RARE Opportunity // Orthodontic Practice For Sale with Real Estate!
Established Ortho practice for sale located in the family-focused demographic of Western Broward County. The median age within 5 miles of this location is 39 years old with 27,000 children between the ages of 6 to 17 years old. You will also find 65 schools within a 5-mile radius of this practice location to give you an endless resource for new patients.
The practice has a great reputation with over 200+ 5-star Google reviews and has a healthy mix of referral sources, as well as self-marketing, sourced new patients/starts so that the practice is not solely dependent on one or the other. The seller is only in network with PPO insurances and does not accept any Medicaid.
You will never have to relocate due to outgrowing the location as the physical office is 2,316 sq ft with a total of 8 chairs where 6x chairs in the open bay area and 2x chairs in private rooms. This turnkey practice is modern in regard to decor and equipment and includes a CBCT machine from Carestream and OrthoTrac Practice Management Software. This office is open 1 day per week and with an average of 9 new starts per month, 45 patients seen per day, and 157 cases in progress. If someone dedicated more days to this location, it would explode with growth.
Collections:
2022: $404,430
2021: $409,175
2020: $400,627 (With Covid Adjustment)
Contracts Receivable:
$226,000.00
Asking Price:
Real Estate: $715,000.00
Practice: $386,900.00
Interested in knowing more? Contact Ricardo D’Avila to learn more.
Reference#: RD051023