Specializing in Dental Practice Sales, Transitions, and Appraisals

George D. Stollings and Associates, Inc.

Practice Opportunities

Clients of our Company are currently seeking buyers for, or associates for, the practices listed below.  For additional information on any sale or associate position — click: Contact Our Company.

Revisit this page periodically to check for new sale listings, and new associateship opportunities.

Opportunities Are Listed By State In Alphabetical Order For Kentucky, North Carolina, Ohio, Pennsylvania, and West Virginia.

Kentucky

1. Eastern, KY – Along I-64 Corridor – Practice For Sale: Modern, attractive office.  Computerized charting.  Digital panoramic.  Annual collections in the $590,000 per year range for Year 2007.  Strong recent growth.  Year 2007 collections up ~69% versus Year 2005 collections.  Averaged over 38 new patients per month in Year 2007.  As of March 2008, collections per month were on a pace equivalent to $784,000+ annualized collections.  Benefits of small town life, yet readily accessible to activities in Huntington, WV and Lexington, KY.

2. South-Central, Kentucky — Off I-65 Corridor — Practice For Sale:  New Listing.  Annual collections approximately $335,000 in Year 2007.  Practice owner also owns the office building, and will sell it with the practice.  Averaging over 22 new patients per month in first half of 2008.  No Medicaid included in practice.

3. Lexington, Kentucky — Associate Position Available:  Large, successful practice, seeks associate.  Excellent income potential, $200,000+ per year for productive associate.  Candidate should be comfortable with cosmetic dentistry and molar endo.  Benefits, such as health insurance or 401k plan, are negotiable.  Possible buy-in option in the future.  (POSITION FILLED)

4. Lexington, Kentucky — Practice For Sale:  Modern / Attractive Office.  Efficient Operatory Design — Dual rear-entry.  Late Model Equipment—In Excellent Condition.  Great Location.  Established Recall Base—accounted for over $200,000 of the ~$790,000 production in Year 2007.  Office building may be purchased or leased.  Features include: Operatory computers, air abrasion, nitrous oxide, Zoom, TV monitors; Dentrix software.  (SOLD)

 

5. Owenbsboro, KY — Associate Position Available:  Large practice seeks associate.  Right associate will have opportunity to move into a co-ownership role in the future.  Base salary plus commission.  Owner estimates associate’s income potential at +/- $150,000 during associateship period.  Candidate should have at least 6 months clinical experience, or general practice residency.

6. London—Corbin Area, Kentucky — Practice For Sale:  Well established practice, nice office, excellent location.  Annual collections ~$530,000.  Good recall base.  Facility allows potential for growth. (SOLD)

7.  Maysville, Kentucky – Associate Position Available – Leading To Practice Ownership & Transition.  Ideal for a dentist wishing to gain a year’s experience in a practice to facilitate transition, and to prepare for ownership, but one who wants to soon own and operate his/her own practice.  Modern, attractive facility in very nice town.  Full office computerization, digital x-ray, rotary endodontics, and air abrasion.  Quality small town lifestyle, but easily accessible to Lexington and Cincinnati for a full range of activities.  Practice has annual collections in $385,000 range, but owner limits the work load and schedule, and indicates significant more potential.  Established recall base.  Under our Company’s guidance, a full ownership transition plan will be developed before associate begins work.  Future ownership, purchase price, and date of ownership will not be left undetermined.  Associate will know exactly when and how he/she will progress to the role of owner.  Owner is flexible on the time-frame of ownership transition, with ideal range being 1 year, but up to 2 years is acceptable for an associate needing more time to prepare clinically or managerially for ownership.  Candidate may me experienced, or may be recent graduate. (Position Committed—No Longer Available)

8. Northeastern Kentucky -- Ashland Region -- Practice For Sale:  Annual collections in the $200,000 range.  Good location provides significant growth potential.  Owner wishes to retire.  Opportunity for a buyer to move into ownership with a moderate investment, planning then to grow and develop the practice further.

North Carolina

1. Ashville NC Region – Practice For Sale:  Annual collections +/-$600,000 per year on 4 day / week schedule.  4 operatories, 2,000+ active patients in past 24 months, ~30 new patients per month.  Attractive facility.  (SOLD)

2. Additional Opportunities Expected Near Term In Asheville Area.  Check back periodically for additional listings and associate positions.

Ohio

1. Columbus, Ohio Suburb — Practice For Sale:  (Advance Notification — Available In 2009)  Annual collections approx. $560,000.  Attractive office in very nice location.  Owner wishes to retire in summer or fall of 2009.  Interested parties should inquire in the January to February time-frame of 2009.

2. Additional Opportunity Expected Near Term In Cincinnati Area.  Check back periodically for additional listings and associate positions.

Pennsylvannia

1. South-western PA – Practice For Sale: Ideal for those who want to be close to Morgantown, WV, as well as for those wanting to be close to Pittsburgh, yet the advantages of small town life.  4-operatory practice in good location.  Annual collections in the $500,000 per year range, with taxable profit in the $210,000 per year range.

West Virginia

1. Huntington , West Virginia Area — Practice For Sale: Located in free-standing office building in nice suburb.  Annual collections in the $550,000 per year range.  New listing.  More detailed information is in the process of being collected. 

2. Eastern Panhandle, West Virginia – Practice For Sale: Attractive office building in nice setting.  Annual collections in the $560,000 per year range, with current owner’s income in the $280,000 range in recent years.  No capitation, PPO’s or Medicaid.  4 operatories.  Digital x-rays, intra-oral camera, and Diagnodent technology.  In area of State with recent strong population growth.  If buyer desires, seller will stay for a period, working as buyer’s associate, to assist in the transition.  (SOLD)

3. Charleston, West Virginia — Practice For Sale:  Annual collections approx. $400,000.  Good recall base.  Free-standing building with parking can be leased or purchased.  Owner wishes to retire. (SOLD)

4. Beckley, WV Area — Associate Position Available:  Established practice in new facility.

5. Eastern Panhandle, West Virginia -- Practice For Sale:  Rapidly growing county along progressive I-81 corridor.  Population growth of 23% from Years 2000 to 2005.  Median household income ~31% greater than State average.  Annual collections in $400,000 range, plus area of rapid growth provides potential for significant future growth.  (Owner has not wanted growth.  For last 2 years practice has limited new patients to just family members of current patients.)  Stable staff and strong hygiene recall base.  Owner wishes to retire, but will work with buyer following sale, to assist in transition, if buyer desires.  (SOLD)

6. Eastern Panhandle, West Virginia – Area of Rapid Growth -- Associateship Leading To Transition & Ownership: Rapidly growing county along progressive I-81 corridor.  Population growth of 23% from Years 2000 to 2005.  Median household income ~31% greater than State average.  Located along progressive I-81 corridor.  Highly successful practice in attractive office building in good location, with annual collections in the $1,000,000 range.  Seeking associate to work 1 to 2 years and then assume ownership of practice.  Owner will stay after sale, working a reduced schedule, to assist buyer in further transition, and to assist buyer in maintaining production levels.  Excellent opportunity to move into ownership of practice producing well above the national average in terms of collections.  During the 1 to 2 year period preceding the sale’s closing, owner will mentor and prepare associate for ownership and management following the sale.  Under our Company’s guidance a complete transition plan will be developed and signed prior to the associate beginning work.  The sale price and date of sale and ownership transition will not be left undetermined.  Associate will know exactly when and how he/she will progress to the role of owner.  Candidate with 1 to 2 years of practice experience preferred, but self-confident recent graduates will be given fair consideration. 

7. Point Pleasant WV — Practice For Sale:  Owner wishes to relocate.  Annual collections ~$330,000.  Dentist per population suggests potential for future growth.  Quality small town life or commute from Teays Valley area.  Ideal first practice for dentist desiring to grow and build larger practice, or as satellite practice for existing Kanawha Valley Practice.

8.  Charleston & Hurricane WV – Associate Position:  Large, successful multi-office practice seeks associate with 2 to 3 years of practice experience.  Compensation will be a guaranteed base salary plus bonus based on associate production.  If associate fits well with practice, future partnership potential exists. 

9. Eastern Panhandle WV -- Associate Position:  Busy multi-office practice.  Minimum guaranteed salary, or percentage of collections, whichever is higher.  Potential partnership after 2 years.  Choose one of 3 locations:  Moorefield, Romney, or Keyser.  Annual income potential in the $150,000 to $250,000 range, depending upon associate’s productivity.  Health insurance and Simple IRA matching plan available.

10. Beckley Region -- Practice For Sale:  Annual collections in $560,000 range, with approximately 42% profit margin in Year 2006.  Attractive, recently remodeled practice.  Owner wishes to relocate.  Beckley area offers many lifestyle pluses – close to snow skiing, great whitewater rafting, camping, golf, hunting and fishing, and other outdoor activities.

11. Central WV – Associate Position:  Progressive, successful practice, with annual collections in excess of $750,000 seeks associate.  Associate annual income expected to exceed $120,000 per year.   

12. Eastern Panhandle WV -- Practice For Sale:  Area of high growth.  Annual collections in $350,000 range.  Owner wishes to relocate to another area.  Area of strong population growth. (SOLD)

13. Charleston, WV Area – Practice For Sale:  Attractive facility, well designed, spacious lab and sterilization, 5 operatory office, with room for 5th operatory.  Operatories computerized.  Digital radiography.  Annual collections in the $820,000 per year range.  Annual taxable profit in the $300,000 per year range.

14. I-64 Corridor, WV – Huntington to Charleston Area – Practice For Sale:  3 operatory office, electronic claims filing, established recall program, with recent equipment and software upgrades.  Annual collections in the $340,000 per year range.

15. Lewisburg – White Sulfur Springs Area, WV – Practice For Sale: Beautiful and historic area.  Great place to live.  Near world famous Greenbrier Hotel Resort, great skiing at Snowshoe, WV, camping, hunting, and an abundance of other outdoor recreational opportunities.  Established practice collecting in the range of $500,000 to $600,000+ in recent years.  Buyer may purchase immediately, or associate for a period and then complete the purchase.

(Practices For Sale and Associate Positions Available)