Hamilton County General Dentistry Practice for Sale
Business Description
This Hamilton County general dentistry practice is long established. It operates on an appointment-based service model with recurring patient visits. The practice offers nitrous oxide or oral sedation to patients who are undergoing surgery or have dental anxiety. This enhances the overall patient experience leading to strong retention rates. They provide a broad range of services including:
• Same Day Emergency Visits
• Routine & Preventative Care
• Children’s Dentistry
• Extractions & Implants
Facility & Visibility
The practice has four operatories, an administrative/reception area, two restrooms, and a breakroom. The operatories are all-purpose. They are set up for any type of dental procedure including oral surgery. Additionally, they have an in-house lab. It is ideal for implants, crowns, dentures, bridges, etc. This provides quick turnaround times and customized patient solutions. An added bonus is that it also lowers margins.
Located on a main road, the practice has excellent visibility. In fact, around 7,233 vehicles pass by daily on their way to work, school, or home. The area has many single and multi-family residences. A lot of schools and businesses are nearby, too. The practice is staffed with full-time dentist, dental assistant, and hygienist. A part-time bookkeeper helps with administrative tasks.
Patients
The practice serves around 20 patients a day, depending on procedure. Patients come from the area and within Hamilton County. Most new patients are referred to the practice by an existing patient or their insurance provider. In fact, they see about 30 to 40 new patients a month.
Insurance Work
The practice is a PPO with many well-known carriers. In fact, 85% of work done is paid through insurance. The other 15% is paid directly by the patient. The practice has a high rate of collection on payments due.
This is an excellent opportunity for a new dentist starting out. It’s also a good acquisition opportunity for an established dental practice looking to expand. Contact us today to learn more about this general dentistry practice for sale.
Investment Considerations:
• Long Established Practice
• Excellent Reputation
• Four Operatories
• In-House Lab
• Established Patient Base
• Strong Patient Retention
• Treats 30-40 New Patients a Month
• Preferred Provider For Multiple Insurance Networks
• High Payment Collection Rate
• Turnkey Opportunity
• Same Day Emergency Visits
• Routine & Preventative Care
• Children’s Dentistry
• Extractions & Implants
Facility & Visibility
The practice has four operatories, an administrative/reception area, two restrooms, and a breakroom. The operatories are all-purpose. They are set up for any type of dental procedure including oral surgery. Additionally, they have an in-house lab. It is ideal for implants, crowns, dentures, bridges, etc. This provides quick turnaround times and customized patient solutions. An added bonus is that it also lowers margins.
Located on a main road, the practice has excellent visibility. In fact, around 7,233 vehicles pass by daily on their way to work, school, or home. The area has many single and multi-family residences. A lot of schools and businesses are nearby, too. The practice is staffed with full-time dentist, dental assistant, and hygienist. A part-time bookkeeper helps with administrative tasks.
Patients
The practice serves around 20 patients a day, depending on procedure. Patients come from the area and within Hamilton County. Most new patients are referred to the practice by an existing patient or their insurance provider. In fact, they see about 30 to 40 new patients a month.
Insurance Work
The practice is a PPO with many well-known carriers. In fact, 85% of work done is paid through insurance. The other 15% is paid directly by the patient. The practice has a high rate of collection on payments due.
This is an excellent opportunity for a new dentist starting out. It’s also a good acquisition opportunity for an established dental practice looking to expand. Contact us today to learn more about this general dentistry practice for sale.
Investment Considerations:
• Long Established Practice
• Excellent Reputation
• Four Operatories
• In-House Lab
• Established Patient Base
• Strong Patient Retention
• Treats 30-40 New Patients a Month
• Preferred Provider For Multiple Insurance Networks
• High Payment Collection Rate
• Turnkey Opportunity
About the Business
- Years in Operation
- 32
- Employees
- 4 (3 Full-time, 1 Part-time)
- Facilities & Assets
- The facility is approximately 3,600 SF on 1.2 AC. The practice operates on 1,800 SF main floor. There is an 1,800 SF basement that is currently not in use. The equipment is in good working condition.
- Market Outlook / Competition
- The market for dental services is steady and stable. Demand for emergency and preventative care services is consistent no matter the economic outlook. Even though there are multiple competitors in the immediate area, there are ample patients. This is due to continued growth in the area.
- Opportunities for Growth
- There are ample opportunities for a new owner to grow the business. These include:
• Add Additional Dentists
• Extend Operating Hours
• Work with Other Insurance Providers
• Create & Implement a Marketing Plan
• Update Current Website
• Hire an Insurance Billing Specialist
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,600
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The Seller is willing to train and transition the new owner for a mutually agreed upon time immediately following closing.
Listing Info
- ID
- 2518830
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2518830 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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