Looking to sell an established dental practice in the Mount Shasta, California area; practice doesn't contract with any insurance, is cash/FFS, refers out molar endo, 3rds, ortho, and some implants. 20-25 minute drive to Mt. Shasta ski park, lots of mountain biking, lakes for boating, right on Interstate 5 and the Pacific Crest Trail. Nice, high-visibility location along main road in town, open/bright office with four ops with Ergonomic Products delivery units & electric handpieces, digital setup running OpenDental/XDR, roughly $1 million collections on 4 days/week. Practice draws 20-30 new patients/month (could do more but we have been turning away patients daily for the past several years due to no room in schedule), booked out 6-8 weeks, hygiene booked out 6-7 months. Fees have not been changed in over a decade (one of the lowest in the area), low overhead of 50%, monthly ROI of $30-35K (extra cash available each month after all bills paid) based on prior production history, EBITDA of around 25%. Walk right into a practice where you don't have to deal with re-negotiating with insurance companies to keep your production numbers up. The fee schedule has not been increased in nearly 15 years, so there is room to bump the schedule and collections up. Real estate is available and there are financial options to purchase practice and building at 0% down and 5% interest, and you'll have plenty available after office expenses/salary/practice loan is paid each month to spend or save as you wish. Building is just a few blocks away from the hospital, and there is a second, larger office space that is being rented out to a medical practice, so you could either continue to rent it out and offset the mortgage, or eventually remodel it and add another 6-7 chairs. Owning the building would provide a stable high-visibility location for dental practice without the threat of losing a lease or rent increases. The practice has been around for 15 years, is extremely busy, and has a very good reputation in the community. Excellent study club nearby with lots of good docs and specialists. The staff are aware of my decision and interested in staying on with the new doc. This is an amazing rural practice in an outdoor wonderland that gets all four seasons of weather with plenty of heat in the summer for lake activities and snow in the winter for snowmobiling and skiing. If you are looking at an amazing place to live, this is it, with a solid practice and location that will be hard to find anywhere else in the US, much less producing with cash numbers and a fee schedule that hasn't been raised in over a decade. This opportunity is not one that comes along very often, so visit www.discoversiskiyou.com to see what the area is like, and contact me if you have anymore questions. I will also pay a finder's fee for anyone who refers me a doc that successfully takes over the practice, so call your friends and tell them to take a look.
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