Thriving Minneapolis-area general dental practice with growth potential

Goals:

The current doctor is ready to sell their practice to a fellow dentist and transition into retirement. They are focused on making the process seamless, offering flexibility in the sale structure and timeline to support the new owner's success in taking over the practice.

Overview:

• Established Dental Practice Near Minneapolis, MN: Situated within an hour of downtown Minneapolis in the vibrant Twin Cities area, this well-established practice has been a trusted part of the community for over twenty years.
• Modern Facility with Room for Expansion: Recently remodeled within the last three years, the practice features three fully equipped operatories with space to add two more, offering ample room for growth.
• Steady Patient Base with Growth Potential: Serving 960 active patients with minimal advertising, the practice averages 5-10 new patients per month, creating strong opportunities to expand through targeted marketing efforts.
• Strong Financial Performance: With annual collections of $785,000 and a true take-home income of $254,000, this presents a prime opportunity for a dentist to step into a successful practice and build on its foundation. The current doctor is ready to transition to retirement and will offer support during the ownership transition.

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