Listing Description

Stunning, quality practice located in a highly coveted area in Broward County. The seller is transitioning to retirement and is looking for a quality clinician to take over the legacy. The office is over 1500 sq. ft. with 5 ops outfitted with top of the line ADEC everything. The build out is of superior quality with high end custom cabinetry and windows in every op.  The employees are long-term and dedicated and would like to stay on!

The office is FFS and PPO only, there are just under 1500 active patients on the 24 month report and the office does zero marketing. The current owner enjoys a schedule that accommodates family time and leaves room for a new buyer to increase production easily. The office has spared no expense with air purifiers and external suction units for infection control.

2019 gross: $762,188.00

2020 (annualized, closed for 3 months): $695,232.82

2021 (12 month rolling P&L through October 2021): $ 689,533.55

Asking Price: $604,700.00

Want more information? Contact Dr. Janice Luke

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  Dr. Janice Luke

  Office: 561-704-8940
  janice.luke@doctors-choice.com

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Listing Description

RARE Opportunity // Orthodontic Practice For Sale with Real Estate!

Established Ortho practice for sale located in the family-focused demographic of Western Broward County. The median age within 5 miles of this location is 39 years old with 27,000 children between the ages of 6 to 17 years old. You will also find 65 schools within a 5-mile radius of this practice location to give you an endless resource for new patients.

The practice has a great reputation with over 200+ 5-star Google reviews and has a healthy mix of referral sources, as well as self-marketing, sourced new patients/starts so that the practice is not solely dependent on one or the other. The seller is only in network with PPO insurances and does not accept any Medicaid.

You will never have to relocate due to outgrowing the location as the physical office is 2,316 sq ft with a total of 8 chairs where 6x chairs in the open bay area and 2x chairs in private rooms. This turnkey practice is modern in regard to decor and equipment and includes a CBCT machine from Carestream and OrthoTrac Practice Management Software. This office is open 1 day per week and with an average of 9 new starts per month, 45 patients seen per day, and 157 cases in progress. If someone dedicated more days to this location, it would explode with growth.

Collections:

2022: $404,430

2021: $409,175

2020: $400,627 (With Covid Adjustment)

Contracts Receivable:

$226,000.00

Asking Price:

Real Estate: $715,000.00

Practice: $386,900.00

Interested in knowing more? Contact Ricardo D’Avila to learn more.

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  Ricardo D'Avila

  Office: 954-635-7991
  ricardo.davila@doctors-choice.com

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