Barely 10 years old, this modern, 1,450-square-foot facility oozes charm and sophistication with 4 large ops, contemporary décor, and top-of-the-line equipment. Fully digital, with a Cerec system and Waterlase, the office offers many of the latest technological “toys” for cutting edge dentistry. The practice’s prominent location in a busy, metropolitan core, along with its storefront visibility and esteemed reputation drew approximately 350 new patients in the past year.
This practice is growing steadily, with over 2,250 patients and more than $1.5 million in revenue. A strong hygiene program and an efficient cost structure are driving above average profitability with forecasted cashflow of $450K after doctors’ compensation. Hygiene patients are consuming 24% more hygiene care than an average practice; whereas, the dentistry is quite conservative with an estimated 185 outbound referrals annually, mainly endo, surgery and ortho. This is a highly desirable combination for a purchaser, providing both a consistent, dependable revenue stream along with opportunities for revenue development.
The space is leased, with at least 9.5 years of tenancy length, with no demolition, renovation or relocation clauses. Dedicated to ensuring a seamless transition, the seller is willing to continue as an associate with a flexible schedule for up to two years.