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Sale Structure: Asset Sale
Owing to mitigating personal circumstances our client has been reluctantly compelled to sell their high quality, long-standing practice of more than 20 years. The office is located in a medical building in an established and affluent neighborhood that hosts a wealth of Government and private office spaces, large condominium developments, independent stores and recessed residential streets.
This two pronged opportunity can take the form of a goodwill sale or a practice sale. We are currently in the process of doing an appraisal of this practice.
Highlights of this practice include:
- Approximately 275 active and loyal patients
- Average monthly production of approximately $20,000 for previous 4 years
- Approximately 45% of production is hygiene (10% perio hygiene)
- 80% of patients have insurance coverage
- The practice is made up of high dental IQ patients respecting traditional appointment hours
- Depending on terms the office manager (spouse) may be willing to assist in the transition
This is the perfect opportunity to add instant revenue in this competitive dental region. Our vendor is motivated and all respectful offers will be entertained.
If you are interested in learning more about this opportunity, please contact David Rourke.