is high, and the number of homeowners is nearly 83%, 10% higher than Alberta’s and 25% higher than Canada’s home ownership.
Our client has many other businesses and unfortunately, has not been able to expand or dedicate the time needed to build this clinical facility. A minimal number of patients have been seen on a skeleton staff with a very part time associate treating patients. However, the door has been left open and some patients are being seen with a very limited schedule.
The framework of a truly successful practice is already in place. Planning, designing, and building a clinic in a location like this would be very costly, time consuming and difficult to replicate. The first-class location, branding and facility are in place. The area is home to many young families. The practice is ready for an owner-operator to establish themselves and grow with this flourishing community.
Highlights of this practice include:
- Excellent location, signage, and exposure
- Loads of ample, free parking
- Fully digital, utilizing Open Dental software
- Reasonable lease includes first option to purchase building.
- 2,690 sq. ft. Plumbed for 9 opts, 4 completely equipped
- 2 Washrooms
Additional Purchaser/Advisor Information:
- A Practice Profile will be available to qualified purchasers requesting information.
- The profile, appraisal, and photos will be distributed to those 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.
