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Sale Structure: Share Sale
This 3-operatory practice has been established in the current location for over 30 years. Situated in a busy medical building, the dental suite occupies approximately 850 sq. ft. on the second floor, accessible by elevator.
Our clients opted for month-to-month premise lease and based on their long-term tenancy they have felt secure in this arrangement. ROI Corporation will assist the buyer in every way possible to secure a new, long-term lease to assure continuity and bank financing.
The practice has approximately 2,000 active patients and accepts assignment of insurance benefits. Annual production is approximately $900,000. Two partners own the practice and they each work there on a part-time basis. Additionally, there are two other part-time associates.
The hygiene program represents an opportunity for additional revenue for a new owner. Presently, only 21-23% of production comes from the hygiene program.
The owners and associates are willing to continue to work at the practice after the sale.
An Open is scheduled for Sunday, June 21st, 2015.
For more information or to book an appointment, please contact Bill Alton.