Region: Alberta

4799

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.

 

 

 

 

4777

Calgary

A successful practice reflects an owner’s dedication to patient care, hard work, determination, and the desire to continually improve. This listing is the result of an exceptional owner who surrounded themselves with the right advisors to create a thriving dental practice that has served its community in this specific location for over 30 years.   After a rewarding career spanning 40+ years, our client has decided the time for retirement has come and therefore, is prepared to hand over the reins to a new owner.

ROI Corporation is proud to represent this outstanding practice. 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, a Practice Profile for this clinic will not be distributed.   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 a completed application prior to or during the interview.
  • Qualified buyers will 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.

Highlights of this practice include:

  • Gross revenue is just under $5 Million
  • A/R are extremely well managed
  • Practice analytics demonstrate ability to increase hygiene appointments by scheduling 600 active patients, reduce supplies by up to 5%, and saving 3% on staffing simply by scheduling more efficiently – clearly creating additional $300K to net profit annually.
  • Well documented protocols for practice management, sterilization, health and safety, human resources, COVID protocols, etc.
  • 40 new patients per month
  • 7 hygienists producing 160 hours of hygiene per week
  • 12 operatories
  • Associate driven with contracts
  • Team members very well trained
  • 4,200 sq. ft. facility with a current 5-year lease + 2 additional 5-year renewals
  • No demolition clause in lease
  • Excellent location and visibility providing easy marketing to the surrounding residential area
  • Physically well connected via major arterial roadways, thus making it extremely easy for patients & staff to attend
  • All operatories are well equipped and sterilization area is fully compliant with all IPAC protocols
  • Office is open approximately 65 hours per week, with room to expand
  • 20% of patients visit every 3-4 months and 60% of patients visit every 6 months
  • Over 6,500 patients attending the practice
  • Assignment office, with 85% of patients having comprehensive insurance

 

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

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

 

For additional information, please contact David Raborn or Dr. Wayne Raborn, Sales Representatives.

4787

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.

 

Kalia, Malar

Dr. Malar Kalia has been a practicing dentist for many years. She has worked in several group practices in the Greater Toronto Area and Edmonton, and now owns a successful dental practice in Edmonton. She knows exactly what is involved with the process of purchasing, building, optimizing, and eventual selling of a dental practice.

Dr. Kalia graduated from the University of Ottawa with a Bachelor of Science (Honours) degree, and then earned her Doctor of Dental Medicine degree from the University of Manitoba. Dr. Kalia’s adventurous spirit is evident in all she does. Her warm personality shines through when connecting with  her professional colleagues, clients, and industry leaders.

Malar joined ROI Corporation in Spring of 2022 and is excited to work with you in all your practice appraisal and sales needs.

4728

Central Alberta

ROI Corporation is thrilled to present a dynamic dental practice with tremendous upside!

Featuring a contemporary design, this well-located, thriving, and productive general practice is rapidly growing.

The clinic is highly visible, on the end unit of a bustling retail plaza facing a major street. It is surrounded by a multitude of residential dwellings.

This practice is in a new plaza that was established in 2017 and features high end finishes and state of the art dental equipment. The 1,790 sq. ft. clinic boasts 4 spacious & well-equipped operatories with an additional 1 plumbed and wired.

The high ceilings, large windows and bright atmosphere make for a comfortable experience for the patient. Our client is relocating outside of the province to reunite with family.

Terrific opportunity to acquire a proven and profitable general practice.

Do not miss this one!

Highlights of this practice include:

  • 44 new patients and 76 emergencies monthly
  • ~15 cases referred out each month
  • 1,667 individual patients seen in last 12 months; 2,695 in the last 24 months, with ~80% on 6-month hygiene recall & ~10% on 4-month hygiene recall
  • 4 operatories with 1 additional plumbed and wired. 1 sizeable opt is enclosed for surgery.
  • Assignment practice: 95% of patients covered by insurance
  • Low accounts receivables
  • Well-managed clinic utilizing ClearDent software with recall system implemented.
  • Fully digital charting and x-rays: digital CBCT w/ ceph
  • Intra oral scanner utilized in practice
  • Escalating trajectory -> up from ~$900,000 Gross in 2019 to ~$1,400,000 Gross in 2021
  • Good lease with renewal options in place through 2037
  • Exclusivity in retail plaza
  • Excellent location, outstanding visibility on major thoroughfare with ample, free parking

Additional Purchaser/Advisor Information:

  • 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
  • Our Vendor seeks to transfer ownership in early 2022.

 

 

For additional information, please contact David Raborn or Dr. Wayne Raborn, Sales Representatives.

4713

Calgary

ROI Corporation is delighted to present this warm start opportunity. A new owner will benefit from a stable patient base that continues to grow with noteworthy cash flow.

With a modern design, this well-located general practice is poised to realize its potential! The clinic is highly visible, located in a busy strip mall on the convergence of two well-known and major routes. Established in 2017 and generously renovated in 2019, this 1,712 sq. ft. space boasts 5 spacious & well-equipped operatories and ample free parking, creating a very patient friendly experience. Our client is relocating out of Alberta for family reasons.

This general practice would be ideal for an enthusiastic owner-operator to take the reins or as a perfect satellite clinic for the astute buyer looking to grow an underserved asset. The office embodies a terrific opportunity to build upon our client’s diligently laid plans and continue to expand upon the excellent reputation that the practice has built in the community.

Highlights of this practice include:

  • Very modern and comfortable space. Outstanding location.
  • 1,749 individual patients seen in last 24 months, with ~80% on 6-month hygiene recall & ~10% on 3 or 4-month hygiene recall
  • Assignment practice: 85% of patients covered by insurance
  • Extremely low A/R
  • Well managed clinic utilizing Dentrix software.
  • Fully digital charting and x-rays
  • Lean staff, low advertising, minimal overhead. Poised for growth.
  • Favorable lease with renewal options in place through 2037
  • Ample parking

Additional Purchaser/Advisor Information:

  • A Webinar will be held on Saturday, January 15th 2022, @ 4:00 PM (MDT)
  • Please click here to register for the Webinar
  • The Appraisal will be distributed prior to the Webinar to the registrants
  • A Confidential Open (by appointment only) will be held on Saturday, January 22nd 2022.
  • Instructions to draft an Offer to Purchase must be submitted on or before Wednesday, January 26th 2022.
  • 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
  • Our vendor is seeking to close the sale in early 2022

 

For additional information, please contact David Raborn or Dr. Wayne Raborn, Sales Representatives.

 

4688

Updated Listed – Reduced Asking Price – previously listed as Ref#4578

Peace Country

Charming, small-town Alberta offers a well-constructed building featuring a 4-operatory general practice for sale. The office is positioned in the centre of town and adjacent to the local medical facility and community centre.

The practice is long-standing. It began in 1994 and moved into a newly constructed stand-alone building in 2005. The facility is exceptionally well-designed, with ample space on the main floor for clinical operations. The lower level provides an excellent escape for the staff. It features a staff room, washroom w/ shower, storage area, mechanical area, and recreational space. The main floor boasts a reception room, business office, four well-appointed operatories, sterilization area, panoramic x-ray, and private office.

The current owner has the business on “cruise control” due to other interests. This practice offers a superb opportunity to expand hours, acquire new patients to increase production.

Highlights of this practice include:

  • Broad drawing area, excellent lifestyle. Chance to become the only dentist in the entire district.
  • Building is also available for sale
  • Unique opportunity to purchase this well-designed building
  • Features sustainable geothermic energy that powers this building
  • Long established clinic with ~1,600 active patients
  • Owner works only 24 hours/week
  • Paperless office, upgraded Sirona Cerec, and digital x-rays

Additional Purchaser/Advisor Information:

  • The Appraisal & Virtual Tour will be provided to pre-qualified purchasers prior to the Webinar.
  • Please click here to register for the Webinar.
  • Showings by appointment only.
  • 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.

4619

Updated – Reduced asking price

Edmonton

ROI Corporation is thrilled to present this well-established practice in north central Edmonton. Terrific location! The practice is highly visible, situated on the ground floor of a professional building with immediate proximity to hospitals, specialists and surrounded by residential neighbourhoods. In particular, there is a booming medical clinic and pharmacy on the same floor. Over the years, this has created convenient partners and an excellent source for steady new patient flow.

This is a unique opportunity – the owning dentist shared the space with an MD who retired and closed their practice on March 31st, 2021. Our client has professional designs and plans to renovate that space. This addition will double the facility used for dental care. A proposed ten-year lease with a tenant improvement allowance and free rent is awaiting the new owner. A seamless transition is anticipated, if necessary.

Highlights of this practice include:

  • 2,610 sq. ft. Three fully equipped operatories, with three more planned for a possible build-out
  • Loads of potential for growth by adding a Hygiene Program & expanded hours
  • Many referrals that could be done “in house” to boost revenue; ~ 15 procedures referred out monthly
  • Currently not offering any early morning or evening hours
  • Well managed. Assignment practice with no A/R over 60 days
  • Digital Pan X-Ray + brand new Primescan
  • Two 5 Year renewal options can extend the current lease to 2033
  • 2 washrooms; staff & patient
  • 1,037 Active Patients. Backed by a large, loyal patient pool of ~7,000.
  • Solo owner-operated practice.

Additional Purchaser/ Advisor Information:.

  • The Appraisal will be distributed prior to the Webinar to the registrants
  • Showings by appointment only.
  • 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.

Schmidt, Karl

karl-schmidt-roi-corp

Karl Schmidt is a senior business development executive with a proven track record of growing businesses that service the dental profession. With over 30 years in the dental industry, Karl has worked in executive positions for Henry Schein, Patterson Dental and RecallMax. He has spearheaded the launches of several key technologies that support the growth and efficiencies of dental practices and the industry as whole. Presently, Karl is also charged with Strategic Planning and Partner Management for ClearDent and is also on the board of directors of the Dental Industry Association of Canada and supports the market research portfolio.