METRO EAST St. Louis Area

Metro east st. louis area

16 Aug, 2018
East Saint Louis, IL
Status Type:
Inactive
Practice Type:
General
Opportunity Type:
Facility for Sale
Transition Type:
Sell Practice - Available for Transition
Region:
Metro East near St. Louis
City or Advertised Area:
METRO EAST St. Louis Area
 

Grossing  $1,340,000 in six operatories, four days/week serving Collinsville, Granite City, Edwardsville, Glen Carbon and Maryville, Illinois

This practice is located in a highly visible, high traffic area of town.  It is in a very unique, civic minded, town with a lot of community spirit and pride. The local Chamber of Commerce is second to none in its support and marketing of new manufacturing businesses for the local economy, and supports its member and the community quite well.

The facility is an all brick, modern, free standing 2800sq ft. building with six operatories, reception area, business office, private office, meeting and consultation room, two sterilization and prep rooms, laboratory and staff room.  It has a partially finished full basement with large meeting room, storage files and laboratory.  Easy access and high visibility make it a highly recognizable facility for the entire community.    There is easy access to the area by five major inner state highways. 

The practice is thriving, very profitable, with a strong, well -established recall system and works on a four day work week with five days of dental hygiene.  Over 75% of the patients have at least one form of dental insurance, and the practice has a strong fee for service model. It is a Delta Dental Preferred Provider with NO PPO’s or DMO’s.  The practice has a low overhead that allows adequate cash flow for improvements and pension funding.  The patient base has a high dental IQ and readily accepts recommendations.  With very little advertising, there is a good new patient flow.  There is a website with daily messages on Facebook.  There is a wide mix of all phases of general dentistry including placement, and restoration of implants, minor perio soft tissue management, nitrous oxide sedation, and oral conscious sedation.  Referrals are made on very complex oral and perio surgery, along with all orthodontics.  This is truly a turn-key practice with great income and growth potential to a young dentist that can handle an established, well-organized, high productive practice.  Care Credit and other forms of financial arrangements make dentistry affordable to the patients. 

 The staff of six full time team members is well trained, dedicated and passionate about the patients, the practice and the community.  They would all be definite assets to the purchasing dentist. Most live in the city and are fully invested it the practice.  Their knowledge of the patient base and community make them invaluable on patient acceptance on treatment plans.

The owner of the practice has been truly blessed for so many years and look forward to retirement and handing the practice over to a suitable successor.   He plans on spending time with special projects, hobbies, travel, family, friends and thei church activities.  The owner is willing to stay on for mentoring if requested on a part time basis. 

 

 

 




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