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Practice Profile: Make an Offer On This Well-Established Practice

Posted by Betsy Krekling, ADA Advisor on 1/21/22 8:30 AM
Betsy Krekling, ADA Advisor

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Serve a community that’s about to lose its only dentist.

This small-town practice is the only one in the entire county – and it’s ideally located in the county seat to draw from many local communities. Established in 1950, it has built a good reputation for quality dentistry. Nearly half of the 1,400+ patients come from adjacent counties, and there’s plenty of growth potential.

You’ll work with a loyal, talented, well-trained staff who keep this 4-operatory practice running smoothly, building long-term relationships with generations of patients.

The retiring seller says, “I came to this profession with goal to meet the dental health needs of my community. I believe in the importance of careful and accurate diagnosis, and an understandable explanation of that to my patients. I believe all treatment options should be explained and understood so that the patient can make the decision that is best for them in their circumstances. I believe the trust this builds in my patients has been the foundation and stability of my practice, and led to rewarding relationships.”

That’s why the seller wants to ensure his patients have continuity of care, so he’s willing to sell for a very attractive price. And since the area is considered a Health Professional Shortage Area by the National Health Service Corps, you may be eligible for student loan repayment programs. This creates a very rewarding opportunity for you to own a practice while building financial stability. (Read more about why small-town practices can provide some of the best opportunities in dentistry.)

The practice is well situated in a small county seat town in the rolling green hills of northern Missouri. The office is right on the town square, a historic district on the National Register. A small park lies adjacent to the office, with several county government buildings nearby plus ample, city-maintained, free parking.

The county is a prime hunting destination for deer, wild turkey, and waterfowl, with three state conservation areas nearby, plus a 1,500-acre recreational, residential lake just four miles from town with excellent fishing, boating, and water skiing.

This town is a friendly, safe place to raise a family. An excellent school system serves the area, with modern, well-maintained facilities right in town. The school is a source of community pride and the center of many community activities. One of the largest county fairs in Missouri is held here every fall. Visit the Saturday Farmer’s Market on the town square, May through October. Early December includes a winter festival with an elaborate Christmas parade and activities for all ages.

The local economy is primarily agricultural, with farms producing grain, cattle, and hogs. Large employers include Smithfield Farms (farms and a meat processing facility), a specialty printing company, and other manufacturing businesses in neighboring communities that employ local residents.

If you’ve ever thought about practice ownership, this is a fantastic opportunity to build a successful practice in a community that will greatly appreciate your work – while you establish a comfortable, satisfying career with work-life balance. Create your free ADA Practice Transitions profile now to get started.

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Topics: practice profiles


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