Details

New to the market is a general practice located in Coral Springs, FL, that won’t last long. The seller will be relocating which gives you a rare opportunity to acquire a highly successful and well-established practice that has demonstrated impressive financial performance and growth. The practice is open five days per week and historically averages ~$1M in collections (more details below).

Key Highlights

Prime Location: Situated in a vibrant shopping plaza, this practice is strategically positioned to attract a steady stream of patients due to its exposure and foot traffic from nearby anchor tenants that are neighborhood favorites.

Modern Facility: The practice features four fully-equipped operatories inside 1,125 sq ft, complete with state-of-the-art technology including Eaglesoft, a CBCT machine, iTero scanner, and XDR Imaging Software.

Payor Mix: A balanced mix of 20% Fee-For-Service and 80% PPO, providing a stable and diverse revenue stream.

Patient Base: A loyal base of 1,457 active patients along with an impressive average of 31 new patients joining each month. The practice has over 400+ five-star reviews on Google, which a buyer would assume.

Affordable Rent: Monthly rent, including CAM and sales tax, is competitively priced at $5,097, offering a favorable cost structure.

Net Collections:

TTM June 2024: $1,030,261

2023: $1,045,006

2022: $939,419

This is a unique chance to step into a flourishing dental practice with a proven track record of success and growth. Don’t miss out on the opportunity to own a practice in a prime location with a strong patient base and excellent revenue potential.

Asking Price:

$938,400

To learn more about this opportunity, contact Joe Booksh at Joe.Booksh@doctors-choice.com