Pediatric Dental Practice in Pinellas County, FL - MS237012

Longstanding pediatric practice located in a fast-growing part of Pinellas County. This part of the Tampa Bay area and is known for its beautiful beaches, cultural attractions, and lively downtown scene. There is a child-to-pediatric dentist ratio of 6,000 to 1 as there is only one competitor within a 3-mile radius. The average household income for the area is above the norm at $80,000.00. The practice is located in a small, single-story multi-tenant building that has plenty of parking, exposure to the main road, and signage. The office itself is 1,200 SF with three chairs in an open bay set up along with one quiet room.
As for the practice, it is only in-network with PPO plans and does not participate with any Medicaid plans. They average over 30 new patients per month and have ~2,300 active patients (24 months). All sedation cases are referred out and there is a portable high-end nitrous system. The office operates at only 48% overhead (52% profit) and nets out $306k after debt service. Excellent, long-standing staff that is a joy to be around every day. The practice is currently open four days per week.
The seller is retiring after practicing dentistry for over 33 years!
Revenues:
2023 Annualized Through March: $845,150
2022: $786,786
2021: $696,746
Contact Morcie Smith for photos and additional information
Practice: Pedo
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