Overview:
An exceptional opportunity to acquire a flourishing dental practice situated in the heart of a revitalized downtown area of Albany County. This turnkey operation is ideally positioned with a private parking lot, ensuring easy access for patients and staff.
Facility:
The practice features a modern setup with six fully-equipped dental chairs, presenting a ready pathway for expansion without the need for construction. The office is fully networked with computers, digital X-rays and TVs with cable and internet apps for patients in all operatories.
Growth and Operations:
Currently experiencing an impressive 25% growth trajectory, the practice has significant untapped potential, particularly in specialty procedures which are presently referred out. This presents a lucrative opportunity for incoming practitioners to further increase revenue streams by retaining these services in-house. The practice currently averages over 20 new patients per month.
Transition and Support:
The current owner is committed to a seamless transition and is willing to stay on post-sale to provide guidance and support, ensuring continuity of care for existing patients and retention of staff.
Real Estate:
The seller owns the property and is open to leasing it to the buyer, including an offer of the first right of refusal for future purchase of the real estate, making this an excellent long-term investment opportunity.
Financials:
Asking price: $505,000. This investment is structured to offer both immediate operational stability and substantial growth potential in a thriving community. The practice is on pace for $760,000+ in collections.
Seize the opportunity to own and grow a well-established dental practice in a prime location. Ideal for dentists looking to expand their footprint or for a new entrant into the dental practice landscape. Dont miss out on this perfectly positioned practice ready for its next phase of growth.
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