TURN KEY STARTUP OPPORTUNITIES

Like most great opportunities, this is one that flies under the radar. Available to all, but explored by few. Once you have become comfortable with your clinical skills and your production, the next logical step is becoming an owner dentist. You face two basic options: start your own practice or purchase an existing one. We wish to expose you to a third viable option that may make sense for your future.

Starting your own office gives you the opportunity to build just the right office for your taste. You have control over size, type of equipment and design. This comes at a hefty price, as the typical startup costs from $400K to $500K in a leased space. And after spending all that money, no patients. You will succeed, but heavy debt service looms each month and impedes forward progress.

Buying an existing practice is an attractive option if you can find the right practice at the right price. Unfortunately there are not many practices available and based on supply and demand the price is historically high to purchase a practice. If the previous owner does not assist with the transition, patient attrition typically runs about 30%. You inherit the ability to generate income from an existing patient base, but you also must deal with any inherent practice problems, like overpaid staff, older equipment, and someone else’s office protocol.

A third option that few investigate results when a dentist decides to move to a bigger space and leaves his office and equipment for sale at a greatly reduced rate. You in essence can do a startup for a fraction of the typical cost and you don’t have to wait months for design aspects, building permits and construction of tenant improvements. Your debt service will be half of the traditional startup and you can start within a month of acquisition. Right now we have several opportunities that fit this mold and guess what-no one is showing any interest! Some of these offices are absolutely beautiful with quality equipment like Adec and Pelton Crane. These are turnkey operations for pennies on the dollar.

As a well-traveled consultant I see many “Taj Mahal” offices that produce well but due to debt service have high overhead. Generally the most profitable dentists have modest offices with strong overhead control. This type of practice opportunity is destined for rapid success and higher profit margin.

If you are thinking about becoming your own boss, I urge you to at least explore this option. We have opportunities like this in Tempe, Chandler, Phoenix, and Glendale. Click here for some pictures of these offices We would love to show you these beautiful offices and see if they make sense for your future. Call Michael Warm, DDS at (602)-702-1218 or Robbie Goldenberg at (480)-266-7726 to schedule an appointment. Investing just a little of your time could prove to provide you with a high rate of return and accelerate your career path to success!