Transitions Newsletter - January 2024

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TRANSITIONS E XPERIENCE , INFORMATION, CONSULTANTS YOU CAN TRUST

JANUARY 2024

Mistreating Your Transition As a practitioner you are well trained in diagnosing a clinical situation, assessing, and creating a treatment plan, and carrying out the necessary steps to successful completion. Many practitioners have faced clinical challenges where the result was not a guaranteed outcome but one where you addressed the clinical problem to the best of your ability. Alternatively, you may have decided to refer to a specialist rather than treat the patient yourself. Actually, this approach is not dissimilar to approaching a future practice transition — whether it be in the near, or the not-sodistant future, what you do not know can hurt you! Whether measured in dollars or lost time and unnecessary expended energy, this does not have to be the case. We want to take the opportunity to bring up some recent examples of stumbling blocks with the hopes of helping you to identify and avoid or prevent them in the future. Establishing a Price It should be simple, right? Just read a few articles, read some online web boards, ask friends at the local dental society meeting — then come up with a number or simple formula. You place a classified advertisement and receive number of calls. But then, what happens when no one steps forward to make an offer on your practice? Why did this happen? While it’s unlikely that this is due to you underpricing your practice, it certainly can, and does, occur from over-pricing! You may also be reaching the wrong set of potential Purchasers. Anecdotal information from your peers and the journals can be helpful but it’s just one piece of information and typically

is not indicative of the actual, constantly changing, marketplace. Packaging the Practice First impressions can make the difference. An in-person visit by a potential purchaser is one part of the journey but presenting the makeup of your practice from procedure mix, patient demographics, payor mix, overall staffing, and of course your financial picture, will probably influence this makeor-break decision for a purchaser. Not having this correct information may lend to miscommunication, misunderstanding, a ”turned off” purchaser(s), or worse. Knowing what purchasers, advisors, lenders, and other consultants look for can help secure the best available transition partner and ensure the highest possibility of success in transition. Proper Advisors Almost equally, not having the right dental experienced advisors can be a detriment to you and your transition. Someone whose expertise is primarily in retail businesses or marital law is most likely not well suited for the very specific nature of your dental practice and practice transition. Knowing

QUICK CLICK Mistreating Your Transition.........................1–2 What Our Clients Are Saying........................ 3 Congratulations!...............................................4–5 Practices for Sale............................................6–11

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Mistreating Your Transition

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(continued) to know that you are trying to sell your practice? Obviously, this could be a major disaster if you are a specialist. Will this impact your patient base or staff? This may also lead to potential purchasers misunderstanding or misreading your opportunity, therefore passing on the opportunity in the future even if the practice is then more favorably or professionally presented. the ins and outs of redos/remakes, non-competition agreements, specific indemnification clauses, A/R collections and even the transaction’s allocations is all vital to your understanding, to ensure that you maximize the income you are entitled to at the closing of your practice sale. Multiple Locations Do you operate out of more than one facility? This can lead to a myriad of questions that must be addressed prior to even contemplating a sale. For example, are there shared staff members or different dental management software programs at the locations? These are just to name a couple of the issues that can complicate and potentially derail a transaction. Working through a review of the administrative systems and structure of the practice and then the desires and expectations of buyer and seller is key. Any limitations of the transition can shed light on the likelihood of a sale and smoothness of a transition as well as the transactional process. Knowing what to ask, where to look, and what to focus on can be the determinant. Personal Shopping Does everyone know you are looking to sell your practice? Have you been marketing in dental journals and websites and are you showing the practice yourself? This can be to your significant detriment. Do you really want everybody in your community

Lender/SBA Liens In nearly every case, when you take out a loan or line of credit for your business, there will be a lien placed on the assets of your practice. This would include all your equipment, furniture, fixtures, and even goodwill. To sell your practice, any outstanding liens will need to be released so that a new lender can file a lien to encumber those assets, or so a cash purchaser has full and clear ownership of what they are buying. The process to clear liens can take considerable time. Some lenders will take weeks or months to generate a payoff letter (your monthly statement is insufficient for a closing) that can, and will, delay closing. With that in mind, you may propose simply paying off the note before closing. While logical, this is one of those options that can truly spiral a situation from manageable to unmanageable. Specifically, if the lender then does not file the proper paperwork to release the lien in a timely manner, everyone will wait until they do, and with documented evidence typically only available from a state agency — and we all know how much we enjoy waiting for the government to do anything we truly need done! If you have an SBA loan, it may be even more difficult as now it’s state and federal bureaus, not just one, and the SBA typically will only respond to emails, first come, first served, although you do not know where you are in line.

SBA Loan Requirements Speaking of the SBA, while there are some attractive products that can be very helpful in acquisitions, and noting they have evolved over the years, it’s important to know that if you have an SBA loan on your real estate, that it often will include a requirement for that facility to be “owner occupied”. Specifically, you cannot sell your practice, keep your facility, and lease it back to a tenant. You may be required to have your primary residence used as collateral for the loan (which further may supersede any local homestead exemption if you have one where you reside). While a 20- or 25-year loan product may sound nice, this requirement has complicated transactions in the past and required a significant decision from the owner as to how they would like to proceed. If you have utilized the SBA in the past, and your practice is now thriving, it may be worthwhile to reach out to them for a conversation so we can leverage our resources to look at refinancing options for you to re-establish flexibility for you in future transition decisions. Those are some examples of the common issues we see and there are significantly more complicated scenarios out here that can lead to a rabbit hole of transactional issues. Our professional team has been transacting practices with tenure and volume that is unmatched amongst other transitions firms. We invite you to join us in a webinar on March 13, 2024 to explore more potential pitfalls in transition and/or reach out to our local Henry Schein Dental Practice Transitions representative for a noobligation, complimentary consultation on your practice and what you want in transition. Proper planning is the ultimate detour for roadblocks, or slowdowns, on the road to transition and we have unrivaled tools, resources, expertise, and experience to guide you along the way.

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WHAT OUR CLIENTS ARE SAYING: It has now been approximately 2 months since I sold my practice. The help I had through the process was excellent beyond words and this was due to Chris Regnier. Chris is an absolute gentleman and is extremely adept at handling a dental practice being placed for sale. Within approximately 3½ months, Chris found a buyer, the right buyer and we closed on the sale. At no time did Chris pressure me to sell to a specific individual and in fact continued to remind me that if at any point I was not satisfied, we would find the right buyer. Chris was totally involved through all stages of the sale and was always available to discuss anything that came up. I cannot recommend him highly enough. He is honorable and truly takes a lot of the stress off a retiring dentist. He will always have my appreciation.

After 54 years at the chair, I decided it was time to sell my practice. I considered this to be a milestone happening in my life and thought that it would be quite an arduous ordeal. However, Denise Bouwhuis guided me smoothly and competently through the entire process. Denise is a very experienced, knowledgeable, and patient person. Denise has many other fine qualities and is a very pleasant person to work with. The things I feared would happen never did, thanks to Denise. Furthermore, Denise was there after the sale to help coach with final details. Check out Denise at Henry Schein Dental Practice Transitions. You will be glad you did. Dr. Earl Gaball – Seller Battle Creek, MI

Nicole was a pleasure to work with and greatly facilitated the completion of the sale of our practice. She was knowledgeable and organized and was there to answer our questions and guide us thru the process. I highly recommend using Nicole Lena and Henry Schein to sell you practice. Dale Rubinchik, D.D.S. – Seller Redwood City, CA

Robert Primeau was very good. Answered phone calls promptly. Explained questions quickly and clearly. On time for meetings. Dressed professionally. Spoke clearly and cheerfully. Knew the subject of Dentistry very well. Made calls to me to update progress. Recommended competent attorneys. Jeffrey Mahan, D.D.S. Sarasota, FL

Dr. Glen Applebaum – Seller New Rochelle, NY

READ MORE CLIENT TESTIMONIALS

DIVE IN & LEARN Register for an upcoming webinar!*

WATCH PRE-RECORDED WEBINARS YOU MAY HAVE MISSED

• 2/13: 2024 Dental Practice Valuation Trends and Insights

CLICK HERE

• 3/13: From Challenges to Success: Lessons in Transition Planning with Case Studies *If you cannot attend, register with your preferred email address to receive the recording after the live stream.

Webinars from Dental Practice Transitions are designed to provide tips, tools, and help you capitalize on the investments you’ve made throughout your dental career. Hear from a nationally recognized speaker, author, and consultant who has been advising dentists for more than 30 years, Senior Director of Transition Services, Thomas Snyder, DMD, MBA, for an update on practice values, dental market trends, considerations for successfully transitioning your practice, and more. HENR Y S CHEINDP T.C OM ● 866 -805-2 80 7

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CONGRATULATIONS

Sold Practice Announcements

Seller James Childress, DDS

sold to

Adriatik Rama, DDS

Eleanor Pulido, DMD

sold to

Peter Meyerhof, DDS

sold to

Julia Townsend, DDS

sold to

Roger Kit Lau, DDS

Los Gatos

CA

Sean Anderson, DDS

sold to

Anandika Aggarwal, DDS

San Ramon

CA

Stason Shishido, DDS

sold to

Shantia Kazemi Esfeh, DDS

San Jose

CA

Dale Rubinchik, DDS

sold to

Shahrdad Kazerani, DMD, MS

Redwood City

CA

Barry Kami, DDS

Davis

CA

Gagandeep Singh Kohli, DDS

Union City

CA

Ryan Garrett Hillstead, DMD

Sonoma

CA

Baljit Singh Dhillon, DDS

sold to

Daniel Guidera, DDS

sold to

Benjamin Joseph Koppel, DDS

John Herschleb, DDS

sold to

Soroush Ghaffarpour, DDS

Kusumo Sumardi, DDS

sold to

Azam Mohammed Aleemuddin, DDS, MPH

Jason Henderson, DMD

sold to

Stephen Shimp, DDS

Eric Cho, DDS

Payam Pourahmad-Haghighi, DDS

sold to

Maria Lorente, DDS Sean Lin, DDS

La Verne

CA

Kings Beach

CA CA

Peter Wooyoung Lim, DDS

Irvine

CA

Hesperia

CA

Nivin M Moheieldin, DDS Adriatik Rama, DDS

Nathan William Miller, DDS

sold to

Divya Reddy Peddireddy, DDS

sold to

Kevin Uyesugi, DDS

CA

CA

sold to

Teruo Yamamoto, DDS

Kentfield

Irvine

sold to

Darren Bogle, DDS

CA

Laguna Hills

Steven Dombrady, DDS Jeanie Kaufman, DDS

CA

Vista

Robert Lee, DMD

sold to

sold to

Oakland

sold to

William Leo Gardner, DDS

South Lake Tahoe

CA

Clovis

CA

Costa Mesa

CA

Divya Reddy Peddireddy, DDS

Costa Mesa

CA

Piyush Sisodia, DDS

Alameda

CA

Parker

CO

sold to

Robert Utberg, DMD

sold to

Bryce Richardson, DDS

Steven Eurich, DDS

sold to

Kyu Jung, DDS

Lafayette

CO

Benjamin Mollner, DDS

sold to

Mike Corson, DDS

Greenwood Village

CO

Britny C Massey, DDS

sold to

Gary N Moore, DDS

Leonides Sandoval, DDS

sold to

Colorado Springs

CO

Pranati Chokshi, DMD

Winter Garden

FL

Treasure Island

FL

Sarasota

FL

Judy K Rowland, DDS

sold to

Alexander Maldonado, DDS

Jeffrey L Mahan, DDS

sold to

Charles Elwell, III, DMD

Leoné Kotzé, DDS

sold to

Pat Almerico Jr, DDS Roy M Stark, DDS

Sarasota

FL

Brian Bernier, DDS

Plant City

FL

Delray Beach

FL

Orlando

FL

Orlando

FL

Christopher Sepe, DDS

sold to

Kenya Hoover, DDS, MS Sue Rolando, DMD

Jeonggyu An, DDS

sold to

Julio Sanchez, DDS

Nadine Ferbinteanu, BHSc, DDS

sold to

Jonathan Montoya, DDS

sold to sold to

Jamie Wymann, DDS

Sean Tomalty, DMD

sold to

Gary Michaelson, DMD John Tyson, DMD

Gregory Brandau, DDS

sold to

Orlando

FL

Ocala

FL

Danielle Guerrino, DMD

Stuart

FL

Milan Khakhria, DMD

Margate

FL

sold to

Bryan Berry, DDS

sold to

Jonathan Cook, DMD

Fort Lauderdale

FL

John Rudnik, DDS

sold to

Julian Ortiz, DMD

Fort Lauderdale

FL

Coral Springs

FL

Bradenton

FL

Stephanie Diaz, DMD

sold to

Nicole Freytes, DMD

Stephen Peirce, DDS

sold to

Jim Singletary, DMD and Brantley McCarty, DMD

Kevin W Walls, DDS

sold to

Praveen Gudipati, DMD

Duluth

GA

Kory Wilson, DDS

Kellogg

ID

Benjamin Luke Byrd, DDS

sold to

Steven G Kamps, DDS

sold to

Brandon Ziemann,

Algonquin

IL

Jeffrey A Stolarz, DDS

sold to

Anna Rivera, DMD

Whiting

IN

Ann M Bonness, DDS

sold to

Robin Singh Warainch, DDS

Camby

IN

Melanie M Beck, DDS

sold to

Bhavin Parbhu, DDS

Shawnee

KS

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CONGRATULATIONS James W Stech, DDS

Ryan White, DMD

Sold Practice Announcements Lexington

KY

William J Workman, DMD

sold to

Ryan White, DMD

Lexington

KY

Paul E Ganucheau, DDS

sold to

Marcus Corkern, DDS

Metairie

LA

Daniel J Ouellette, DDS

sold to

Ankur Oswal, DMD

sold to

Matthew P Pendergrass, DDS Harry M Lohmeyer, DDS Earl Gaball, DDS

Maneet K Gulati, DDS

sold to

John C Bacarella, DDS

Hamidreza Ghorbaniparvar, DMD

sold to

Adam Yazback, DDS

sold to

Khalid Sajjad, DDS

sold to

Alan F Robinson, DDS, MAGD

sold to

Richard S Butler, DDS

Dakota James Peachee, DMD

sold to

Michael Coulter Hattaway, DDS Andrew G Weisinger, DMD Steven A Puma, DDS

Harvey Harris,

sold to

Katerina Dembris, DDS

sold to

Scott Asnis, DDS

sold to

Jonathon S Bowden, DMD

Ramanpreet Saluja, DMD

Michael Anderson, BS

sold to

Worcester

MA

Germantown

MD

Ellicott City

MD

Monroe

MI

Battle Creek

MI

Clinton Township

MI

Wilmington

NC

Sanford

NC

Franklin Park

NJ

Fords

NJ

Flemington

NJ

Michael Vanaria, DMD

sold to

Danny Baker

Woodbury

NJ

William H Stiles, DMD

sold to

Michael Testa

Medford

NJ

Barbara L Wenicur, DDS

Nguyen Le, DMD

sold to

Lawrence A Lambroia, DDS

Avinash Thomas Cherian, DMD

sold to

Albuquerque

NM

East Meadow

NY

Glen M Applebaum, DDS

sold to

Arsh Ahuja, DDS

New Rochelle

NY

Michael J Barbieri, DDS

sold to

Luke Yang, DDS

Mamaroneck

NY

Jatinder Singh, DDS

Cicero

NY NY

David R Devito, DDS

sold to

David E Zipkowitz, DMD

Arshjot Ahuja, DDS

New York

Amir Sadighpour, DDS

Hewlett

NY

Ibrahim Sayeed, DDS

Kingston

NY

East Quogue

NY

sold to

Burt R Kreisman, DDS

sold to

Vincent D Gorman, DDS

sold to

John J Romano, DDS

sold to

Victoria Shack, DDS

James J Sconzo, DMD

sold to

Matthew Sciascia, DDS

Brooklyn

NY

Thomas C Volck, DDS

sold to

Rohit Reddy, DDS

Vandalia

OH

Richard D Sweaney, DDS John J Vallera, DDS

Siddhi Patel, DDS

sold to

Peter Petrides, DDS

sold to

Robert E Flint, DDS, MAGD

sold to

Gregory S Shanbour, DDS, MS Maryam A Chiani, DMD

Hannah Nichols, DDS

sold to

Abdessamad Benbajja, DDS

Amber Brancolini, DMD

sold to

Westerville

OH

Steubenville

OH

Tulsa

OK

Oklahoma City

OK

Pittsburgh

PA

Nicholas J Pournaras, DMD

sold to

Robert Guerriero, DDS

Columbia

SC

Gregory Paul Surratt, DDS

sold to

Sarah Zeh, DDS

Franklin

TN

Peter J Rashe, DDS

Mary Hanlon, DMD

sold to

Jason E Cunningham, DDS, FAGD Kinnari Prajapati, DDS

Ranilo Tuazon, DDS

sold to

Thomas Campagna, DMD Gaylen S Asay, DDS Robert D Pellerin, DDS

TN

Temple

TX

Missouri City

TX

Midland

TX UT

Brittany Wood, DDS

Virginia Beach

VA

Neolquidea G Mercedes Sanchez, DMD

sold to

Richard D Fischer, DDS

TN

Erwin

Bountiful

sold to

Tye A Thompson, DDS

Crossville

Vince Dilley, Business

sold to

sold to

Kenneth Stoner, DDS

Scot Armstrong, CEO

Todd Cruse,

sold to

Martin Youngs, DDS

sold to

sold to

Gyu “Peter” Hwang, DDS

Midlothian

VA

Annandale

VA

Scott Welling, DDS

sold to

Lance Richard Harris, DMD

Poulsbo

WA

Roger J Gollon, DDS

sold to

Shana Francois, DDS

Plover

WI

Kirk R Fishbaugh, DDS

sold to

Juan Munoz, DDS

Green Bay

WI

Richard S Cutler, DDS

sold to

Brandon Rinker, DDS

Cheyenne

WY

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PRACTICES FOR SALE ALABAMA Huntsville

4 Ops Thriving Practice w/ Strong Hyg

$726K

Jackson

Profitable practice near Mobile, AL

$1.2M

Mobile

10 Ops Great location RE avail

$736K

Mobile

3 +1 Ops Digital CEREC Great loc

$770K

Opp

5 Ops Digital office- Near Gulf Coast

$800K

Napa County

ARKANSAS Northwest Arkansas 4 Ops. Digital CEREC Schick 3 Ops No Insurance

$900K

Hillcrest

Chart Sale - 92103

$329K

Alameda

34 yrs. Goodwill

Sold

Anaheim

Charming 4 Ops Anaheim practice for Sale! $445K

Bakersfield

GP 4 Ops Great location

GP 7 Ops Digital GR $906K

$906K

North County San Diego 5 Ops

Sold

North County San Diego 5 Ops

Under Contract

Northern California

8 Ops 30 NP/mo 7 days Hyg

$930K

Oakland

6 +2 Ops RE for sale Dentrix Paperless

$784K

Oakland/Montclair

6 Ops General Practice

Sold

Placerville/Cameron Park/Rescue Area 4 Ops GP CEREC Conebeam

$600K

North West Arkansas 5 Ops Expandable to 7 Highly productive $920K Western Arkansas

HOW TO BUY A DENTAL PRACTICE: COMPLETE GUIDE

Porterville Red Bluff/Chico/ Gridley Area

CALIFORNIA

$745K

4 Ops

$945K

7 Ops high-end GP $1.2M 2022 Collections Under Contract

Red Bluff/Corning/ Orland Area 6 Ops GP; 8 days/wk Hyg;$825K GR

$826K

Redwood City

Prime Peninsula GP Practice!

Sold

$500K

CA Foothills and Greater Sonora Area 9 Ops high-end GP & RE

Rocklin/Roseville/ Auburn Area

Low Priced GP – hit $1.245M in 2022

$1.2M

$1.8M

Chula Vista

Medical Condo Real Estate with 6 Ops

$545K

Sacramento Highway 50 Corridor Rancho Cordova/Folsom/ Rescue Area 4 Ops $742K in 2022

$742K

Chula Vista

GP & RE for sale

$676K

Costa Mesa

South Coast 8 Ops

Sold

Sacramento Metro/Carmichael/ Fair Oaks Area 5 Ops GP with RE $1.187M 2022 Collections

$1.2M

Cupertino

GP Silicon Valley 3 Ops

$374K

Encinitas

GP Office in Encinitas 4 Ops

$323K

Greater Fresno Area 7 Ops 11 days Hyg WorkBack

Sold

Greater Lake Tahoe & Truckee Area 4 Ops Seller workback 5 yrs Greater Lake Tahoe Area Greater Lake Tahoe Area

$1.0M

4 Ops Strong Hyg w/ RE

$896K

6 Ops GP

Sold

Greater Modesto Area 5 Ops GP Great loc! Greater Modesto Area 7 Ops with Condo

$372K Uner Contract

Greater Pleasanton 4 Ops High traffic

$486K

Greater Vacaville Area

$449K

GP Must sell

Hesperia

Hesperia Bldg/Practice 5 Ops Digital

Huntington Beach

7 Ops Huntington Beach Leasehold for sale Ask: $210K

Irvine/Orange County

High Production Irvine Practice for Sale

Sold

Laguna Hills

Laguna Hills Boutique Practice for Sale!

Sold

Lake Tahoe Area with Lake Views

Lake Tahoe 4 Ops Digital Pano & $1.4M GR

La Mesa

GP Office La Mesa 4 Ops $1.8 in 2022

La Verne

Salinas

GP 4 Ops GR $618K Salinas CA

$618K

San Francisco

Premier Cosmetic Practice in SF!

$1.4M

San Jose

4 Ops 40 yrs Goodwill Practiceworks PMS Under Contract

San Jose

Opportunity! GP

San Jose

7 Ops

San Ramon

Rare TriValley General Cosmetic Practice

San Ramon

4 Ops Modern Turnkey

Santa Maria

4 Ops Digi X-ray Dentrix Great loc!

Under Contract Sold

$582K

Solano County Area 8 Ops GP Paperless

$1.6M

Sonoma County

GP 4 Ops 1600 sq ft. Digital

Sold

Sonoma County

GP 37 yrs 4 Ops North of SF

$722K

Sonoma County

GP 6 Ops

$1.0M

South Sacramento/ Elk Grove Area 5 Ops 5 days Hyg

$816K

South Sacramento/Elk Grove Area GP equipment $623K

Sold

Sold

Under Contract

4 Ops PPO-HMO Nice

South San Francisco

4 Ops 40 years Goodwill Open floorplan

Union City

3 Ops Turnkey

Vacaville

4 Ops 50+ Yrs. Goodwill

$488K

Sold

Watsonville

Beautiful Watsonville GP

$423K

$1.8M

West Hollywood

Great Loc! 6 Ops Digi X-ray Dentrix

La Verne GP Practice for Sale!

Sold

Los Angeles

3 Ops Great location CBCT

Los Angeles

Large LA Practice for Sale!

$905K

Marin County

$2M GR GP 4 Ops 8 Hyg North Bay CA

$2.0M

Marin County

5 Ops Digital Strong Hyg Opsen 42 Yrs

Sold

Marin County

GP 4 Ops GR 1.1M Marin County CA

$1.1M

$678K Sold

Santa Clara County –West Valley OMS

Under Contract $1.1M Sold

Central Valley Merced & Foothills Area 2 Location Ortho 7 Ops

$968K Continued on next page

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PRACTICES FOR SALE Greater Sacramento Metro Area

Ortho: 7 Ops

$927K

Greater Sacramento Metro Area

Pedo: 7 Ops Hi-end

$766K

Manhattan Beach

Perio

$300K

San Diego

Perio: 4 Ops

$1.3M

Tri-Valley

One of kind Periodontic Practice!Under Contract

Greater Sacramento Metro Area Prosth: 4 Ops Highly Desirable area

Coral Springs

4+1 Ops PPO/FFS prof plaza

Sold

Ft. Lauderdale

General/Restorative Goodwill Purchase

Sold

Ft. Lauderdale

6 Ops FFS Condo for sale

Sold

Ft. Pierce

5 Ops FFS/PPO Bldg for sale

$380K

Kissimmee

4 Ops PPO/FFS Digital X-ray/Pano

$600K

Longwood

4+2 Ops PPO/FFS C&B Dig X-ray/Pan RE avail

Under Contract

$1.4M

Longwood

5 Ops FFS Restorative Digi X-ray RE avail

Under Contract

Martin County

5 Ops PPO/FFS Restorative Condo for Sale

Sold

North Central

6 Ops FFS/PPO Room for growth RE also

$498K

North Florida

3+8 Ops FFS/PPO Dentrix Digital Laser $309K

North Florida

9 Ops FFS/PPO Cerec iTero 3D pan

Ocala Area

6 Ops FFS/PPO Dig X-ray Pan Scan Laser RE

Ocoee

4+2 Ops FFS/PPO Restorative Digital

Orlando

4 Ops FFS/PPO Restorative RE avail

$375K

Orlando

5+3 Ops FFS/PPO Paperless 3D Pan iTero

Sold

Orlando

6+1 Ops FFS/PPO Restorative/C&B RE avail

Sold

Orlando

6 Ops FFS Restorative/Aesthetic RE avail

Rancho Bernardo San Diego

4 Ops New technology 27 yrs Goodwill

$531K

Irvine

Brand new Leasehold for sale

Sold

Orange County

4 Ops RE only for sale

-

COLORADO Parker

6 Ops Digital All Spec Referred

Sold

Centennial

20 yrs Goodwill

$170K

Colorado Springs

10 Ops+RE Digital Scanner CBCT

Sold

Denver

Thriving dental practice central Denver Under Contract

Greenwood Village Luxurious practice with mountain views

GET MORE INFORMATION ON THESE LISTINGS

Sold

Highly Desirable Town in Boulder County 4 Ops Desirable town

$1.0M

Lafayette

6 Ops Growing suburb

Sold

Littleton

Thriving practice in Littleton

$1.4M

Wheat Ridge

Dental ready condo for sale!

-

CONNECTICUT

Under Contract Sold Under Contract

Sold

Orlando 5 Ops PPO/HMO/Medicare (Kids Only) Digital Palm Beach County Well-established beautifully maintained

$648K Sold

Palm Harbor

5 Ops FFS PPO Digi X-ray

$934K Under Contract Sold

Eastern Fairfield County 4 Ops Greater Danbury 5 Ops

$520K $730k

Litchfield Cty PPO & FFS

$730K

Greater Hartford

4 Ops

$1.5M

Panhandle/NW Florida 11 Ops FFS/PPO Cerec iTero Ceph/Pan RE Plant City 6 Ops FFS/ PPO Digi X-ray

Greater Hartford area 6 Ops Greater New Haven 3 Ops Digital X-ray Dentrix

$1.1M $525K

Pompano Beach

4 Ops PPO/FFS Restorative onlyUnder Contract

Sarasota

3 Ops FFS/ PPO Digi X-ray

Hartford area

$1.8M

Sarasota

3+1 Ops FFS Boutique Opportunity to GrowSold

Treasure Island

4 Ops FFS/PPO Digital

Vero Beach

3+1 Ops FFS/PPO Room to Grow

Winter Garden

6 Ops FFS/PPO 3D Pan CT Itero RE avail

Greater Orlando Margate

Pediatric: 6 Chair PPO/FFS Digital X-ray Under Contract Pedo/Ortho: 4 Ops equipped +6 Sold

Northwest Central Florida Broward County

Pediatric: 6 Ops Medicaid/FFS Dig Pan RE $890K Perio: FFS and PPO Under Contract

Ft. Lauderdale

5 Ops 1700 sf equipped office

Miami Beach

3 Ops Beautiful Digi Pan

Southern Fairfield County Southern Fairfield County Hartford County

13 Ops 5 Ops FFS 100% FFS Pedo: 3 Ops Desirable town

$650K Under Contract Under Contract

DELAWARE Delaware

Perio: 5 Ops FFS Highly trained staff

$1.4M

DISTRICT OF COLUMBIA Foggy Bottom

4 Ops Cerec RDH

$668K

FLORIDA Bradenton

7 Ops FFS/PPO Digital X-ray/Pan

Sold

Clearwater Clearwater

6+2 Ops FFS Digi X-ray Pan Laser RE avail 6 Ops Digi X-ray w/RE

$984K $748K

Sold Sold Under Contract Sold

Ask: $180K -

GEORGIA Duluth/Suwanee

4+2 Ops A+ location

Paulding County

10 +4 Ops Newer Build

Sold Under Contract Continued on next page

HENR Y S CHEINDP T.C OM ● 866 -805-2 80 7

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PRACTICES FOR SALE

GET MORE INFORMATION ON THESE LISTINGS

East Cobb

Ortho: 5 chairs Well-appointed

$400K

Clay County

Bldg & prac avail

North Fulton

Ortho: A+ location

$450K

Kansas City

Kansas City Office

Sold

$931K

North Central

6 Ops Latest tech Highly productive

$1.2M

SE Kansas

5 Ops clinic

$429K

South Central Kansas Southeast Kansas

5 Ops Tech office 5 Ops Digital Full procedures

$625K $500K

4 Ops I/O cam Pano Dexis

$770K

South Georgia

Pediatric: 4 Ops

HAWAII Honolulu

3 Ops

$836K

IDAHO Northern Idaho

Great price with high net profit near CD

Treasure Valley/ Greater Boise Area

3 Ops 120 sf Digi pan Dentrix

$300K

KENTUCKY

Sold

Ashland

$550K

ILLINOIS

Elizabethtown

10 Ops

$375K

Florence

Great location RE avail

$460K

Jessamine County

Lexington with Real Estate

$400K

Laurel County

4 Ops 2100 active patients

$600K

Lexington

3 Ops Digital X-ray Established

$430K

Meade County

Growing area Full team

$462K $467K

Chicago West Suburb

$175k in rev 3 Ops Lease space

$175K

Chicago

2 Location GP FFS/PPO Digital

$1.0M

Chicago W. Suburbs

$900K+ revenues upward trend with potential

Chicago W. Suburbs

FFS/PPO Practice Upside potential

$480K

Houma/Thibodaux

2 Drs 4 Ops

Chicago W. Suburbs

6 Ops Digital Conebeam Modern

$833K

Metairie

5 Ops Fully Digital

Chicago N. Suburbs

Large 19+ Ops Digital CBCT Dentrix

$1.6M

North Shore

6 Ops Fully Digital Cone Beam

$1.0M

West Bank

6 Ops 2100 sf

$540K

LOUISIANA

Under Contract

Chicago North Side of City

4 Ops $508k in rev RE avail

$508K

Chicago Northwest Suburbs

FFS GP 4 Ops Lease Space

$518K

Chicago Northwest Suburbs

2 +1 Ops Digital Dentrix 2D Pan

$324K

Chicago NW side

Chicago NW Side–High traffic location

$312K

Chicago NW Side

Modern Opsen layout

$375K

Chicago S-SW Suburb

Spacious modern 5+ Ops fully Digital

$510K

Chicago W. Suburbs

5 Ops Good location with room to grow

$310K

Chicago West Suburb

W Chicago Suburb 3 Ops Lease Space

$635K

Rockford

3 Ops 954k collections RE avail

Chicago N Suburb

OS: 3 +1 Ops Digital scanner Dentrix

MARYLAND

Under Contract $520K

Annapolis

4 Ops Digital X-ray

Baltimore County

6 Ops Dentrix PPO FFS

Eastern Shore

6 Ops Renovated RE avail

$1.1M

6 Ops 40+ yrs Goodwill

$574K

Glyndon

7 Ops ADEC Digital w/Associate

$1.5M

Howard County

9 Ops Dexis iTero I/O cams

Under Contract

Montgomery County 4 Ops 3 Equip Can expand

$561K

Montgomery County 4 Ops Digital Growth potential

$364K

Towson

4 +1 Ops Business & retail area Dentrix $409K

Baltimore County

9 +3 Ops Beautiful Solid reputation

$1.1M

Central Illinois

Ortho: 2 locations

$1.3M

MASSACHUSETTS

Chicago W. Suburbs

4 Ops Digital

$320K

Boston North Shore Essex County 4 Ops 5th plumbed

$966K

Chicago

Pedo/Ortho: 5 Ops Leased space

$500K

Northwest Indiana

3 Ops Leased space

$293K

Northwest Indiana

4 Ops 100% FFS Leased space

Sold

Vigo County

10+1 Ops Digital FFS/PPO

$2.0M

South Bend Area

Oral Surgery: 3 Ops RE avail

$572K

INDIANA

$787K Under Contract

Eastern Shore

Chicago West Suburbs OMS $1.1mil in rev 2 locations

Chicago North Suburbs Ortho: Leased space

Sold

$3.1M

$450K

Greater Worcester

4 Ops CRE for sale

Hampden County

3 Ops

$300K

Sold

Hampshire County

3 Ops

Under Contract

MICHIGAN

KANSAS

Lansing

55% OH Digital RE avail

$650K

Macomb County

General/Implant 10 Ops

Sold

Michigan

Digital High Gross and Net+RE

Midland

High net Digital

$825K

Mid Michigan

Turnkey 8 Ops Digital

$800K

Sold

Continued on next page HENR Y S CHEINDP T.C OM ● 866 -805-2 80 7

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PRACTICES FOR SALE

GET MORE INFORMATION ON THESE LISTINGS

Monroe County

Digital 4 Ops

Sold

Eastern Long Island

Northern Michigan

5 Ops Digital

$1.1M

Eastern Suffolk County 2 Ops

Sold

Northern Michigan

4 Ops Digi X-ray Pan Dentrix

$500K

Erie County

3 Ops Digital

$413K

Tri-City Area

Tri City: Beautiful area Digi Turnkey

$1.5M

Erie County

3 Ops +RE Digital Busy location

$326K

MISSISSIPPI Columbus

1400sf 3 Ops

$270K

MISSOURI Brookside/ Waldo in Kansas City

4 Ops Good tech

$1.0M

Independence/ Blue Springs

4 Ops Collecting 933K 58% overhead

$950K

Kansas City Mid-Missouri

4 Ops Newly renovated Adec Inspire 4800sf 8+2 Ops

Under Contract $1.1M

Southwest

6 Ops Digital 3D Cone Beam CAD/CAM $790K

St. Louis St. Louis

6 Ops Digital 3D Cone Beam RE avail 7 Ops Digital +Digi Pan

NEBRASKA Central Nebraska

4 Ops FFS Good Hyg Program

$471K

Colfax County

Established opportunity

$564K

Lincoln Area

4 Ops Digital Profitable Established

Under Contract

NEW JERSEY

$358K

Huntington Long Island 3 Ops 50% FFS/PPO Highly profitable

$572K

Jefferson County

4 Ops Digital primarily FFS turnkey

$730K

Jefferson County

7 +1 Ops Dentrix RE avail w/4 apt units

$837K

Kingston Manhattan

3 Ops Digital CEREC Pan Ceph Refers specialty Sold 2 Ops Upper East Side $409K

Nassau County

4 Ops FFS

Nassau County

100% FFS 4 Ops 1051 SF

Sold

Nassau County

4 Ops 60% PPO 40% FFS

$409K

New York City

7 Ops FFS/PPO

$1.8M

3 Ops 60% PPO 40% FFS

Sold

New York City Gramercy Park North shore Suffolk County

Under Contract $790K

Chart Sale 779 Active patients PPO/FFS

$1.4M

3 +1 Ops Dentrix Dexis Main road

$870K

NYC

3 +1 Ops Hi-Tech

$1.2M

Oneida County

Dig Dentrix Pano 46% FFS

$924K

Ontario County

Digital CBCT 7 Ops PPO/FFS

$1.4M

Orange County Rochester

4 Ops Digital Imaging Scanner Great team $847K 4 Ops 6.5 hyg/days Under Contract

Seneca County

3 Ops Digi 50% FFS Pano Bldg too

$653K

Bergen County

Upscale community Very low rent

$490K

Burlington/ Camden County area Camden County

Southern Erie County Southern Tier

3 Ops 8 Ops Digi FFS

$379K $1.8M

5 Ops Very profitable and rapidly growing

$1.0M $750K $350K

St. Lawrence County Staten Island

Digi 3D 5 Ops FFS Bldg for sale 5 Ops FFS/PPO Staten Island

$567K $624K

Steuben County

6 Ops Digital PPO FFS

Camden County

5 Ops Digital 2 days/wk

Hunterdon County

6 Ops Digital Rev $2m. R/E buy or lease

Sold

Middlesex County

4 Ops RE sale or lease

Sold

Morris County

4 Ops

$1.2M

Somerset County

5 Ops

Sold

NEW MEXICO Albuquerque

ABQ practice collecting over $1M

New Mexico

General Practice

Santa Fe

Boutique practice with 20 yrs Goodwill

Santa Fe

5 Ops Primescan DEXIS camera & sensors $1.1M

Southwest

Pedo: 8 +2 Ops High tech Adec cabinetry

Under Contract

Suburb of Syracuse 4 Ops EagleSoft Digi Great suburb

Sold

Under Contract

3 Locations Surrounding Syracuse Area

Tompkins County

4 Ops 70% FFS

$700K

Upstate

Digi 3 Ops Dentrix Bldg for sale

$358K

Upstate

Digital Refers specialty

Westchester

3 Ops

Westchester County

GP 6 Ops 55%FFS/45% PPO

Western New York

$800K $1.3M $575K

5 Ops GP +RE for sale

Under Contract

Western New York State 5 Ops GP for sale Westchester 4 Ops FFS

Under Contract

Sold

Under Contract

Western Nassau County General Practice

$330K

$608K

Syracuse

$839K $1.7M

NORTH CAROLINA

NEW YORK Albany County Bethlehem School District 4 Ops FFS Strong Hyg Digi Binghamton Area 4 Ops Dig iTero FFS/PPO

Under Contract $600K

Brooklyn

3 Ops 1400sf Pano X-ray Dentrix

Sold

Capital Region

6 Ops Digi Lease Refers specialty

$433K

Greensboro

4 Ops Digital Paperless Room to grow

NW of Winston Salem Wilmington

6 Ops Digital X-rays Lease required 5 Ops Fully Digital FFS/PPO

Under Contract $1.1M Sold

Wilmington

11 Ops RE for sale

$1.3M Continued on next page HENR Y S CHEINDP T.C OM ● 866 -805-2 80 7

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PRACTICES FOR SALE OHIO East End of Ohio

4 Ops Great location

Sold

Northeast Columbus Ohio Northern Dayton

4 Ops High tech RE avail 11 Ops 4 yr new equip CAD/CAM 3D CB

Sold Sold

Preble County

North Pittsburgh/ Butler Area

GET MORE INFORMATION ON THESE LISTINGS

Est Ped Practice & RE Avl. for Sale

$679K

SOUTH CAROLINA Charleston

4 +3 Ops Beautiful Digi X-ray Pano CBCT Under Contract

7 Ops 6 Equip +RE with 3D CBCT CEREC $1.4M

Richland County off of I-71

Columbia Charlotte Suburb

6 Ops Paperless FFS Digital Great Loc Endo: 3+2 Ops Sc Opses CBCT

7 Ops Well equipped RE

TENNESSEE

Shelby County

FFS 5 Ops Well equipped RE

$1.0M

Franklin

Great growth potential

Youngstown

4 Ops Paperless Well equipped

$990K

Franklin

5 Ops Great Opsportunity

West Cleveland

Ortho: 3 Ops Dig X-ray Pano Laser

$345K

East of Downtown Cleveland

Under Contract

Pediatric: Modern 8 Ops RE avail Under Contract

OKLAHOMA East OK/ NW Arkansas

3 Ops Expandable Digital

Tulsa/Metro Area

5 Ops CEREC Digital X-ray and 3D

Sold

Tulsa Area

4 to 5 Ops High Profits Good NP Flow

$1.1M

Tulsa Area

4 Ops in 1600sr Referred specialty

$224K

Tulsa

Pedo: 19 chairs Associate buy-in

$4.2M

Oklahoma City

Perio: 5 Ops RE For Sale Digital

$740K

Central Oregon Coast Eugene

4 Ops Dentrix Cerec Dexis IOS HOT 6 Ops High tech

$579K $1.1M

Willamette Valley

5 Ops new ADEC

Westside Portland

Ortho: 12 chairs 2900sf

$450K

GP practice for sale in Allegheny County $493K

Central PA 4 Ops. Rev$500k Strong hyg.

Montgomery County Beautifully designed PPO + FFS driven

$500K Ask: $500K $1.5M

Murrysville Westmoreland County 3 Ops+RE Digital Strong Hyg Prog $410K North Hampton 5+1 Ops Digital Conebeam New computers $632K Pittsburgh – South Hills Area

4 Ops + RE Digital Paperless Strong Net

Huge Growth Potential 3 Ops Established excellent Opsp

Savannah

6 Ops Resort Community Digital

$932K

South Nashville

5 Ops; A++ location

$340K

South Nashville

5 Ops

Tazewell

3 Ops Room to expand Eaglesoft RE avail $556K

$376K Sold

Sold

Amarillo Area

7 Ops 3D CBCT Paperless PPO/FFS

Austin

4 Ops Digital

Austin

6 +2 Ops Digital Dexis

$550K

Baytown/Houston

4 Ops Dentrix I/O cams

$487K

Beaumont/ Nederland

Denture Pract CBCT Digital

$900K

Central Texas

12 Ops Digital Dentrix

Houston/Upper Kirby Lubbock

$1.2M

PENNSYLVANIA

Central PA

Johnson City Middle Tennessee

Sold

$1.1M

Under Contract

$1.2M

Dallas Suburb Area 4 Ops CEREC CBCT Sensors Dentrix

Under Contract

Allegheny County – Route 28 Corridor 3 Ops Expandable Digital 3M Trios

$163K Under Contract

TEXAS

OREGON

Allegheny County

Under Contract $1.7M

$800K

5 Ops 6+1 Ops Digital i-Cat Digital

Under Contract $635K

Marshall/East Texas 7 Ops $170K EBITDA RE avail

$805K

Midland/Odessa

7 Ops CBCT 43 yrs Goodwill Low OH

Sold

Midland-Odessa

5+1 Ops CEREC Digital RE for Sale

$813K

San Antonio

9 Ops General/Ortho Digital

$673K

Sugarland

5 Ops Digital RE avail

The Woodlands

5 Ops RE Digital

Under Contract

West Central

18 Ops

Under Contract

Dallas Area

Pediatric: Successful Dallas area

$1.1M

West Texas

Perio: 6 Ops CBCT Great Location

$1.8M

Houston

Prosth: 3 +1 Ops Digital Dentrix

$1.1M

Temple

5 Ops EBITDA Digital Modern

Sold

Sold

Shadyside/Oakland Area of Pittsburgh Southwestern

4 Ops Restorative Practice Modern Design 5 +1 Ops Digital CBCT Kodak sensors

$300K $973K

UTAH

Westmoreland County

5 Ops Prime Location 2.5 days per wk

$900K

Bountiful

7 Ops Desired location Strg patient base

South Hills Area of Pittsburgh

Salt Lake City

Desirable SLC Location

$500K

2 location OMS practice–great area

$700K

Montgomery County

Fantastic bread and butter Pediatric pr

$750K

3 Ops Digital Strong Hyg Paperless

$600K

Sold

VERMONT Central Vermont

Continued on next page HENR Y S CHEINDP T.C OM ● 866 -805-2 80 7

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PRACTICES FOR SALE VIRGINIA

SEARCH BY PRACTICE SPECIALTY, STATE OR MILEAGE RANGE

WEST VIRGINIA

Beach Town Fairfax County Reston

5 Ops Beach Town assisted Hyg 5 Ops FFS Fairfax Co Large revenues Reston 5 Ops Dentrix Adec

$861K Sold $280K

Wheeling Area Beckley

WASHINGTON 5 Ops High tech Prime Cerec Under Contract Hot location 5 Ops Itero 4 days/wk $1.3M 7 +1 Ops Cerec Dentrix Beautiful $1.4M 5+1 Dentrix Ops 300 CT Room to expand $630K 4+1 Growing! $1.1M 2300sf 4 Ops High tech Sold 5 Ops 3 days/wk $1.6M 6 +1 Ops Beautiful Dentrix nitrous $1.5M Tri-Cities 6 Ops 4500sf Dentrix $540K

White Salmon Greater Seattle

Outdoor Enthusiasts Dream 3 Ops Dentrix Prostho: 3 Ops High tech

$463K $1.7M

Brown County

4 Ops 50/50 (FFS/PPO) Includes RE

Sold

Eau Claire County

3 Ops w/ RE Digital X-ray

$450K

Fox Cities– Outagamie County

8 Ops 3000sf Digi Pan Invisalign

$579K

Kenosha County Kenosha County

Adv. Digital Tech Cerec Integration 4 Ops 3 Ops Ascend Pano X-ray FFS

$858K $330K

Kenosha County

Exceptional practice+RE for sale

$800K

Portage County

Rare find: 7 Ops 900sf RE avail

Sold

Racine

40 yrs Goodwill 3 Ops PPO/FFS

$550K

Walworth County

4 Ops FFS + RE

$665K

Waukesha County

3 Ops 40 yrs Goodwill Affluent area

$350K

WISCONSIN

Richmond Metro Area North 6 Ops Growing New facility Profitable Under Contract Richmond Metro Area–South 8 Ops New facility Expansion Profitable Sold $1.1M South West of Richmond 4 Ops+RE Paperless Digital Cone Beam Springfield 7 +1 Ops CBCT 23 yrs Goodwill $895K Virginia Beach 4 Ops Condo for Sale Great loc Sold Everett Federal Way Kitsap County Olympia Puget Sound Puget Sound Spokane Tacoma Tri-Cities

4 Ops Digital Strong Hyg Referred specialty Pedo: 12 Ops Digital Paperless +RE

Winnebago County GP+RE 8 Ops Pano

$1.1M

IL/WI State Line

OS: 3 +1 Ops Digital scanner Dentrix

$520K

La Crosse County

Pedo 6 Ops Ortho tenant RE avail

$1.3M

Evanston

Evanston General Practice

$450K

Wyoming

7 Ops +RE Digital PlanMeca 3D Mill

WYOMING

$298 $1.8M

VT. N.H. MASS. CONN.

Denver

Reno

Indianapolis Bastian

N.J.

R.I.

Sold

Click on a state to view practice listings in that area! CLICK HERE TO SEARCH BY PRACTICE SPECIALTY, STATE, OR MILEAGE RANGE BASED ON THE ZIP CODE YOU PROVIDE.

Grapevine

ALASKA

HAWAII

HENR Y S CHEINDP T.C OM ● 866 -805-2 80 7

11


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