Overview: This practice was established in 1991 and currently provides general and family dentistry for all ages. Located in charming, Madison, Indiana, the practice is approximately 1 hour from Louisville, KY, and Cincinnati, OH and offers a wide range of dental procedures including diagnostic, restorative, preventative, prosthodontic, oral surgery, and some periodontal procedures. Opportunities exist to add ortho and implant procedures. There is 1 hygienist but room for 2 or more. This practice provides each and every patient a trustworthy, kind and reliable atmosphere.
The owner doctor needs a full time associate, 4 or 5 days a week. The owner would like to work part time, or even retire and sell to the associate, depending on what the associate would like to do.
While the practice has seven equipped operatories, with nearly 3,500 square feet, there is room to add 2-3 more operatories if desired. The opportunities for the associate are huge. At it’s peak, this practice was collecting in excess of $1.8MM. The practice currently offers services only four days per week but has the opportunity to expand days / hours if the associate would like to do so. The payor mix is approximately 35% insurance, and 65% fee for service (no Medicaid currently). The practice is currently supported by one hygienist, two dental assistants, one office manager and 2.5 front desk personnel.
The practice generates $323,000 in annual Discretionary Income at 4 days a week, and has the potential to generate significantly more. The owner is motivated and is willing to work with an associate to work out very agreeable terms. This is a great opportunity to own and build your future!
General Dentistry practice in lovely
Square Footage: 3,496
Founded: 1991 ( last 27 years in same location)
2022 FINANCIALS with 1 dentist-4 days/wk
*Strong base business
*Huge growth opportunity
*Great location on major road
*Strong brand awareness
*Opportunity to remain an associate or to buy
Practice Transition Advisors
Linda Wehner DMD
Now, a little about Madison, Indiana:
This is a wonderful community and that's what makes this offer so rare. Madison is a beautiful, historic mid-western town, wholesome and safe. We built our home on 20 acres and have a small farm where our 4 children grew up. They were involved in many projects, sports, music events and raised animals to show at the 4-H fair each year. This is the idyllic place to raise a family, where children learn about work and responsibility; where they learn to love the land, animals and nature. Our now grown children all express that they loved growing up here.
Our friendly community has cultural and civic activities as well as fun music and food festivals. There is a community college and a nearby private college. The outdoor farmers market is just steps from the beautiful Ohio river. There’s an amazing state park with hiking trails, waterfalls and a nature center. This wholesome town with its warm welcoming hospitality is charming, and it’s a place to get away from the traffic and air pollution of the big cities.
The schools and classrooms are not over-crowded which makes getting into sports, music, theater and extracurricular activities easier.
This area offers very affordable housing and land. The low cost of living and the high dental income is a great combination.
Come and see Madison! We are 50 minutes from an international airport, and 1 to 2 hours from three major mid-west cities. (Louisville, KY; Cincinnati, OH; Indianapolis, IN)