This single owner practice has been in existence for well over 20 years and is located in one of the most desirable locations in the State of Ohio. Practice numbers for 2020 are strong compared to prior years even with COVID. The practice has owner cash flow in the high six figures and there is plenty of room for growth given the work and vacation schedule of the owner.
The practice has over 2,400 square feet of space with two operatories and three exam rooms. The practice’s equipment is in excellent shape, including the cone beam. A purchaser will not need to spend much on new equipment or leasehold improvements for years. This practice has a blend of implants, extractions and trauma call. The owner is paid $1,500 for trauma call and has a limited trauma schedule. The patient base in 2019 was over 2,000 patients. The practice has no Medicaid patients and a nice blend of insurance based and fee for service patients.
The staff is experienced and will be a great asset to the purchaser. The referral base is diverse and deep. The area of the practice is upper middle class and the patients expect a high level of service. The owner is known by his referrals and the community of providing exceptional patient care. His staff shares his goal of professional excellence.
The practice is located in a family oriented area that is highly desirable. There are lots of cultural, entertainment and team sports events in the immediate area. The schools are first rate, there are excellent universities nearby and the community is known for welcoming newcomers. There are few areas around the country that are as warm and accepting as this practice area.
The owner is highly motivated to sell and is willing to do whatever it takes to facilitate a smooth transition to the right buyer. This practice is ideal for a purchaser who wants to acquire an already first class and nicely profitable practice that has room to grow further.
Dr. Larry Jacobson
OMS Exclusively, Inc.