We have a very busy practice in Greenwood, South Carolina just 10 minutes from Lake Greenwood. We are located in between Greenville, South Carolina and Columbia, South Carolina. We are on the main busy highway that cuts through town.
We have a standalone dental office that appraises for $325,000 and it is for sale.
Our practice is COLLECTING $1.8 million. We are a predominantly insurance practice. We are in network with several insurance companies except for Delta. We are partners with an Insurance Negotiation company called the Dental Advisory Group and they have negotiated the highest reimbursements.
We have a very well trained staff that are expanded duty. We have two hygienist and they are booked solid. Clinically, we are booked out 4 to 6 weeks most of the time.
We accept roughly 8% of Medicaid But we are not accepting any new patients and haven't been doing that for the past year.
We have five operatories. We are completely paperless in digital. We use Eaglesoft software. We are open four days per week.
We are willing to work small transition as our desire is to relocate for retirement. We are a basic general dentist office. We do a lot of removable but outside of that we do not place any implants or do any clear Ortho or any other specialty. We're as busy as we want to be. It would be great to find a new dentist that could bring in some additional skill sets for our patient base in our community.
We have a very efficient practice right in the downtown area. A 4 Lane highway that gets several thousands of cars a day that goes by. We pride ourselves on having a well oiled machine with a very well trained staff that wants to support a new dentist. The practice cash flows very well and would support the debt service on a purchase and have enough left over for a good living for a new dentist. Our standalone real estate is for sale. Our doctor is willing to work a transitional To ensure that the new dentist captures all of the goodwill in the practice.
Strengths: Our location and our reputation is very good and also our collections are well above the average.
Challenges: We could do more. We have just focused on what we have been offering. So, we do not offer implants and things of that nature. We are just extremely busy.
Opportunities: It would be great to find a dentist that could come in and bring some new skill sets. We are happy to give the complete playbook on how we're able to do what we do with the team that we have.