SOLO PRACTICE IN MARYLAND WITH OVER $3,000,000 IN 2021 COLLECTIONS

Published
April 8, 2022
Location
Confidential, Maryland
Category
Job Type

Description

This single owner practice has been existence for over 35 years. The practice is in a suburb of a major metropolitan area. In 2021, collections were over $3,000,000 and owner cash flow over $1,700,000. The practice was highly profitable in 2020 even in a COVID environment.

Everything is state of the art. Newer cone beam, newer Panorex, which can also be upgraded, newer everything. The practice also has an      X-Nav and many other upgrades. The space is over 5,000 square feet with six rooms that serve as both operating and examination rooms. In addition, there is a nice sized recovery area. The ancillary spaces for office staff, sterilization, storage, and meeting areas are quite excellent. The practice can easily accommodate two oral surgeons on a full-time basis.

This is a typical office practice with a heavy emphasis on extractions and implants. But the owner is also proficient in all facial cosmetic procedures and soft tissue augmentation with capability of full OR suite within the practice. The owner is highly regarded in the community as an outstanding oral surgeon. The patient base in 2021 was over 2,500 patients and was around 2,100 patients during the COVID year of 2020! The practice has a high fee for service component and Medicaid patients make a tiny percentage of the patient base.

The owner developed a large and dedicated referral base built over a period of decades. The owner has an outstanding reputation in the dental community and has engaged in many local community activities to raise his profile. The consistent high level of production and collections is a testament to the quality of care the owner gives his patients.

The owner is committed to a successful transition and will stay on for as long as needed to ensure a successful transition if the purchaser desires additional staffing.

The practice is in a very nice part of suburban Maryland. Recreational and cultural opportunities associated with a big metropolitan area are nearby and the Eastern Shore of Maryland is an easy drive away. The community is very family oriented and there are several outstanding schools available in the area.

This is one of the outstanding practices located in the Mid-Atlantic region. Practices of this quality and profitability are hard to find in this area. The purchaser will be the direct beneficiary of the owner’s incredible entrepreneurial efforts and reputation.

Call today if you would like more information about the practice.  I look forward to speaking with you.  Due to the nature of our business, I am on the phone a lot with candidates and clients.  If you call and reach my voicemail, please leave a message.  Evening and weekend call times can be arranged with advance notice.

Dr. Larry Jacobson

President

OMS Exclusively, Inc.

Mobile:  312-446-9314

Fax:  888-523-9006

larryjacobson@oms-exclusively.com

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