Listing Description

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  Kyle Pace

  Office: 479-799-6743
  kyle.pace@doctors-choice.com

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Listing Description

Take the next step in your career with this high-performing, patient-centered practice in sunny Panama City! With strong collections, low overhead, and a prime patient-to-dentist ratio, this practice offers an incredible foundation for long-term growth and profitability. Here’s what makes it the perfect fit:

Why This Practice Stands Out
– High Patient Demand: Serving approximately 6,500 patients per dentist within a 3-mile radius significantly above the industry standard of 2,000 to 1.
– Proven Hygiene Revenue: Hygiene services generate 20% of collections in 2024 and 22% in 2023, meeting and exceeding industry norms.
– Desirable Location: Located in Panama City, FL, with a steady, growing patient flow in an attractive area that’s great for building relationships and establishing roots.

Strong Financials with Room for Growth
Net Collections:
– July 1st, 2023 through June 31st, 2024: $896,515
– 2023: $902,896
– 2022: $709,497
Profit & Overhead:
– Overhead: 44.44%
– Profit: 55.56%
– This practice takes home $419,731 after debt service

This stable cash flow and manageable overhead give you financial freedom to invest in expanding services or optimizing operations to suit your style of practice.

Your Patient Base Awaits
– Active Patients: 1,358 in the past 24 months, averaging ~43 new patients monthly
– Payor Mix:
– 60% PPO
– 32% FFS
– 8% HMO

Additional Practice Highlights
– Efficient Operations: Streamlined collections and A/R with essential equipment, allowing you the flexibility to add equipment as needed to match your vision.

This is the perfect setup for a dentist ready to step into ownership without the hassle of building a patient base from scratch. Reach out today to learn how this established practice can become the foundation of your future in Panama City!

Asking Price:

$712,000

• 

  Kyle Pace

  Office: 479-799-6743
  kyle.pace@doctors-choice.com

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Listing Description

• 

  Kyle Pace

  Office: 479-799-6743
  kyle.pace@doctors-choice.com

---

Listing Description

Positioned in the thriving hub of Pensacola’s medical triangle, this exceptional general practice is primed for a new owner to step into a legacy of excellence. With annual collections consistently hovering around $900k, this practice stands as a testament to over 30 years of dedicated service to the local community.

Boasting an impressive average of 35+ new patients each month, despite being exclusively in-network with PPO insurance plans, the practice has cultivated a robust base of 2,272 active patients seen in the last 24 months. A testament to its commitment to patient care, the practice maintains a flourishing hygiene program and is supported by a seasoned team whose tenure ensures seamless continuity for a new owner.

Specializing in restorative dentistry, the current owner also undertakes select Invisalign cases, endodontic procedures, extractions, and limited implant placements, offering a diverse range of services to meet patient needs.

Nestled within a single-story multi-unit professional plaza, the office enjoys prominent signage facing the main road and ample parking—a convenience appreciated by patients. Spanning 2,400 sq ft, the condo unit houses 5 chairs with the potential for expansion, including a plumbed but unutilized room that could be converted into a sixth operatory. The upper level presents further opportunities for expansion or administrative utilization, showcasing the versatility of the space.

With net earnings before debt service totaling $263,189, this practice represents a rare opportunity for a new owner to step into a well-established, profitable venture with ample room for growth and expansion.

Asking Price:

Practice:$653,200

Real Estate: $548,000

• 

  Kyle Pace

  Office: 479-799-6743
  kyle.pace@doctors-choice.com

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