Practices For Sale - Kentucky
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Louisville, KY (East End of Louisville -- S. Hurstbourne Pkwy / Taylorsville Rd Area) - Practice For Sale: (New Listing) Owner pursuing another career path and is anxious to sell. Collections approx. $349,000 in 2013. Cerec 3D, Pan / Ceph, IO camera, Zoom. No Medicaid. 4 operatories. Easy Dental software. Practice owner also owns the office space and depending on practice buyer preference will either lease it or sell it to a practice buyer. Ideal for either: (i) dentist wanting to purchase and grow a practice with far less investment that the cost of a typical start-up; or, (ii) another Louisville area practice wishing to establish and grow as satellite practice.
Hopkinsville - In Western, KY - Practice For Sale: Nearby Western, KY lakes make for great recreational opportunities. Annual collections ~$540,000. Beautiful office in great location. 4 operatories with space available to add a 5th. Digital x-ray. Eaglesoft practice management software. Computerized charting. 2 monitors in each operatory. Sterilization center cabinet. No Medicaid. Active hygiene recall program -- two hygienists with ~1,437 patients seen on recall in the 6 months ending with July of 2012. Averaging ~31 new patients per month in the 6 months ending July of 2012. Adec operatory equipment, per owner all no more than 10 years old, with much newer. Additional potential for buyer created by fact that owner refers significant amounts of extractions and endodontics.
Paducah - In Western, KY - Practice For Sale: (New Listing) Ideal situation for a dentist that enjoys, or would enjoy removable pros and extractions. A buyer may elect to continue to focus on removable pros, or he / she may use this pros orientated practice as a base from which to grow the practice into one with a wider range of general dentistry services. Seller will stay on for a while, if wanted by the buyer, to teach the approaches to removable pros that have been successful in the seller's practice. Collections of ~$596,000 per year on 4 day work week, with ~$199,000 profit. Opportunities for further growth include adding additional PPO's and doing procedures now referred out by the seller -- such as endo, ortho, pedo, perio, TMJ, Orafacial pain, difficult extractions. Located near the Land Between The Lakes -- making this a perfect area for someone loving outdoor activities such as boating, fishing, hunting, and camping.
Louisville, KY (East End of Louisville) - Practice For Sale: Located near intersection of Watterson Expressway and I-64. Annual collections approx. $425,000 with annual profit approx. $217,000. Owner indicates that the practice has no Medicaid content. Patient recall base and services referred out suggest the potential of this practice. Year 2012 production report shows 1,794 periodic evaluations (exams). Owner indicates that he refers out: endo., perio., ortho., oral surgery and most extractions, and some pedo. It is anticipated that the buyer of this practice will want to make some immediate equipment upgrades, but the cost of those upgrades was considered in the appraisal process for this practice -- resulting in an appraised value and asking price that is considerably less than normally expected for a practice with this level of annual collections and profit. 3 operatories. $1,450 monthly rent. Practice buyer can assume lease. (JUST SOLD)
Southeast, KY Region / Middlesboro Area - Practice For Sale: (New Listing) ~$750,000 annual collections in 2012. Good recall base with 2 hygienists working 30 hours per week each. 4 operatories. Very little amalgam. At practice buyer's election, office building can be leased, or also purchased at the time of the practice purchase. Depending on practice buyer's preference, practice seller will leave the practice immediately, or stay to work as buyer's associate for some period, to assist in transition.
Louisville, KY Metro - Oldham County Suburb - Practice For Sale: Well equipped. Ideal for either: (i) an existing practice in the Louisville area 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 in a good area with far less cost than typically required for a start-up practice. Located in very nice office complex, serving area with median household income, home values, and educational levels well above Kentucky averages. $186,000 in collections in year 2012. This practice can provide a "jump start" for anyone wanting to build a practice in a good economic area. 3 operatories. Digital x-ray / Shick wifi. YSGG laser. Eaglesoft. No Medicaid. No PPO's. All standard insurance or patient fees.
Bowling Green & South Central, KY Town - 2 Practices For Sale: (New Listings) 2 Practices for sale - both economically priced. Owner would like to sell both at the same time, but would consider selling either separately. 2nd practice in small nearby town is in easy commuting distance from Bowling Green, so buyer of either or both practices could live in Bowling Green. The Bowling Green practice is the smaller of the two in terms of annual collections, collecting about $126K per year on a 12 hour per week work schedule. It offers some unique opportunities, because it is well located, in a nice office, and is recently equipped. It also has a very favorable long term lease. The rent for approximately 1,480 square feet is only $1,257.50 per month - with about 11 years remaining on the lease. So, much of the value in this practice comes from its equipment, and the potential ongoing savings a buyer could enjoy by taking over the long term lease. It would be ideal for: (i) a Bowling Green area practice, that wants to move into a nicer office space, who could buy this practice, move there, and merge this patient base into his / her own for growth in the process; (ii) a dentist thinking of starting a practice from scratch in Bowling Green, who could get into this nice office for far less than the cost of setting one up, and have some patient base to then help jump start his / her practice; or, (iii) a practice in a town near Bowling Green, looking for an economical way to start a satellite practice in Bowling Green. The 2nd practice, in a nearby small town, collects about ~$200K per year on a 2 day work-week. Both of these practices can be purchased together for just $206K. Separately they would be priced at $120k and $86K respectively. The office facility in the small town is owned by the practice owner. Depending on the practice buyer's preference, he would either lease it to the practice buyer for $1,500 per month, or sell the building for $259K. Contact us for a better understanding of each or both of these opportunities.
Somerset KY - Practice For Sale/Associate Position Available: Great area for anyone who likes outdoor activities. 10 minutes to Cumberland Lake. Near Daniel Boone National Forest. Area offers boating, water skiing, swimming, camping, hiking, canoeing, whitewater rafting, fishing, hunting, and more. Approx. $815,000 annual collections. 5 operatories, digital x-ray, Dentrix software. Operatory equipment is mostly Adec. Well established hygiene department. No DMO / capitation and less than 2% Medicaid. Modern, spacious facility with well designed floor plan. Depending on the preference of the buyer, owner will either sell now and retire (leaving the practice quickly after the sale); or, sell now and stay to work with the buyer as a part-time employed associate for some period of time following the sale.
Frankfort, KY - Practice For Sale: Annual collections ~$498,000. No Medicaid. No PPO plan fees accepted. Four (4) operatories, with 2 being used by dentist and 2 being used by hygiene, but all 4 equipped so that they can be used by a dentist. Nicely equipped with mix of Adec and Pelton & Crane. Eaglesoft software. Nitrous oxide. Active recall program. Good new patient influx. (SOLD)
Frankfort, KY - Practice For Sale: Annual collections in the $380,00 range. Owner refers most endodontics, providing immediate additional potential for buyer who does most or all endodontic cases. 5 Operatories. Kodak Softdent software. No Medicaid. EDDA assistant. Amalgam free practice. Located in Frankfort, allowing buyer to easily take advantage of activities and events in both Lexington and Louisville. Depending on buyer's preference, upon sale of the practice owner will either leave immediately, or stay with the practice for up to 3 months to assist the buyer in transition.
East - Central Kentucky - Practice For Sale: Approximately 1 1/2 hours from Lexington. Per owner, draws patients from 4 different counties. Annual collections +/- $415,000 on 4 day work week. 3 operatories. Digital x-ray. PracticeWorks software. Computer charting. Monthly rent for office space only $915. Suitable as primary practice, or as satellite practice for another practice in the region.
Lexington, KY - Practice For Sale: Located near Nicholasville Road / New Circle Road intersection. Three (3) operatories. In an attractive office building complex, in condo that can be purchased along with the practice. Collected approximately $212,000 last year. (However -- Collections for first 4 months of 2013 averaged over $33,000 per month --- up significantly versus the average monthly collection in 2012. The owner credits this improvement in operations to a change in staff at the front desk.) Periapical digital x-ray by sensor. This opportunity is most likely suited for either: (i) Some one confident in his / her ability to build-up a practice, that would like to get started in Lexington without the enormous expense of setting up a new practice; (ii) another existing Lexington dental practice that would like to obtain a satellite practice with only a moderate investment, and build it up; or, (iii) someone with an existing small practice, that would like to buy this one and merge them together at this location to create growth.
Near Southern KY Border (In Clarksville Tennessee) -- Practice For Sale: Fast growing area (~20% population growth 2000 to 2009). 5th largest city in TN. Home to Austin Peay State University. Annual collections ~830,000. Taxable income of ~$335,000 (~40% profit). 7 operatory practice in very attractive office building. Active recall base. Dentrix software. No Medicaid. Computer charting. Depending on buyer's preference, seller will either stay with buyer for +/- 6 month transition help, or leave and retire on date of sale. Practice owner also owns building and will lease the office space to the practice buyer, or also sell the building, depending on practice buyer's preference.
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.
Beattyville, KY - Practice For Sale: Collected approximately ~$524,000 last year. Located in beautiful area of Kentucky, providing numerous activities for those loving the outdoors. This practice could be for you if you: (i) don't want to compete for patients in the cities; (ii) want to provide a valuable service where it is needed, and be valuable to you community and surrounding area; and, (iii) want a chance to earn a good income in the process.
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.