RD040622 Fort Lauderdale, FL
General
practice
This Dental Practice is located in the heart of Fort Lauderdale overlooking the Middle River inside a professional building. The seller is ready for retirement after 37 years of practice and 31 years at this current location.
The practice is open 3x days per week from 9 am-5 pm and sometimes an additional day by appointment. The practice is right below 1,000 SF with 3x Equipped Ops and all-in rent at $2,563. They are ~ 40% FFS and 60% PPO.
The seller has slowed down in the past few years and this practice would be good for a buyer looking for a low overhead practice with potential for growth since the current doctor is sending out all specialty work and not doing any marketing (not even a website).
Even though the practice has been there for a while, it’s up to date as far as decor, and the practice has a cool, modern cozy feel to it. In my opinion, not much is needed as far as remodeling. The buyer will need however to spend some money and time on adding computers, practice management software, and digital X-Rays.
The doctor is doing both the hygiene and restorative cases and his wife is the office manager. They are seeking a complete buy-out, however, would be willing to work during the transition, if needed. This opportunity allows the buyer to select the personnel and implement the systems that they are comfortable and familiar with.