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.
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.
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.
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.
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.
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:
- 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.
Initially Posted with an asking price of $3,250,000
Downtown Edmonton
Once in a lifetime opportunity! Spectacular, state-of-the-art GP operation in superb locale.
This long-established practice was seamlessly transferred into the current, exceedingly well-designed and furnished facility in 2012. The location provides excellent visibility on a major thoroughfare within the Ice District, in the heart of downtown Edmonton. Exponential growth awaits, with positive future development well documented in this already thriving community. The future is truly limitless.
Open Monday through Friday, there are currently no evenings or weekends booked. Our client runs one of the most organized and well-managed practices we’ve ever appraised in Alberta. Cutting edge dental technology is featured throughout the ultramodern clinical layout. Examples would include 2 complete Cerec machines, multiple lasers, an iTero scanner and new I-Cat radiographic unit. The opportunity to increase additional service providers without needing to add chairs, as only 7 of the 11 fully equipped operatories are fully utilized in the spacious office. The 4 operatories yet to be engaged ensure that the new owner will have further room to expand and develop along with patient demand.
The owner wishes to assist in a smooth transition. Staying on to ensure the success of the buyer is important to our client. This listing will resonate will many buyers and should command your immediate attention.
Highlights of this practice include:
- Established in 1987, moved to current location in 2012
- Excellent Growth: 40 New Patients/month, 2,448 Active Patients as of Jan 26, 2021
- Apparent steady growth has yet to be completely realized from June 2020 purchase of a former space-sharing partner’s ~1,000 active patients
- 2020 Gross Income in ten months open $1,875,684
- Mezzanine level, plenty of parking available
- Facility designed by the Wolski Design Group
- Six heated underground parking stalls available for owner and staff
Additional Purchaser/Advisor Information:
- A Webinar will be held on Sunday, March 14, 2021 @ 2:00PM (MDT)
- Please click here to register to the Webinar
- Instructions to draft an Offer to Purchase must be submitted on or before Friday, March 19, 2021
- 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.
