TULSA Listing No. 905UT02

This is a moderate sized general dentistry practice that would be wonderful for a dentist wanting a very favorably priced entry level or easily managed practice that will be immediately profitable.. It would also be a wonderful satellite practice. The practice is unique in that it is defined as a "Solo - Group Practice." That is to say that there is more than one dentist operating under the same roof but each dentist has his own self-contained practice, working space, patient base, as well as his own staff. The group setting allows minimizing the expense of large overhead items like rent, maintenance, and large expensive equipment items such as panoramic x-ray machines.

The practice had collections of more than $400,000 in 2008.with a 60% overhead and 40% profit. The owner’s portion of the 2,616 square foot building is 513 square feet of operatory and private office space and 982 square feet of shared space such as reception room, business office, rest rooms and hallways. There are three operatories, one of which is used by his hygienist. The owner’s portion of the office contains a large, but shared reception room that is adjacent to the business office, whose space is also shared. The three operatories are built around an atrium of plants which patients enjoy viewing, as well as contributing to natural lighting in the treatment rooms. The lab and sterilization room are adequate to support a general practice. The doctor has a private office in which he handles his administrative duties. The rest rooms are shared with other dentists as is the large parking lot. The office space will be leased and thereby further minimizing the initial cost of becoming settled into this practice opportunity.

The selling doctor is retiring after five decades in dentistry, almost all of which has been in this general area and this office building. The practice is basically that of bread and butter general dentistry. The doctor refers 75% of endodontics, 15 % of oral surgery, 100% of orthodontics and 75% of periodontics. If the new owner were to keep some or all of these services in his own practice, then the practice could expand rapidly without the need for any more patients than already exist. The opportunity is excellent for someone wishing to get a running start on the practice of dentistry without having to acquire a large debt to do so. The rew2ards from this practice, both processionally and financially, are limited only by the drive and abilities of the new owner.