Details

After almost 40 years in practice, this doctor is ready to start the transition to retirement and is looking to sell his practice with real estate. The property & building boasts 7 chairs with a total of 2,594 sq ft. This two-story building has an upstairs area with 2 more large unfurnished rooms with a loft that add great opportunity for expansion. This property has great road front exposure to a main highway and plenty of parking. Panama City is booming with growth for residents and is no longer just a place to visit. Get here before the boom! Panama City is known for its stunning white sandy beaches and emerald-green waters which makes it a dream place to live for those who love to be on the water. There is a person-to-dentist ratio of 7,000 to 1 within a 3-mile radius of this practice which is another key indicator that there is room to grow with minimal competition. To top it off, the household income for the immediate area is $93,000 per year.

The practice gets 15-20 new patients a month with ZERO marketing and has over 2,150 active patients seen in the last 24 months. There is a healthy hygiene program with 6 hygiene days per week. The practice comes with an established team that has been with the practice for many years and in turn, have excellent goodwill with the patients to make a transition seamless for a new prospective buyer. The seller has a focus on restorative dentistry but does do case-by-case endo and extractions.

The office operates at only 47.2% overhead and a profit margin of 52.8%. This practice takes home $387,750 after debt service.

DON’T WAIT, This one won’t last long. Contact Kyle Pace to learn more!

Gross Revenues:

2023 Through March: $243,166 — annualized to $986,173

2022: $928,382.07

2021: $860,693

Asking Price:

Practice: $715,000

Real Estate: $495,000

Practice: General

Details

Own Your Piece of Paradise: Thriving Dental Practice Awaits in Panama City!

Calling all passionate dentists seeking a vibrant practice and a dream lifestyle!

Retirement beckons for a seasoned dentist, creating a rare opportunity to own a thriving, well-established practice in the heart of Panama City, Florida. This is much more than just an acquisition; it’s a chance to become a pillar of a growing community and embrace a life enriched by breathtaking beaches and emerald waters.

Here’s why this opportunity is extraordinary:

• Turnkey Operation: Step seamlessly into a successful practice with 1477 active patients, a loyal and experienced team, and a robust hygiene program (28% of revenue).
• Prime Location: Strategically situated on a bustling highway with ample parking, this spacious 3,686 sq ft building boasts 6 operational chairs and room for expansion, offering immense potential.
• Untapped Potential:  A booming community with a dentist-to-patient ratio of 11,000:1 within 3 miles signifies minimal competition and vast growth opportunities.
• Focus on Growth: The seller currently refers out numerous procedures, including endodontics, orthodontics, extractions, implants, and most surgeries. This presents an exciting prospect to expand your service portfolio and maximize revenue.
• Financial Freedom: Own a practice with minimal marketing needs and a projected net income of $200,000 after loan repayment.
• Live the Dream: Immerse yourself in the idyllic Florida lifestyle, known for its stunning beaches and diverse recreational activities.

Don’t miss this chance to own a thriving practice, become part of a flourishing community, and live your dream in paradise!

Contact Kyle today to learn more.

Practice: General

Details

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

Practice: General