FL217233

 Southern, Florida

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General Practitioner

Date Listed: Jan 24th, 24

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3000

SQ.FT

12

OPERATORIES

people

-

ACTIVE PATIENTS

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5.5

DAYS OPEN PER WEEK

Description

$550,000 EBITDA Single-Location, Multi-Provider Dental Group Practice in South Florida

PRIME exits & American HealthCare Capital is pleased to introduce a dental group practice for sale in South Florida. This is an opportunity to invest in a premier, single-location, multi-provider, Fee For Service group dental practice in South Florida. The practice has 12 dental operatories and is situated in an approximately 3,000 sq ft, single-level, multi-tenant retail property with abundant parking. The practice offers a full range of general and specialty dental services, including orthodontics and dental implants. They are open five days a week from 9 am – 5 pm and a half day on Saturday.

The range of dental services includes:

  • Preventative Care
  • General Dentistry
  • Periodontal Services
  • Orthodontics, including Invisalign
  • Oral Surgery
  • Conscious Sedation
  • Root Canals
  • Cosmetic Dentistry, including Smile Design, Veneers, Bonding, Teeth Whitening
  • Crown and Bridge
  • Periodontal Services

The dental group practice in Florida averages approximately 75 new patients per month. New patients are generated from various sources, including Facebook, Instagram, their website, google ads, walk-ins, and word of mouth. The patient demographics are 55% PPO insurance and 45% Fee-For-Service. The practice does not participate in HMO or Medicaid. In 2022, the practice collected nearly $2.35 million with an Adjusted EBITDA of approximately $500,000. The group expects to reach revenues of $2.7 million in 2023 with an Adjusted EBITDA of $550,000.

The asking price for this turn-key dental group practice in Florida is $4 million, excluding any cash and accounts receivable. The current owners will consider a reasonable offer and deal structure from a strategic or a private equity buyer with an existing platform and are willing to work back for the new owner in the current role for a mutually agreed period.