Looking for a practice with lots of patients, strong new patient flow, a good hygiene program, lots of dental upside, low costs and a great lease? This one has it all!
Over 3,000 patients have attended the practice in the past 2 years. New patient flow is approaching 300 a year. Hygiene compliance (the percent of patients over the past 12 months that have had a hygiene appointment) is 91% compared to average practices at 87%
The conservative approach taken by the current owner suggests considerable upside potential in the practice. Costs in this practice are below average, yielding above average profitability. Currently, cash flow before dentist’s compensation is in excess of $700,000, with upside well above that.
The practice is located in a very high traffic retail plaza with a number of strong anchor stores. The lease for this 1,700 square foot facility runs until 2025. Plus, there are 3 additional five year renewals – with no relocation or and demolition clauses! There are currently 4 ops, with a 5th room plumbed and wired.