This practice is located in a densely populated residential/commercial area on a major thoroughfare, and the strong new patient flow has allowed this practice to continue to grow. With over 900 patients, the practice has shown very strong year over year revenue growth underpinned by strong growth in the patient base. Encouragingly, growth in the past 12 months has been entirely driven by hygiene increases, and as hygiene is often the platform on which the rest of the practice is built, it is not surprising that this practice has such strong profitability.
The 1,121 sq. ft. facility has 3 operatories, a staff room that is plumbed and wired to be a fourth operatory, and a doctor’s office. Equipment for the fourth operatory (current staff room) has been purchased and is available to a purchaser at cost if desired. The practice has digital charting, digital radiography and a panorex in place and in the last five years there have also been updates made to the flooring, walls, ceiling, as well as replacement of most of the cabinetry and equipment. The current term of the lease runs until 2019, with two additional 5 year renewal terms.
The vendor is willing to stay on 2 days per week to help with a smooth transition.
There will be an opportunity to view the practice scheduled by appointment only. Please review this practice profile closely. If you are seriously interested in this practice based upon the profile, and already have a Confidentiality Agreement on file with us, we can provide you with a full practice appraisal.