NEW LISTING – Dental Practice #473
Well-established general dentistry practice available for immediate purchase. Located in a small professional building. Very strong hygiene activity (50% of revenue). 5 total ops. 4 currently equipped. Seller is retiring.
Physical facilities:
- 2,300 sq. ft. (approx.) office in single story professional building
- Room to expand next door
- Monument signage on major street
- Seller’s lease is month to month – Landlord has proposed new lease at $3,840/month
- Five (5) total operatories – 4 are fully equipped, one additional unequipped
- Proline EC digital panoramic
- Schick digital radiography with 3 sensors
- Reception area and business office, Consult office
- Sterilization and lab areas, staff/break area, private doctor’s office
- Dentrix software – Office server w/ 8 total workstations
- Additional server for digital with 6 workstations
- Physical assets valued at $110,000
Practice information:
- Mostly PPO patient base
- Averaging approximately 5 new patients/month in last 12 months
- Very limited website. No external marketing
- Software scan yielded approx. 901 unique patients seen in past 24 months
- Office open 4 days/week (Mon to Thurs)
- Doctor sees patients 4 days/week (Mon to Thurs)
- Averaging 6 hygiene days/week
- Staff: 2 PT hygienists, 1 RDA, 1 Front
- 15-month collection average through March 2019 is $35,594
- Annual Collections for
- 2019 $383,528 (annualized)
- 2018 $438,035
- 2017 $450,582
- 2016 $474,288
Price:
$261,000 Exclusive of Accounts receivable
