NEW ORLEANS GP General Practice

Employees: 2 Assistants (FT) 1 Hygienist (FT) 2 Front Desks (FT)

This extremely well-established Garden District practice collecting over $900K is now available for purchase. The practice was started seventy years ago and is in its second generation of ownership. It is an efficient five operatory practice with low overhead. There is Practice Works management software, digital x-rays, cone beam, and a strong recall program. The strengths of the practice include friendly and personal patient care focused on service and a steady flow of 18 new patients per month. The practice has a long time and loyal office manager of over 20 years and hygienist of over 20 years who both would like to continue as part of the practice.
The practice is expected to net $230K after all overhead and debt payments. The profit alone from the hygiene department will pay the monthly loan payments 1½ times each month. Uncle Sam will also lower your income taxes by ~$175K to put toward the price if you buy it. (If you don’t buy it, you’ll still pay $175K in taxes).
This can also work perfectly well as a merger, moving the buyer’s practice into the seller’s office. This approach will net a buyer $280K. Click on the Merger Buyer button for details.
Or if you don’t want to take on the extra production, perform a Merger Purchase and have an associate perform all of the extra production for you and still net you can net $130K just for being the owner. Click on the Entrepreneur Buyer button for details.