Humboldt – Updated Appraisal
ROI Corporation is pleased to bring this exceptional opportunity to the market. Located within an hour’s drive of Saskatoon, Humboldt’s economy is growing rapidly and about to explode.
Humboldt is a part of Saskatchewan’s ‘Iron Triangle,’ a vital hub for Ag manufacturing. Humboldt is located in the heart of the richest potash reserves in the world. BHP’s enormous $14 Billion investment into developing the Jansen Potash Mine, just ~30 km east, will make it the largest producing potash mine in the world, bringing thousands of high-paid, well-insured potential patients to the community. Clearly, the outlook for this economy is bright.
Our client established the practice in 2007 and professionally designed and constructed the stunning, immaculate stand-alone facility they moved into in 2017. The clinic is highly visible, and large retailers are next door, although residential is also nearby. It is close to the main artery that takes you to Saskatoon. The 3,785 square foot 2-storey building showcases top-end finishings, soaring vaulted ceilings and natural light that illuminates the entire space, including the 7 opts that are comprised within. Two of these operatories are enclosed. Also, on the main floor is a lab, steri centre, consult room, private office, staff room, and a locker room with laundry. Three washrooms round out the first floor.
There is loads of space for storage and an impressive mechanical room in the finished basement. On the second-floor retreat, you will find the associate’s office, a fourth washroom and a large meeting room. There is also a workout centre in the loft. An accepted offer for the building or a lease with an option to purchase the building from our client would be a condition in an offer for the practice.
There is a dental therapist, 2 hygienists, 2 receptionists and 4 chairside assistants. The dental therapist works 1 day a week. Our client kept all assistants on payroll following the previous associate, who left in March 2023. This will ensure no staffing issues going forward. The clinic has seen 1,596 patients in the last 12 months, with next to ZERO advertising. The office is open Monday through Thursday and alternate Fridays. Abeldent software is utilized within this digital office.
The owner could be available to stay on as an associate. Making it simple for the buyer to build the practice, gain the staff’s confidence, and retain patients.
Highlights of this practice include:
- Prime location in Humboldt, a city with lots of growth on the horizon
- Professionally designed, stand-alone building, built in 2017 – offered for sale
- Fully digital office operating with Abeldent software
- Continuity offered with the Vendor staying long-term as the new associate
Additional Purchaser/ Advisor Information
- The Practice Profile and virtual tour will be distributed to interested buyers who have completed a ROI Corporation Confidentiality Agreement
- Showings will be accommodated 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 or Dr. Wayne Raborn, Sales Representatives.