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Mercury free practice for associateship leading to sale

Public Overview
Public Overview
Status Type Available
Practice Type General
Opportunity Type Associateship
Transition Type Sell Practice and Associate
State New Mexico
Region Albuquerque Area
City or Advertised Area Albuquerque

Mercury free general practice available in Albuquerque.  Seller would like to either sell practice outright or bring in associate to purchase practice after 6-12 months.  Seller would like to continue working 1-2 days per week as associate after sale if agreeable to purchaser.  2016 gross collections of $1,060,000 on 3.5 days/week.  Excellent 2000 sq. ft. office with 5 ops, digital including pano, intra-oral camera.  No HMO, PPO, no medicaid or managed care affiliation.  Equipment in excellent condition, new operatory equipment.  Located in professional building in desirable far northeast heights area of Albuquerque. Asking price of $650,000.      

Equipment Description Equipment in excellent condition. Digital.
Staff Overview Very experienced staff that has been in the practice for many years
Reason for Selling Retire

Public Financial Info

Annual Collections $1,060,000
Asking Price $650,000
Buyer Net After Debt $230,000
Overhead Percentage 65%

Public Facility & Practice

Office Space (square feet) 2014
Equipped Operatories (#) 5
Active Patients (#) 2100

Public Insurance Breakdown (By %)

Cash 100%
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Broker Contact Info

Bill Avery, a dental practice broker for Professional Practice Sales & Appraisals

Bill Avery