Details
Seize this exceptional opportunity to own a combined Orthodontic and Pediatric dental practice in a prime location. Nestled in a vibrant 4,400 sq. ft. facility, this practice boasts 6 open bay chairs, a private pediatric quiet room, and two state-of-the-art consultation rooms. Designed for optimal workflow, the office features cutting-edge technology and meticulous attention to detail. Ideally situated on an out parcel of a major retail hub, the office benefits from excellent visibility and high traffic from two major roads, complemented by convenient and ample parking.
– Orthodontic Practice: Operates 2 days per week, managing 769 cases in progress, with an average of 24 new starts monthly. Currently holds $835,403 in contracts receivable. The practice generates patients both from its own marketing strategy as well as 30+ referring doctors. There is an excellent online presence and reputation for a new buyer to assume.
– Pediatric Practice: Newly established, operating 1 day per week with appointments booked 10 weeks out. An expansion to 2 days per week is underway to accommodate growing demand. Last year, the practice averaged 36 new patients per month with a report showing 507 active patients over 24 months. The practice is only in network with PPO plans and one HMO plan. There is no Medicaid component.
Financial Performance:
– 2021 Net Collections: $1,369,848
– 2022 Net Collections: $1,142,778
– 2023 Net Collections: $1,095,815
– 2022 Net Collections: $1,142,778
– 2023 Net Collections: $1,095,815
Asking Price:
$1,099,000.00
For more information contact Janice Luke