Practices For Sale - Kentucky
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Hopkinsville - In Western, KY - Practice For Sale: Nearby Western, KY lakes make for great recreational opportunities. PRICE REDUCED BY MOTIVATED SELLER = GREAT OPPORTUNITY. Annual collections ~$650,000 in 2013. On track first half of 2014 to exceed $700,000 collections. 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. Adec operatory equipment. Additional potential for buyer created by fact that owner refers out significant amounts of extractions and endodontics.
Southeast, KY Region / Middlesboro Area - Practice For Sale: (New Listing) ~$713,000 annual collections on just 4 day work week. Good new patient influx. Excellent recall base with 2 hygienists working 30 hours per week each provides solid foundation for future growth. 4 operatories. 5th operatory for check visits only. 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 (East End of Louisville -- Shelbyville Road) - (New Listing) Annual collections varied in the $290,000 to $300,000 range in 2008 through 2011. In one year the annual collections jumped to ~$465,000 in 2012 with the addition of a new, more efficient office manager. 2013 final figures being collected now. 4 operatories with plumbing for at 5th. Significant portion of crown and bridge work. No Medicaid. Good location provides future potential. Nice operatory equipment with Kavo handpieces and good interior layout / design. #M224GDSG
Winchester, KY - Practice For Sale: Annual collections ~$306,000 on just 2 1/2 days per week. Well suited for buyer wanting to purchase a practice with less cost and debt than typically incurred, and is confident that he / she can build the practice further after the purchase. Digital x-ray and computer charting. Also, good opportunity for another practice in the general area that wants to buy and develop a satellite practice. . #E389GDSO
Louisville, KY (East End of Louisville -- S. Hurstbourne Pkwy / Taylorsville Rd Area) - Practice For Sale: 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. #S2375GDSE (JUST SOLD)
Louisville, KY (Bardstown Road) - (New Listing) 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. Contact us now to receive information as soon as it is available. #J225GDSM
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.
Berea - Kentucky - (New Listing). Great area in which to live. Annual collections ~$386,000 in most recent corporate year. 4 operatories. Digital x-ray for periapicals. Softdent software. Near paperless office. Air abrasion. Zoom. Plumbed nitrous oxide analgesia. Primary equipment is Adec. No Medicaid. Well designed office, with rear dual entry operatories and center island cabinetry, in good location near lots of area business on high traffic road. Out of the competitive environment of Lexington, yet just 35 to 40 minutes to New Circle Road in Lexington gives you easy access to all Lexington's activities, shopping, sports, dining and more. #B226GDSC
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)
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, no Medicaid in either. Both have Eaglesoft software and refer out ortho., oral surger, and most pedo. 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 has 3 operatories and is plumbed for 4. 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 $189K. Separately they would be priced at $110k and $86K respectively. The office facility in the small town is owned by the practice owner. It has 3 operatories and is plumbed for 5. Depending on the practice buyer's preference, he would either lease it to the practice buyer for $1,250 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. (JUST SOLD)
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.
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.
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.
George D. Stollings, DDS