Located near the educational and innovative hub of Greater Binghamton, New York, this established general dental practice offers a unique investment opportunity. Having served the surrounding community for 35 years, it is now inviting all offers with flexible transition options, including the current doctor’s willingness to ensure a smooth handover.
The practice features six operational operatories, plus one additional plumbed but unequipped, indicating potential for expansion. Recently renovated, the real estate is also available for purchase. Operating on a fee-for-service model without insurance network ties, it supports 3,350 active patients and attracts 25-30 new patients monthly, despite only being open four days a week. This setup not only showcases the practice’s efficiency but also its growth potential by possibly extending operating hours.
With an EBITDA of over $205,000 and a consistently growing performance, this practice represents a remarkable opportunity for dentists or dental groups looking to invest in the Greater Binghamton area.
For an overview of this New York State practice, read below:Â
- 7 total operatories
- Collections of $1.931 million
- EBITDA over $205,000
- Real estate available
- FFS practice
The Binghamton Metro Area offers an affordable lifestyle with a rich blend of arts, culture, and outdoor recreation. Known for its dynamic art scene, Binghamton hosts regular performances, gallery events, and the annual LUMA Projection Arts Festival. Outdoor enthusiasts enjoy easy access to hiking, biking, and the scenic Finger Lakes. With family-friendly neighborhoods, strong public and private school options, and a low cost of living, Binghamton is an attractive choice for professionals. The business environment here is supportive, with the area recently ranked highly for affordability and work-life balance, making it ideal for dental professionals seeking growth and quality of life.
Ready to learn more and review the prospectus in New York State? Contact Professional Transition Strategies by emailing Bailey Jones: bailey@professionaltransition.com or call: 719.694.8320. Reference #NY21424. We look forward to speaking with you!
