PRACTICE DESCRIPTION

Employees: 1 Assistant (FT) 1 Hygienist (FT) 2 Front Desks (FT) This extremely well-established Garden District area practice collecting over $770K is now available for purchase. The practice was started fifty-four years ago and is in its second generation of ownership. It is an efficient six operatory practice with low overhead. There is Practice Works management software, digital x-rays, cone beam, CAD/CAM, and other modern technology. The strengths of the practice include a seller who is willing to help mentor a new buyer in the high end treatment that has been provided. The practice is totally fee for service and accounts receivable are negligible. The practice is expected to net over $280K after all overhead and debt payments. Uncle Sam will also lower your income taxes by ~$175K to put toward the price if you buy it. (If you don’t buy it, you’ll still pay $175K in taxes). This can also work perfectly well as a merger, moving the buyer’s practice into the seller’s office. This approach will net a buyer over $350K. Click on the Merger Buyer button for details. Or if you don’t want to take on the extra production, perform a Merger Purchase and have an associate perform all of the extra production for you and still net you can net $167K just for being the owner.