Business for Sale Overview:
Well located, growing general dentistry practice in newly renovated facility. Emphasis on cosmetic makeovers, restorative work, dentures, and hygiene. Excellent cash flows and financials. Land and building available for sale. See Practice Profile and other supporting documentation in file. Selling dentist has been in practice 4 years in this location following the purchase of the practice from a dentist operating out of the same building. Current owner dramatically improved the facility and subsequently increased collections. Collections were $594,636 in 2006, $677,042 in 2007, $624,562 in 2008 and are projected at $733,000 for 2009. Selling dentist works 3.5 days per week managing the practice.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Property to be sold at $675,000. Stand alone, 2,265 square feet, Facilities completely remodeled just off main traffic route near downtown. Paved parking front and rear. Immaculate inside and out (0.5 acres nearly).
Market Competition and Expansion:
Practice is one of many in community. Pricing is competitive. Although annual "production" averaged $732,000 over the last 3 years, actual collections averaged $652,000 per year over the same period due to tithing. 2009 results appear to be better than past years. The practice averages about 19 new patients per month.
Reason for Selling:
Relocation
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.