We are looking to sell a general dentist practice in the Denver, Colorado Lakewood area. This practice was originally started as a satellite office managed from another state. The overview of the practice is below:
The practice was started in September of 2021. This is a one doctor practice. We currently do not have any hygenist as the doctor does all the hygeine. The practice averages about 56 NP per month. The practice is roughly 85-90% medicaid. About 2/3 of the medicaid pateints are adult medicaid.
Our marketing plan consists of google ads, SEO and zocdoc. The office is open 5 days a week Monday through Friday.
2023 collections $1,346,000 (we had some community marketing efforts that were successful that are no longer in place)
2024 collections $1,037,000
2025 is tracking about $900,000 in collections
The office is about 3,000 square feet. It has 7 ops. All ops are fully equipped and plumbed. Pan/ceph. Digital x-rays. Rent is about $6,700 a month. There is about 6 years left on the lease with 2 5 year options to renew.
To build out and equip this office would cost over $800-900k and take 1-2 years. This is a beautiful turn key and profitable office for an owner operator. Even at $900k, the seller's discretionary earnings is north of $400k.
Asking price is $750,000. Please contact Zachary Kingsberg at [email protected] for any interest or further questions!
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