March 19, 2020
Multi-location Chicago, IL Area Practice (Off Market)
New to the market is a thriving general practice in the Greater Chicago, IL area. The practice is located within 30 miles south of downtown, in a desirable neighborhood suburb. The two practices are under 15 miles apart. Both are in great areas; with one practice in a free-standing building, the other in a retail center. Additionally, the real estate with the free-standing building practice is for sale. On the other hand, the lease expires October, 2022 for the second location. The current doctor is open to long-term affiliation with the right group or open to staying on to ensure a smooth transition.
For an overview of this practice south of the Windy City, see below:
- 6 operatories per location; 12 total combined
- Combined collections of $2.04 million
- Adjusted EBITDA $435,000
- Between 45-55 new patients per month
- Real estate opportunity for free-standing building
Chicago, IL has been rated as one of the best places to live (104th) and retire (65th). Truly a unique city made up of architecture, world class museums, dynamic entertainment and an award winning dining scene. It’s more than the standard big city, however with it’s diverse and welcoming neighborhoods. The south-side of the Windy City offers an array of cultural and social offerings. Enjoy a safer, lower cost of living and less traffic right outside of Chicago! Additionally, the neighborhoods of this dental practice have been rated as one of the best for young professionals.
Ready to review the prospectus and learn more? Contact Kaile Vierstra with Professional Transition Strategies via email: email@example.com or give us a call: 719.694.83820. We look forward to hearing from you!