After 15+ years of serving the Providence community, this well-established general practice is available for immediate acquisition at a newly reduced asking price of $495,000 with flexible financing and work-to-own arrangements available for the right buyer.
Practice Highlights
* $1M+ in annual collections from a loyal, long-tenured patient base
* 5 operatories in a professional medical office building
* Panoramic X-ray and full digital radiography
* Long-term lease in place stable, established location
* Revenue mix: private insurance, fee for service, and approximately 34% Medicaid
*Practice has operated continuously for 15+ years deep community roots
A Unique Opportunity for the Right Buyer
The majority of the patient base is Spanish-speaking. A bilingual doctor will inherit extra patient loyalty from the long-term patient base. For most of its existence, the practice has operated without a hygienist. Hiring one could be a significant growth opportunity.
Pricing
The seller is motivated and has recently reduced the asking price to below 50% of collections. Instead of wasting time on negotiations, he wants to jump right into helping the buyer with a smooth transition. Flexible deal structures are on the table, including: Bank Financing, Seller Financing and/or Associate-to-Owner options.
Contact
To learn more contact [email protected]
You must be signed in to contact the agent for this listing.
