Ref# 5300
Rural Saskatchewan
Rural practices have proven time and time again to be far more profitable than those in major urban centers. Our clients own 2 practices in small towns. Both are associate driven. Our vendors are motivated to sell and the opportunity to own real estate is also available. Each office has work/life balance schedules with room to grow, and the same person can easily work in both locations. These clinics are approximately 2.5 hrs from Regina and 3.5 from Saskatoon.
A recorded webinar for interested parties, hosted by Jackie Joachim, Chief Operating will be available to qualified parties. To register, please click the link https://attendee.gotowebinar.com/register/1312345644419393371.
Highlights of Practice #1 Include:
- Practice Value: $738,820
- Gross Revenue: $565,995
- Cash Earnings: $273,443
- Dental office set up in 2018
- No dentistry or hygiene provided on Mondays, Thursdays and Saturdays.
- Approximately 1,500 active practice
- Diagnostic is ~13%, Hygiene is approximately 18% while restorative is approximately 47%
- Practice follows fee guide
- Assignment office where 50+% of patients have excellent insurance, 6% social service, 2% NIHB and 3% CDCP
- Excellent collection policies with low accounts receivable
- Software is Dentrix
- 3 fully equipped operatories, business office, staff room and 2 washrooms
- Charts and x-rays are digital
- Office spanning ~ 1,700 square feet
Highlights of Practice #2 Include:
- Practice Value: $626,120
- Gross Revenue: $418,032
- Cash Earnings: $168,558
- Dental office set up in 2018
- No dentistry or hygiene provided on Tuesdays, Wednesdays and Fridays.
- Approximately 1,300 active practice
- Diagnostic is ~15%, Hygiene is approximately 17% while restorative is approximately 49%. 11% oral surgery component
- Practice follows fee guide
- Assignment office where 53% of patients have excellent insurance, 7% social service, 8% NIHB and 3% CDCP
- Excellent collection policies with low accounts receivable
- Software is Dentrix
- 3 fully equipped operatories, additional 2 plumbed, in-house lab business office, staff room and 2 washrooms
- Charts and x-rays are digital
Office spanning ~ 2000 square feet
Additional Purchaser/Advisor Information:
- There will be no practice profile
- The Appraisal will be distributed following the webinar
- Offers will be presented as received
- 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 Grace Oly, Business Development Officer.