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Practice Profile: Build a Lucrative Career in a Family-Friendly Area

Posted by Betsy Krekling, ADA Advisor on 12/10/21 7:30 AM
Betsy Krekling, ADA Advisor

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Discover what small town practice owners have already experienced: little competition, high patient volume, and low overhead. All while living in a popular vacation area, working the hours you want, and growing this practice as much as you desire!

Check out this fast-paced, 5-operatory practice that could easily grow to support two doctors with a steady flow of new patients. All oral surgery, endo, dentures, ortho, and perio surgery are currently referred out, giving you the opportunity to add services.

The great team works well together and enjoys spending time together outside the office, including at the annual Christmas party. And every January, after the holidays are over, the staff is paid for a day of pampering at the spa as part of their Christmas present. 

The seller currently works 3.5 days per week and has never needed to work evenings or weekends. She currently refers out all oral surgery, endo, ortho, complete dentures, and perio surgery. While patients are used to traveling up to 90 minutes to see these specialists, bringing these procedures in house could quickly add to your bottom line.

Work in an office with floor-to-ceiling windows that offer beautiful views of the woods. (And a lake is right across the street!) The free-standing office building was constructed in 1975 and has been completely updated inside and out. Patients frequently compliment the office décor and appreciate the staff.

The practice is located in a rural community in the northern part of the lower peninsula of Michigan. The area is made up of many vacationers from downstate who decide to retire to the community permanently. 

Even though it is a recreation area with many retirees, there are a handful of industries/employers in the area, including the largest National Guard training facility in the U.S. and three large industrial plants. The nearby community college (ranked #1 in the state) built a brand-new campus about ten minutes away from the office and continues to expand. 

The area is a year-round outdoor lover's paradise! Summer activities include golfing, canoeing the river, boating on the lake, sailing, hiking, and camping. Nearby Forest Dunes Golf Resort is annually ranked in the Top 25 nationally by all the major golf publications. The Ausable River Canoe Marathon is a nonstop 120-mile canoe race that starts in the evening and ends the next day in Lake Huron. The festival attracts professional paddlers from around North and Central America. In the winter, choose to downhill ski, cross country ski, ice skate, or snowmobile. The Cross-Country Ski Headquarters’ beautifully groomed trails are ranked the #2 cross country ski destination in North America, and located just down the street from the office. Hunting, fishing, and morel mushroom hunting are also favorite pastimes.  

And it’s a great place to raise a family. The seller notes, “We have been fortunate to raise our four children in an idyllic community where everyone looks out for one another. With the great public schools there is no need to pay private school tuition. Our high school is rated the #2 high school in northern Michigan and a top #100 high school in Michigan, regardless of size.”

Plus, if you’re intrigued by the financial independence, retire early (FIRE) movement, this is the perfect place for you. With the low cost of living, great public schools, and good cash flow from the practice, the seller has funded four college educations and is still able to retire before age 50. (Read about how two dentists have embraced FIRE to retire early.)

If you’re looking for a great practice that will let you enjoy the outdoors in all four seasons, raise a family, AND build a satisfying career, this is the place for you! Create your free ADA Practice Transitions profile now to learn more.

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Topics: practice profiles


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