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How Much Is My Practice Worth?

January 18, 2019 Rebecca

Impeccable Dental Practice in Alexandria, LA on the Market!

It must be your lucky day, because there is a new impeccable dental practice in Alexandria, LA on the market! Practice is located within a stand-alone building in an excellent part of the city. Due to the loyal patient base, amazing staff and incredible reputation the practice has in the area, there is tremendous goodwill within the practice.

Therefore, to learn even more details about this stunning classic practice to see if it is the right fit for you, please read more below:

  • 7 Fully Equipped (and certainly expansive) dental operatories
  • Likewise, all ops are highlighted with upgraded equipment
  • The average annual collections are over $550,000
  • The net to doctor after loan payment is over $66,000
  • Therefore, the total valuation of the practice is $264,000
  • Of course, there is great growth opportunity with extended hours, offering more services in house and additional marketing efforts

Even more information about this most noteworthy practice included below:

PATIENTS

  • 1100 patients in recall with another 20 new patients a month.
  • Similarly, there are 5 hygiene days a week
  • Patient Files in Office are By: Individual
  • Source of Patient Numbers: Practice Management Software
  • Number of New Patients During Recent Twelve Months: 246
  • Last Complete Chart Audit: Daily
  • Plans Accepted: All Plans Accepted
  • 42.7% of patients pay with insurance, therefore the remaining 57.3% of patients pay with cash.

PATIENT DEMOGRAPHICS

  • 45.1% of patients are male, therefore the remaining 54.9% are female
  • Ages 0-10: 0.7%
  • 11-20: 3.9%
  • 21-30: 9.4%
  • 31-40: 14.2%
  • 41-50: 16.5%
  • 51-60: 17.8%
  • 61-70: 15.0%
  • 71+: 22.5%

PRODUCTION SUMMARY BY CATEGORY

  • Diagnostic ………………… 16.0%
  • Preventive ………………… 13.9%
  • Restorative ……………….. 39.8%
  • Endodontics ……………… 1.4%
  • Periodontics ……………… 5.4%
  • Prosthodontics ………….. 7.3%
  • Implant …………………….. 0.0%
  • Fixed Prosth ……………… 7.5%
  • Oral Surgery ……………… 7.5%
  • Orthodontics ……………… 0.0%
  • Adjunct Service……….. 1.2%

At Last! It is time to CONTACT US:

This opportunity certainly won’t be available for long. For that reason, we recommend you contact us soon!

To learn even more about this undeniably incredible practice, please contact Kaile Vierstra with Professional Transition Strategies either by phone at 719.694.8320 or by email at kaile@professionaltransition.com.

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