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General Information: Annual Gross revenue: 1,019,000. (5 days days per week) Description of Practice: This fee-for-service, small-town practice is a great opportunity and will offer the new owner many options in scheduling, procedure mix and long-term growth. Transition Plans:Seller will offer a 12 month part time associate transition. Or, if new owner wants a brief transition, will stay to introduce and then leave. Location: Small-town Erie lakeshore community is exactly 55 miles east of Cleveland downtown. I-90 is 2 minutes away. This area has only a few dental offices, higher-than-average income levels and many leisure activities. Staff: Is of long-tenure and well-trained. 2 f-t hygienists; 1 p-t hygienist. 3 f-t chairside; 3 f-t admin staff. 1 part-time associate dentist. (20 hours week). Associate has been with the practice for 13 years and has no desire for ownership. Expected to stay with new owner. Physical Facilities: Stand-alone building is located in the downtown business district on a busy commercial street. Excellent street visibility and signage. $ ops, panoramic, staff areas, etc. Practice Demographics: MANY PATIENTS! FULLY SCHEDULED! 3,813 individual patients were treated in the last 12 months. 10,000 + patients in the "active" category. Sources of Revenue: Nearly all revenue is fee-for-service. Seller does participate in Delta Premier. Very high collecitons percentage. Receviables are in very good condition. Practice Promotion: Location, word-of-mouth and lack of competition promote this practice. Seller does have small ad - listings in local phone directories. |
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