ALLECHGA Dothan, Southeast AL General Practice
High-end general practice opportunity in Southeast Alabama (Dothan Area) which boasts most recent annual collections in excess of $1.04M on a 4 day work week. This exquisite operation is situated in a bustling community less than a two hour drive from the majestic Emerald Coast of Northwest Florida. The 4000 square foot practice facility has 6 equipped operatories, 3 doctor treatment rooms and 2 dedicated to hygiene, with the sixth use for overflow for both hygiene & doctor emergencies. This practice presents a unique opportunity for immediate success due to its long-standing reputation and loyal active patient list of 2800, which draws from the local community as well as neighboring counties and beyond. This is an excellent practice ownership opportunity for a spirited young practitioner seeking to benefit from the experience and mentorship that the Host doc can and will certainly provide -- not to mention that this rare find presents the ideal opportunity for practice ownership in a highly desirable and perfectly situated locale. Seller's ultimate desire is to transition toward retirement. but wants to remain on board in a more limited capacity of as many as 3 days per week for the foreseeable future as the new doc spreads his/her wings. Even with Seller staying, Purchaser's initial year net cash flow after all production & fixed overhead expenses including debt service conservatively hovers slightly above the $250K mark -- and that is assuming the new doc picks up only one-half of the current $679K+ in doctor collections and the practice experiences zero growth! However, it stands to reason that an extra set of doctor hands will quickly catapult this practice to the next level and beyond. Purchaser will also prosper from the 75+% effective earnings rate that this opportunity boasts, which is a direct result of the practice's hygiene catalyst of nearly 31% of total practice production. This one won't be on the market long, so don't miss your chance to learn more about this tremendous practice opportunity!