These 2 practice are currently owned by a corporate dental group that is looking to sell.
They are very large practices with nine (9) operatories in one and 12 in the other. A very good staff.
The current dentist desires to retire but will agree to work a transition along with the other 3 dentists working in BOTH offices.
They have historically done 1,580,000+ in one and 2,140,000 in the other.
They are BOTH in a commercial area. The lease is assignable. T
he practice are in network with insurance.
The staff in both are great and desire to stay – -Both offices have 2 dentists and a good Hygiene department.
The current OWNER doctor desires to retire BUT will agree to work a transition to insure goodwill is transferred. The existing dentists are under contract and all desire to stay,
Both practices are very large. One has 12 operatories and the other has nine operatories. They have technology such as 3-D x-ray and scanners. They’re very busy and they are both in commercial retail areas with good visibility. They are all in good shape with good equipmentand have good leases that are assignable.
Strengths:
It’s location and it’s capacity
Challenges:
The 2 practices are remarkably very busy.
Opportunities:
This could be a good growth opportunity for a groups portfolio