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How Much Is My Practice Worth?

December 19, 2018 Rebecca

Sun-Filled and Breathtaking Dental Practice for Sale in Hawaii

If you are like most and want to live in a gorgeous area and own an incredibly successful business that already has everything you need, you hit the jackpot! This Sun-Filled and Breathtaking Dental Practice for Sale in Hawaii is any dentist’s dream. Not only is this sophisticated office perfectly laid out and has an inviting feel, but it is also located in a popular area of the island that makes visits easy for all your patients.

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:

  • 9 Fully Equipped (and certainly expansive) dental operatories
  • Likewise, all ops are highlighted with upgraded equipment
  • The average annual collections are over $1,850,000
  • The net to doctor after loan payment is over $500,000
  • Therefore, the total valuation of the practice is $1,349.668
  • 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

  • 2,438 Active Patients on File with another 9 New Patients a Month
  • Number of Hygiene Days/Week: 11-12
  • Patient Files in Office are By: Individual
  • Source of Patient Numbers: Practice Management Software
  • Number of New Patients During Last 12 Months: 113
  • Last Complete Chart Audit: Daily Plans Accepted: PPO plans
  • 85.7% of Patients Pay with Insurance, therefore the remaining 14.3% of Patients Pay with Cash

PATIENT DEMOGRAPHICS

  • Ages 0-10: 0.4%
  • 11-20: 6.9%
  • 21-30: 9.9%
  • 31-40: 13.2%
  • 41-50: 17.7%
  • 51-60: 21.7%
  • 61-70: 19.8%
  • 71+: 10.8%

PRODUCTION SUMMARY BY CATEGORY

  • Diagnostic ………………… 13.2%
  • Preventive ………………… 14.0%
  • Restorative ……………….. 42.4%
  • Endodontics ……………… 0.0%
  • Periodontics ……………… 11.1%
  • Prosthodontics ………….. 1.8%
  • Implant …………………….. 2.9%
  • Fixed Prosth ……………… 4.0%
  • Oral Surgery ……………… 0.0%
  • Orthodontics ……………… 5.0%
  • Adjunct Service……….. 4.7%
  • Other ……………………….. 0.9%

FINALLY! 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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