Wilmington, Delaware, renowned for its rich history, vibrant arts scene, and strategic location within the bustling Delaware Valley metro area, provides a perfect backdrop for a premier dental practice that is now on the market. This well-established practice, in the Wilmington Metro Area, boasts six state-of-the-art operatories within a recently remodeled facility, highlighting not only its modern amenities but also the substantial room for physical expansion on the existing property. Catering to over 610 active patients, the practice operates on a 100% Fee-For-Service (FFS) model, a testament to its high-quality patient care and strong community reputation.
Despite minimal advertising efforts and operating only four days a week, this practice demonstrates significant growth potential, offering an ideal opportunity for a forward-thinking dental professional. The current owner, a seasoned dentist with nearly three decades of experience, is exploring all transition options. This includes affiliating with a dental group while continuing to practice for an additional 3-5 years, or welcoming another dentist through a buy-out or partnership arrangement. With a Seller’s Discretionary Earnings of $385,000, the practice is not just a testament to the current owner’s dedication and hard work but also a beacon of opportunity for growth and expansion in the thriving Wilmington dental market. This dental practice represents a unique investment for those looking to establish or expand their presence in a supportive and prosperous community.
For an overview of the highlights of this Delaware practice, read below:
- 6 operatories
- Room for physical expansion
- Collections of $960,000
- SDE of $385,000
- FFS practice
Wilmington, DE, offers a unique blend of urban sophistication and small-town charm, making it an attractive place to live for diverse populations. The city boasts a vibrant arts and culture scene, with numerous galleries, theaters, and museums, including the Delaware Art Museum, enriching residents’ lives with cultural experiences and community events. Outdoor enthusiasts enjoy the city’s easy access to picturesque parks and the scenic Riverfront, a hub for recreational activities like walking, biking, and rowing. Wilmington also caters to sports fans, hosting minor league games and sporting events that foster community spirit.
The cost of living in Wilmington is generally favorable compared to other East Coast cities, offering a more affordable lifestyle without sacrificing amenities or quality of life. Furthermore, Wilmington has received positive ratings for its livability, including its business-friendly environment and efforts in urban renewal, which have enhanced its attractiveness as a residential area. These features, combined with its strategic location near major cities like Philadelphia and Washington, D.C., make Wilmington a compelling choice for those seeking a balanced, fulfilling lifestyle.
Interested in learning more and reviewing the prospectus? Contact Professional Transition Strategies by emailing Bailey Jones: email@example.com or call: 719.694.8320. Reference #DE20724. We look forward to speaking with you!
- Type of Practice: General Practice, Dental Practice
- Location: Delaware
- # of Operatories: 6
- Collections: $960,000
- Seller’s Discretionary Earnings: $385,000
- Adj. EBITDA: 140000
- Active Patients: 610
- new patients per month: 4