3000
SQ.FT
12
OPERATORIES
-
ACTIVE PATIENTS
5.5
DAYS OPEN PER WEEK
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:
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.