General Dental Practice in Pensacola, FL - KP23298

$693,200
For sale

General practice

5 operatories
2400 sq. ft.
$900,000 in annual collections

Thriving general practice for sale located right in the heart of the medical triangle in Pensacola with annual collections consistently around $900k per year. The current owner/prospective seller is looking to pass on his legacy after servicing the local community for over 20 years. The practice averages 35+ new patients per month while only in network with PPO insurance plans. The practice has 2,272 active patients that were seen in the last 24 months along with a robust hygiene program. The practice comes with established team members that have been with the practice for many years and in turn, excellent goodwill with the patients to make a transition seamless for a new prospective buyer. The seller has a focus on restorative dentistry but does do case-by-case Invisalign, endo, extractions, and some implant placement.
The office itself is located in a single-story multi-unit professional plaza that has phenomenal signage facing the main road along with plenty of parking. This condo unit is 2,400 sq ft and has 5 chairs with an additional room downstairs that is plumbed but not equipped that could be a sixth OP. Upstairs are two additional rooms and a loft that could offer even more expansion or continue to be used as an admin/business area. The condo is owned by the practice owner and the first right of refusal will be granted to the buyer of the practice/business however he does not wish to sell the condo at this time.
Net earnings before debt service is $263,189.00
Asking Price: $693,200
Practice: General
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