PRACTICE DESCRIPTION

Conveniently located in an urban Chicago neighborhood, this well-established orthodontic practice has placed deep roots in the community and earned a great reputation. After several decades of practice, the current owner is ready to retire, but willing to remain in the office if needed for the duration of a smooth and successful transition. The practice is open four days per week and has four full-time and two part-time employees. Marketing efforts, including its website and social media, make up for 30% of new patients, while 50% are patient referrals and 20% are doctor referrals. There are currently 750 active patients, 75% of which are FFS/OON and 20% PPO (in network). With consistent average collections of $890K per year and an average overhead of 46%, this practice offers an excellent opportunity to step into practice ownership with a strong framework, proven momentum and outstanding room for growth