Discover the advantages of a rural practice. . .
Highly profitable practice averaging approximately $1.25 million over the last three years. Updated six-operatory office with two associate dentists in place and capacity for a new owner dentist who desires additional practice growth. Building is also available for purchase. Summary – Manhattan
ST. JOSEPH, MO & TROY, KS – SOLD
The recent death of our client, Dennis T. Myers, DDS causes the need for an immediate sale of his dental practice with offices in St. Joseph, MO ad Troy, KS. The Troy office is the only practice in Doniphan County and has been in operation for over 40 years. The large building housing the practice stands on a prime corner of the city square and is also available for immediate sale. *The asking price of the building is NOT included in the Practice Total. Both offices have digital radiography. The St. Joseph office is located on the top floor of a US Bank building near the intersection of 169 Highway and the historic Lover’s Lane. An associate doctor is in place and would be available to stay as a producer (especially in the Troy office) after closing. It is our intent to sell the practices and building as a package. This is an excellent financial opportunity as the practice has net income in excess of $500,000. Please note that $774,000 is the Asking Price and that reasonable offers will be considered. View the combined summary sheet here.
Listings in this category are not defined by a particular geographic area within our territory but rather represent opportunities that offer both professional and lifestyle choices. They are generally located in smaller markets, far enough away from larger cities that you would need to move to and live in the community. These opportunities are in towns that are large enough to offer quality social, educational and religious connections while still representing excellent economic and practice benefits. Commutes to large metros are less than two hours.
As a rule, we find doctors in these area face less competition, lower overhead, higher net profit and are less controlled by insurance company schedules and adjustments. Many accept no preferred provider insurance at all. As smaller, unsustainable practices in rural markets close down over the next five to ten years, well managed practices in these areas should become even more lucrative. Imagine less traffic, lower real estate costs, high net income and a quality Midwestern lifestyle and give us a call to discuss which location might be best for you and your family.