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Medical Clinics In Calgary For Sale

Calgary, Alberta, Canada
Asking Price:
$600,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$200,000 (CAD)

A large well-established medical clinic group consisting of two established locations for sale in Calgary. One location is located in a popular mall which is 10 mins from Downtown Calgary in Calgary NE. While second location is in a very desirable community in Calgary NW.

Between the two locations the company has 10 Full time Family Physicians who have established practices and dedicated support staff and clinic manager. The business has shown consistent positive cash flow of over 200k for past number of years. Expected to generate similar levels of cash flow in the coming years to come.

Owner wishes to convert the clinics into a group practice owned by multiple physicians. Partnerships available for a Physician who wishes to practice in the area and has ability and know/how to manage a medical practice. Owner wishes to retire in few years and reduce his involvement in the business. Owner is willing to stay on as an equity partner and help manage the clinic for next few years.

The business is priced at a very reasonable price of 600k (for a Practicing Physician only) which is far below the replacement value of the business.

If interested, please contact us by filling the form given below.

Please note that inquiries from a non Physician / investor will be entertained only if the party owns/manages medical clinics. If you are a Non-Physician investor then please provide background information of their business experience and what role do they expect to play as a Business owner or partner. Only compatible party will be approached.

Please explain the situation in your initial contact.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Lease

Lease Terms:

2 years remaining in current 5 year term. There is option to extend the lease

Lease Rent:
$24 (CAD) per sq ft per annum
Location:

Two locations in desirable locations

Premises Details:

Located in a Popular Malls

Planning Consent:

All permissions are in place

Business Operation

Expansion Potential:

Potential to expand. At its peak , business had cash flow of 350k

Competition / Market:

Stable Medical Practice with established and loyal clientele and Staff Physicians. The fortunes of the business is tied directly to ability of the clinic to attract and retain good physicians

Reasons for selling:

Owner has multiple businesses. Preparing to retire in near future.

Trading hours:

7 days a week

Employees:
15
Years established:
2007

Other Information

Support & training:

Owner willing to continue as equity partner for few more years.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Willing to provide Loan

Furniture / Fixtures value:
$600,000 (CAD) - included in the asking price

Contact Seller

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