Earlier this year, Andrew Schwartz CPA and Ben Larkin ESQ joined together to open Optimal Practice Transitions LLC (https://www.optimalpracticetransitions.com/), a brokerage for dental practices and other professional practices. Together they have more than 40 years of experience working with dentists, physicians, and other healthcare professionals – Andrew as an accountant and Ben as a lawyer and broker.
Andrew and Ben set up OPT to be committed to providing data driven decisions to deliver optimal results. There are currently 10 dental practice opportunities in New England listed on their website, including:
#1: North Shore Mass – Main Street Dental Office
The dental practice facility is comprised of the ground floor of a converted residence located directly adjacent to the traffic circle in the center of town. The space includes approximately 1250 sf. The practice features 3 treatment rooms, patient waiting area, administrative space, private dentist office, small lab and sterilization area. There are 2 parking spaces included with the lease, and there is ample, free, street parking available. The practice utilizes Carestream Dental practice management software. All computers and system are relatively new. There is digital x-ray. All three treatment rooms are fully equipped. Office is open 4 days per week: Monday, Wednesday, Thursday, and Friday. Production for October 2020 – March 2021 is about $407,000, which signals that the practice is nicely recovering post-COVID.
#2: Affluent Town in MA Starter or Satellite – Practice and Real Estate
This smaller, satellite practice is located in a dental office condominium in the downtown of an affluent town north of Boston and right off of 95. This practice can be either a great starter practice or continue to be a nice satellite location. There are 3 treatment rooms, private dentist office, and sterilization area. The condo unit is available for purchase. Average collections are about $235,000.