Practices For Sale - Kentucky
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Burlington, KY - Northern, KY / Cincinnati Metro Area - Practice For Sale: Growing area near Airport. Beautiful facility in great location. Collected ~$397,000 in 2015 on ~3 to 3 1/2 day work week. No Medicaid. 5 operatories. Major equipment is quality -- Adec. Dentrix software. Computerized operatories with digital x-ray. Amalgam free. Nitrous plumbed to all operatories. Intra-oral cameras all operatories. Active hygiene recall. Practice owner also owns building. Prefers to sell bldg. to practice buyer, but will lease it with an option to buy later. #RB421GDSR
South Louisville, KY (Bullitt / Jefferson County Line Area) - Practice For Sale: (New Listing) Ideal as primary practice to buy and grow, or as a satellite practice. Visible location on high traffic highway. Attractive building, attractive / modern interior design, very nice, modern equipment, digital x-ray, Eaglesoft software. Collected approx. ~$448,000 in 2015. Plenty of room in the office to grow -- provides great future potential for the right buyer. #D401GDSG
Hazard, KY Region / Middlesboro Area - Practice For Sale: (New Listing) Practice has collected between ~$540,000 and ~$580,000 in recent years. 5 operatories. Strong new patient influx. Practice owner also owns the building, and will either lease it or sell it to the practice buyer. Depending on the buyer's preference, owner will either leave immediately at the time of the sale, or stay and work for the buyer for up to 1 year to assist in transition. Reason for sale: Owner desires to relocate and work as an employed associate. #S389GDSH
Cincinnati, Ohio - East Side Cincinnati - Practice For Sale: (New Listing) (This practice is in Ohio, but is also listed here with Kentucky practices because of its proximity to Northern, KY, and the possibility that a buyer interested in Northern, KY may also have interest in this practice.) Established general practice located on the East side of Cincinnati, OH. Well-respected owner doctor selling all Fee For Service practice. Collected $750,000 in 2015 on a 4-day work week. There are 3 operatories with room for 4 operatories. Office and equipment are in good condition and practice is computerized with Dentrix, digital radiographs, and intra-oral cameras. Practice owner owns the building and will sell it to the practice buyer or lease it with an option to buy in the future. #XCS402GDSKX
Owensboro, KY - Practice For Sale: (JUST SOLD) Annual collections ~$277,000. Good opportunity for dentist wanting to make a moderate investment to get into his / her own practice, then grow and develop it further. Attractive office, nicely equipped, in good location. Digital x-ray, computerized operatories with 2 monitors in each treatment operatory, Kavo electric handpieces, nitrous oxide, Dentrix software, I-O camera, 3 operatories equipped with a room suitable to add a 4th. Less than 1% Medicaid. Only one PPO / in-network insurance plan. Growth opportunity created by the ability to add more PPO plans, such as Delta Dental, etc. Practice owner also owns the office condo, and will either lease it to the practice buyer, or also sell it, depending on the buyer's preference. City population approx. 58,000. County population approx. 96,000. Situated on the Ohio River, Owensboro has a riverfront park and a downtown transformation project in progress that is to include a new hotel, a 169,000 square foot convention center, and a new hospital. #D386GDSR
Louisville, KY (East Louisville -- St. Matthews) - Practice For Sale: Suitable as primary practice to buy and grow, or as practice to merge into an existing practice in the area. If buying to practice in this location, owner offers two unique options for purchase of this practice: (i) Pay the asking price for the practice and lease the building at market rates, or also purchase the building; or, (ii) Buy the practice at a greatly reduced price, just 25% of the asking price, and pay a higher rent for the first 7 years. Attractive office in great location in St Matthews, just off Shelbyville Road. High traffic area for visibility. Area has good educational level, and good socio-economic mix. Located just a few minutes from upscale neighborhoods. This practice has opportunities for growth, given that the owner does not accept emergencies and accepts minimal if any children. Many patients in the area would prefer a dentist who will also accept and treat their children, providing the buyer an opportunity for growth. Owner also refers many treatments that typical buyers can do. Moderate investment to get into this practice, then work to grow and develop it further. Collections in 2015 were ~$220,000. ~20% of collections are from more advanced dentistry or full mount restoration. No Medicaid. 5 operatories. #A387GDSH
Central, KY -- Practice For Sale: (New Listing) Annual collections ~$500,000 on just a 3 1/2 day work week. Ideal situation for either:
1.) An existing Bardstown, Danville, Harrodsburg, Louisville, Elizabethtown, Frankfort, or Lexington practice that desires to establish a satellite practice; or,
2.) An individual dentist seeking to purchase his / her own primary practice.
Within 35 minutes to Bardstown and Danville, ~40 minutes to Harrodsburg, 1 hour to E-Town, and 1 hour & 15 min. or less to Louisville, Lexington, or Frankfort.
Over 1,500 periodic exams in year 2014 suggests a solid patient base. 4 operatories, 2 for dentist, 2 for hygiene. Computerized operatories with Digital x-ray. MOGO software. Low monthly office rent. Located in a city with 5,500 to 6,000 population, in a county with +/-19,000 population. #BW389GDSD
Morganfield, KY - Practice For Sale: (New Listing) Located ~30 minutes from Henderson, KY. Collections in the $414,000 per year range on a 3 day work-week. Profit margin in the 50% range with personal expenses, elective expenses, and non-cash deductions not considered. 4 operatories. Digital x-ray. Diagnodent. Dentrix software. No Medicaid. Only accepts one PPO in-network insurance plan. Office building is for sale with the practice and the building is priced at only $60,000 to make a great purchase package for the practice buyer. #WB448GDST
Louisville, KY (Bardstown Road) - Practice For Sale: Ideal for dentist wanting to buy and build up a practice with low front-end investment & purchase debt, then relocate it to a larger office space, or for another Louisville practice wanting to buy and grow a satellite practice. Annual collections ~215K, but active recall base to grow from. 2 equipped operatories with plumbed room for 3rd operatory. #J225GDSM
Louisa, KY - Practice For Sale: Ideal for either: (i) an existing practice in the Ashland to Paintsville region that wants to obtain and grow a satellite practice; or, (ii) a dentist seeking to establish and grow a practice, that wants to do so with far less cost than typically required for a start-up practice. 3 operatories. Collections ~$176,000 per year. Located in nice office space. Practice owner owns office space / condo, and desires to sell it along with the practice.
One Hour From Lexington, KY Area - Practice For Sale: Suitable as primary office, or satellite practice for practices in the Corbin to Richmond region. Year 2012 collections +/-$300,000 on 2 day work week. Owner indicates significant opportunity for growth by accepting additional PPO's and/or Medicaid. Owner willing to stay and work for buyer, if buyer purchases the practice as a satellite practice and needs 1 to 2 days a week in production assistance from the seller. Seller will leave immediately if buyer prefers that. #J333GDSF
George D. Stollings, DDS