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General Information: Annual Gross revenue: $500,000. (4 days per week) Description of Practice: Very Busy, Highly Profitable General Practice needs young owner to take it to the next level. Transition Plans: 66-year-old Seller will stay for 1 - 2 years on a declining work schedule as an associate of the new owner. OR - Seller will leave after a brief transition - THE NEW OWNER GETS TO DECIDE. Seller is a very active outdoorsman, but two surgeries in 2005-2006 have slowed Seller clinically. Location: Northwest Cincinnati (White Oak / Groesbeck / Mt. Airy Area). Easy access to I-275, Galbraith and Blue Rock Roads. Seller owns the stand-alone building located on a corner lot. Favorable rent terms available to the new owner. Excellent street visibility and very high traffic count on this main commercial thoroughfare. Staff: Is not aware of the sale but would likely stay with the practice. Front desk, chairside and hygiene. Physical Facilities: 3 operatories plus a 4th emergency/prostho room. Panoramic, staff lounge, private and business offices. Equipment is well-maintained older Dent-al-Ez. number of patient visits in year 2005 (by computer count): 3,500 + Practice Demographics: 1,500 active patients, 3,000 annual patient visits, 25% crown and bridge. This is a very solid practice that needs a younger dentist to tend it. Sources of Revenue: Seller derives 70% of the practice revenue from cash and insurance, the remainder from selected PPO plans. Practice Promotion: Seller does not advertise the practice, but you can use the 50% margin profit to develop this practice to its fullest potential!!! |
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