Northwest Austin, TX - General Practice

$2,000,000

Unlisted

Austin, TX

General practice

5 operatories

2166 sq. ft.

$2,200,000 in annual collections

Listed by Xite Real Estate and Practice Sales

UNDER CONTRACT

This is a great opportunity to purchase an established family practice in the heart of an affluent community in Northwest Austin. The office is in an attractive retail center and features high end finishes/decor and equipment. The practice is immersed in communities that revolve with families moving in and out which is a constant new patient base for the practice. The practice has grown tremendously, and the business is in prime and affluent neighborhoods that cater to the tech industry that have work from home positions and dental benefits.

The patients are flexible with their schedules for appointments, and they pay cash for their visits. The year of the pandemic pushed the practice to introduce digital impressions with the iTero scanner. With the iTero scanner, the Invisalign treatment opportunities have grown tremendously allowing for more proactive and elective treatment like Invisalign and preventive occlusal guards.

The owner has grown the practice 150% in revenue in less than 5 years with an emphasis on patient experience, patient care and online presence with review requests from patients about their experience.

The practice has a Google presence of over two hundred 5-star Google reviews expressing their gratitude for quality care, consistent customer service and a friendly culture. To learn more about this practice, please fill out the form.

Practice Highlights

Rolling Twelve Month (July20-June21) Collection $1,980,000.00
On pace to Collect $2,200,000.00 and only utilizing the facility 4 days a week
Large FFS and PPO mix of patients
Healthy hygiene program with 98% of patients in the re-care program producing an average of 12K in fluoride applications alone
2166 sq. ft. lease space occupying 5 fully equipped treatment rooms that are all plumbed for nitrous, computers throughout, digital radiography and digital impressions.
Cloud based software is utilized to allow for contactless Dentistry and the practice is 100% paperless.
2 full time hygienist and 1 full time associate
50+ New patients/month
Bread and Butter practice with most of the Specialty referred out
Very High EBITDA

See yourself owning this practice?

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