Now available for purchase: a well-established multi-location orthodontic practice with a fantastic reputation in the northern region of Atlanta metro. The beautiful 3,900 square foot office at the primary location is in a multi-tenant building located at a predominantly high-income neighborhood. It has 6 operatory chairs and 2 record chairs. The current lease is renewable. Notable technology in the practice includes 2 iTeros, dual monitors at all chairs, 30 computers, and a digital Pan-Ceph. The condition of the office as well as the equipment, is excellent.
To manage the scheduling, treatment, and billing associated with the ~620 new patient exams per year (on average), the practice utilizes Cloud 9 management software. The owner participates in-network with several insurances and as a service to patients, claims are filed to insurances for which the practice is out-of-network, such as Delta Dental Premier. Approximately 18% - 20% of payments received are insurance payments, and the remaining are payments made by patients. 70% of the practice's new patients come from referring doctors, 26% from patient referrals, and 14% from external referrals such as the well-designed and maintained website as well as social media efforts.
Over the last 3 years the owner workdays have averaged 3.5 days/week, the practice has collected a weighted average of ~$1.75M, with an overhead average of ~58%. The owner is preparing for retirement but is open to a limited transition in-office. With decades of consistent momentum, this is the opportunity many orthodontic providers have been waiting for. Contact NDP today for additional information.
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