South West Saskatchewan
Outstanding opportunity to acquire a highly productive, modern optometry practice in a thriving Saskatchewan community.
Established in 2013 and relocated to a brand-new, purpose-built ~2,500 sq. ft. facility in 2018, this practice operates under a strong and recognizable local brand and has quickly become the community’s preferred destination for comprehensive eye care and eyewear.
Highlights of this practice include:
- Modern 2018 build-out in an excellent, high-visibility area
- Strong retail optical component with curated dispensary
- Well-managed, fully digital office operating on Visualize software
- ~4,000 individual patients seen in the past 2 years
- 2 experienced opticians working 4 days per week
- Owner currently practices just 2 days per week at this satellite location
- Consistent high production and efficiency
- Booking schedule extends 36 weeks ahead, showing clear demand to expand OD hours
- Turn-key opportunity with group already built in
This practice is exceptionally well-managed and enjoys strong patient loyalty. Demand significantly exceeds current doctor hours, providing a purchaser with immediate opportunity to increase revenue simply by expanding availability.
Unique Real Estate Component
In addition to this offering is the 2-bedroom, ~ 1,100 sq. ft. apartment located directly above the clinic.
Ideal for:
- A purchaser commuting into the community
- An associate building hours before relocation
- A week-on / week-off schedule
- Additional rental income potential
This flexibility dramatically reduces barriers to entry for buyers who may not wish to immediately relocate full-time or for a corporate needing housing for associates.
Opportunity Profile
This practice would be ideal for:
- An independent optometrist seeking a strong, established platform
- A group practice looking to expand into a high-demand market
- An optometrist seeking immediate cash flow with expansion upside
The clinic is fully built, fully staffed, and fully booked — yet still under-serviced relative to market demand.
Additional Purchaser / Advisor Information:
- The Practice Profile will be provided within 24 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
- The Appraisal & photo package is available for qualified parties
- Showings by appointment only.
- ROI Corporation will prepare all offers on our standard forms for your lawyer’s review
For additional information, please contact Mr. David Raborn, Sales Representative.
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.
Saskatoon
A unique opportunity has emerged to purchase a long-established periodontal practice. The clinic is highly regarded by the community and other professionals which is reflected in the excellent volume of referrals.
This 1,693 sq. ft. practice is on the 10th floor of a very busy retail building providing an incredible view of the city. The building itself and the surrounding environs of this busy downtown location is home to many general dentists providing significant potential for further growth and referrals.
The 3-operatory clinic is well-maintained with pristine work areas, an inviting layout and a wealth of natural light. There is an additional room that is roughed in for a 4th op. Given the current workload and strong hygiene program this practice makes a compelling case as a satellite office for an existing owner or a great investment for a first time buyer looking to step up into ownership.
Highlights of this practice include:
- Good recall system
- Solo practitioner practice with no associates
- Full of potential to grow and modernize the facility
- Opportunity to expand the facility
- 2 washrooms in suite
Additional Purchaser/Advisor Information:
- 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, Associate.
Regina
Located in a retail plaza, this established practice opened its doors in 1994. Centralized in one of the city’s largest residential subdivisions, it is still under active development and sees scores of young families choose to lay roots in this popular part of town. The community is also showing increased residential density with a mix of multi-unit dwellings that adds nicely to the patient mix, new patient flow and potential service offerings.
This is a non-assignment office boasting a progressive hygiene program and a comprehensive list of services referred out that a new purchaser could easily manifest into a significant revenue increase. Our client is happy to support a tasteful introduction and nurture the significant goodwill of the patient base that predominantly live or work in the immediate area.
The retail storefront, strong lease and established patient base set stage for a rewarding professional endeavour for a purchaser looking for a solid dental office to build equity.
Highlights of this practice include:
- Non-assignment practice with the exception of a small percentage of patients under special circumstances.
- Extremely low accounts receivable.
- Significant amount of preventive and restorative procedures
- Office hours can be expanded
- High percentage of referrals come from the patients
- 95% of the patients live and work in the area
- Lease runs to 2032
- The hygiene program generates over 33% of gross billings
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request to those who have completed a ROI Corporation Confidentiality Agreement
- A Virtual Tour will be available for qualified purchasers on Saturday, May 4, 2019
- The Appraisal will then be sent to those qualified purchasers after review of the video
- 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 please contact, Nicholas Boyle, Sales Representative on behalf of Sandy Evans, Broker & President of ROI Corporation.
Saskatoon, Saskatchewan
This is a well-established Endodontic practice consisting of 3 operatories (2 equipped), in a ~1,410 sq. ft. facility.
Located in a vibrant, growing city often described as the “jewel of the prairies”.
Our client enjoys a relaxed, 4-day work week.
There is a solid referral base and the vendor is willing to provide introduction to referral sources. Vendor is also willing to stay on as an associate on a part-time basis.
This opportunity will appeal to an experienced Endodontist wishing to relocate in an economically stable and growing community, or to a newly graduated specialist who will have ongoing support from a mentor.
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided to those who have completed a ROI Corporation Confidentiality Agreement
- The Appraisal will be supplied after a Confidentiality Agreement is confirmed
- Your offer must be accompanied by a 10% deposit payable to “ROI Corporation IN TRUST”
Rural Saskatchewan
This is an exciting opportunity to buy one-half of a cost-share partnership in a long standing, successful practice. It is located in a medium-sized town that serves as an economic centre for the region.
Centrally located in the business district, this is a fully modern practice offering high gross revenues with hygiene support, on a relaxed schedule. The cost-share partnership allows for mutual coverage of schedules, low overhead costs, mentorship and a collegial environment.
This practice has a large patient base and commands a sizable drawing area. The nearest dental practice is located more than 100km away providing a large captive population for the office.
Why not enjoy a laid back rural lifestyle while being busy and profitable?
Highlights of this practice include:
- Large active patient base
- Large drawing area, captive population base
- Modern, digital practice
- 4 operatories
- Low overhead (50%)
- Impressive potential return on investment
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of request to those who have completed a ROI Corporation Confidentiality Agreement
- Confidential Open will be held by appointment only
- A Practice Appraisal will be available following vetted inquiries of interest
Saskatoon, Saskatchewan
A unique opportunity to acquire a busy general practice located in Saskatoon. This is a fully digital practice that offers the potential to grow with Saskatoon, the rapidly expanding economic centre of Saskatchewan.
Highlights of this practice include:
- High profile central location
- Established over 30 years in same location
- Many restorations are completed using CAD/CAM technology and single visit appointment protocols
- Potential to extend hours and treatment providers
- Owner wishes to retire after a successful career
Rural Saskatchewan
This is an exceptional opportunity to acquire a well-established, profitable practice at a reasonable cost in the heart of pleasant, rural Saskatchewan’s “wheat country”.
The practice has a large draw area with no other dentists in the immediate area. The practice is centrally located in a busy, municipal building in a medium-sized town. There are 3 operatories with room for expansion in a large, pleasant space.
Highlights of this practice include:
- Full time hygiene support
- Stable staffing
- Large drawing area
- Close to large municipality and airport
Additional Purchaser/Advisor Information:
- A Practice Profile will be provided within 48 hours of your request to those 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
Reema was born in India but has called Winnipeg her home since a very young age. After Certification in Architectural Drafting, she met and married her husband then resided in Edmonton. Being married to a dentist, Reema grew fascinated with the field and decided to become a dental assistant. She received her certification after successfully finishing the program from KDM College. In 2014, they bought a family dental office in Grande Prairie. While helping her husband with the clinic, Reema decided to pursue her career in real estate and is currently licensed with the Manitoba Real Estate Board.
As Reema’s husband is attending the graduate prosthodontic program, they decided to sell their clinic. Going through the sales process of their own clinic through ROI was a life altering experience. During this process Reema realized that the sale of one’s office is one of the biggest decisions in a practitioner’s life; and how finding that right person to take over your life’s work can be a very challenging and important decision.
Through her journey in the dental industry Reema gained unique exposure to all the facets of a private dental practice from buying to managing to selling, which she will bring to ROI. The opportunity again came for her to move back to Winnipeg, where she got an opportunity to work for ROI and represent Manitoba and Saskatchewan.
As your representative and agent, Reema’s goal will be to ensure not only getting you a fair market value of your practice but she will try her best to ensure a smooth and harmonious transition for you and the buyer.
In her free time, Reema enjoys traveling, cooking, trying new things and meeting new people. She with her husband have 3 wonderful girls and a stubborn dedicated puppy.
