Business Overview:
Dentists looking to open your first location or expand into a second location, this dental practice business is for you! Located in a busy, prominent part of Louisville, this practice has a history of strong financial performance and patient retention. Patients at this practice are cared for by one tenured dentist and one dental assistant, with temporary dental hygienists from a temp agency also utilized. All equipment is either new or well-maintained and annually serviced, allowing the practice to operate at a highly efficient level. In terms of insurance, this practice is in-network for all major carriers. These factors combine to create a great dental practice that retains nearly 1,500 recurring patients.
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Property Features and Assets:
The practice is operated out of a 1,400 square foot space on a highly trafficked street in Louisville. It includes two exam rooms, one dentist office, a large back office / storage room, and a large front desk / waiting room area.
Assets = $130,184.
Market Competition and Expansion:
Competition is high in the Louisville market, as there are many dental practices throughout the city. In close proximity to this practice, there are a handful of other small practices. However, this practice does have longer hours than most other dental practices in the area.
While the practice has seen strong growth in recent years, there is room for further growth and expansion in the current location. One option would be bringing another dentist into the practice. A second possibility for practice growth is opening up Saturday appointments.
Reason for Selling:
The owner is planning to retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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