This is a well-established, multi-location orthodontic practice with a fantastic reputation in the northern region of Atlanta metro. The primary location is a beautiful 3,900-square-foot office in a multi-tenant building located in a a predominantly high-income neighborhood. It has six operatory chairs and two record chairs. The current lease is renewable. Notable technology in the practice includes 2 iTeros, dual monitors at all chairs, 30 computers and a digital Pan-Ceph. The condition of the office and the equipment is excellent.
This practice has an average of 620 new patient exams a year and utilizes Cloud 9 management software to manage the scheduling, treatment and billing. The owner participates in-network with several insurances and files claims on behalf of its patients with out-of-network providers, such as Delta Dental Premier. Approximately 18-20% of payments received are insurance payments, and the remaining are payments made by patients. 70% of the practice’s new patients come from referring doctors, 26% from patient referrals and 14% from external referrals such as the well-designed, well-maintained website and social media efforts.
Over the last three years, the owner’s work days have averaged 3.5 days per week, and the practice has collected a weighted average of $1.75M with an overhead average of 58%. The owner is preparing for retirement but is open to a limited transition in-office. With decades of consistent momentum, this is the opportunity many orthodontic providers have been waiting for. Contact NDP today for additional information.
