Status: ACTIVE
ID: 16221

Practice For Sale in Huntsville, Alabama

Huntsville, AL 35801

Posted Nov 15, 2024

Contact info

Dental Strategic

6157882905
info@dentalstrategic.com
classified listing
Description

GP Practice for Sale: Huntsville, Alabama Practice Size: 2,000 sq. ft. with 4 Operatories plumbed for 5 Overview: Are you a motivated dentist looking for a practice with great growth potential in a thriving market? This general dental practice in Huntsville, Alabama presents an excellent deal that you won’t want to miss. The overhead expense was at a healthy 56% in 2023, which means 44% is going into the owner’s pocket! Great location with tons of traffic for visibility and the option to own the real estate. Practice Highlights: Location: Huntsville, Alabama Total Equipped Operatories: 2,000 sq ft. 4 equipped ops (with a 5th plumbed op) Financial Performance: Well-run office with an impressive track record, achieving 44% Net Cashflow to Owner in 2023. Collections of $440,000 in each of the last 2 years (on 3 days per week). Growth Potential: The latest US News and World Report lists Huntsville as one of the fastest-growing cities in the US, providing ample opportunities to continue to grow the practice. This can be achieved by adjusting the procedure mix (adding Implants, Molar Endo, Perio Surgery), leveraging marketing and a website (the practice has done no marketing over the years), and opening the practice 1-2 more days per week (currently they are open 3 days per week). Current Procedure Mix: - 30% Diagnostic - 28% Preventative - 31% Restorative - 4% Implants - 3% Fixed Prosth - 1% Removable Prosth - 1% Adjunct Procedures Active Patient Base: With over 2,300 active patients in the last 24 months, this practice offers a unique opportunity for continued growth with minimal investment. The practice has been at the present location for 22 years and has continued to see new patients even without leveraging a website or marketing. This practice could be an ideal fit for: A recent graduate or associate looking to get into private practice with the potential for positive cash flow right away. An experienced dentist looking to expand with 2nd or 3rd practice locations. Interested in drilling deeper into this practice? Connect with us today for a full practice prospectus and info on next steps!

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