A recent dental graduate had an opportunity to purchase a large practice (over $1,000,000 of annual gross income) in his chosen area. The practice represented a once in a lifetime opportunity that would place him years ahead of all his classmates, in both practice size and income. The current owner wanted to change careers and would continue to practice two days a week for a few years while building a new and different business.
Ask a recent dental graduate for a description of the practice he or she would like to purchase, and you will hear, “I want a high-quality crown and bridge practice, in the best area of town, where I can do my kind of work on my type of patients.” For that matter, it would be amazing if a purchaser ever had a different response. Vanity is usually the reason he or she wants to purchase this kind of practice, but is it the best opportunity?
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Mili D. Patel, D.M.D. has acquired the practice of Dan S. Blackwelder, D.D.S.
- Tampa, FL
Ringo Leung, D.D.S. has acquired the practice of William F. Smutzer, D.D.S.
- Munster, IN
Jared S. Kenwood, D.D.S. has acquired the practice of Don E. Millner, D.D.S.
- Yardley, PA
Mark D. Lassiter Sr., D.D.S. and Jonathan C. Allen Jr., D.D.S. have acquired the practice of Robin D. Johnson, D.D.S.
- Monroe, NC
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