N942-CBG

This very successful and respected general dental practice has been around since the late 70’s and has thousands of repeat patients. The practice did $700,000 in top-line collections in 2016 and the owner took well over $200,000 home in discretionary earnings for himself working only four days a week. The practice has averaged over $800,000 in collections over the past four years. 2017 is off to a strong start and should surpass last year in topline collections and have much better profitability. The 2,000+ sq. foot practice is located in a busy and established area near a hospital. The owner is willing to lease the real estate or sell the property outright. All equipment is in place and well cared for. The X-ray is also digital. The hard work of establishing a client base, staff and name is already done for you. Established practices this nice rarely come into the market at this asking price.

 

This practice is located in a well-known and booming Arkansas River Valley city. Home prices, outdoor activities and quality of living are all excellent. The practice has thrived pretty much by word-of-mouth and the owning dentist is now preparing to retire. The owner does almost no marketing and does not take Medicaid patients. With more strategic marketing and possibly taking on Medicaid, more patients and services, this practice could grow substantially for a new owner. The facility has five operating rooms, hygienists and a full and dedicated staff. The owner is willing to stay on and help with a seamless transition. Some owner financing may be available for qualified buyers and we can also help you find lender financing for the purchase of this practice. This practice will sell very quickly so contact us as soon as possible to see this practice in person and make an offer!

Asking Price: $440,000
Revenue: $695,419
Seller’s Discretionary Earnings: $209,984

 

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