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General Information: Annual Gross revenue: $800,000. (4 days per week) Description of Practice: This fee-for-service, comprehensive care practice is the premier practice in town and in the top 3% of practices in North Central Ohio. Not surprisingly, the practice attracts patients from surrounding rural and suburban communities as distant as forty miles away. This practice attracts Forty NEW PATIENTS per month. Transition Plans: Partnership / Buy-In Opportunity: The well established Owner is 51 years young, is highly respected in the dental community, and is eager to locate a partner to share the rewards of continued growth. Join the practice as an associate for a brief “dating period”, assess the opportunity, participate in the development of “the partnership”, then execute a “Buy-In” and reap the rewards as this practice grows to (conservative projection) 1.8M. Although a succession plan is desired, the Owner has no immediate plans to retire. Location: North Central Ohio, Sandusky County – near beautiful Lake Erie, 39 miles Southeast of Toledo. 18 miles from Sandusky; 20 miles from Norwalk. Staff: The well-trained, motivated, cohesive staff MAKE THIS WORK and are eager to participate in and support the growth of the practice. Physical Facilities: The 4,000 ft2 showcase facility is the result of thorough planning and meticulous execution: architectural layout and design, custom cabinetry and millwork, equipment selection, implementation of technology, lighting and interior decorating. The floor plan contains two separate 4 operatory suites (w/ digital x-ray and Dentrix networked throughout), for a total of 8 operatories, business office, front office, consultation room, 2 private offices, staff locker room, and much more. The overall design assures efficient operation, ideal for a busy two-doctor practice. CALL TODAY FOR A COMPLETE PHOTO ALBUM AND TO SCHEDULE A PERSONAL VISIT. Practice Demographics: 2,350+ ACTIVE patients; 40 new patients are added every month due to referrals or the newly constructed facility! 350+ new patients were added in 2007. Visit the practice and the new stunning facility for more details! Sources of Revenue: 100% fee-for-service. 99% collection ratio. In this practice, there is no PPO revenue, no HMO revenue, no DMO revenue, no Medicaid revenue nor any plan with reduced fees. The revenue is 85% insurance (traditional indemnity ONLY), and 15% cash, check, or credit card. Practice Promotion: The practice is booked eight weeks in advance (Hygiene & Dr.) due to word of mouth referrals from existing patients. The Owner has therefore postponed external promotions until he locates a partner to join the practice to grow and prosper in this unique community |
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