| Equipment |
4 Indentical Pride Style Operatories |
| Description |
This practice is located in a busy and affluent section of Norman, Oklahoma and is in close proximity to major thoroughfares and I-35, so it is easily accessible from anywhere in the area. Norman is now Oklahoma’s third largest city in Oklahoma, behind only Oklahoma City proper and Tulsa. The population of Norman in the last U.S. census was just below 103,000.. CNNMoney.com announced Norman to be one of the Top Ten places to live. It is, of course, home to the University of Oklahoma and thereby the community enjoys all of the educational, cultural, social and sports aspects of a major university. Norman is also home to a Hatachi mfg. plant, the training center for the U.S. Postal Service, headquarters for the U.S. Weather Bureau’s National Storm Center,
The practice is being sold because the owner has earned the privilege of retiring from the practice of dentistry through the benefits this practice has provided to him. .In the fiscal year of 2008, the practice had a net collected revenues of $953,584 after adjustments. Overhead runs approximately “fifty-five” percent, making this an extremely profitable practice and the doctor does it all with basic general dentistry techniques and no unusual specialty services. In 2008 the practice grossed $1,259,000 and avraged 30 new patients peer month.
The office is a leased facility so no financing for a real estate purchase will be necessary for the buyer. The office contains 2,036 square feet of space, housing four treatment rooms. Dentrix is the software utilized by this office and it is current in its updates. The computer hardware is new.
Practices of this size, profitability and quality do not come along often and thereby it ought to appeal to any dentist looking for a practice that cash flows so well and also earns the owner a handsome profit. If the new owner were to retain some of the services that are now being referred and add some services that the current owner chooses not to do, then there could be a rapid and substantial increase in the already excellent production that this office provides.
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