Opportunity type: Practice for sale
Date available from: March 1, 2020
Opportunity and position description:
Hello. My name is Mark Lyman. I am a 64 year old dentist in the village of Denmark, WI. I graduated from Marquette University School of Dentistry in 1981. Having been raised on a dairy farm in the Denmark area, upon graduation, I purchased an empty lot in the village, right next to the Denmark Public Schools, built a building, and started my dental practice from scratch. I have worked there every day since, for the past 39 years. My wife has been my full-time dental assistant for the past 25 years. We have built up a very nice practice, with approximately 4000 patients of record, of which approximately 1500 are active patients (meaning they have been seen within the past 18 months). It is a simple practice which I run out of only one operatory, although there is room for two more operatories. There is no computer in the office. Everything is on paper. It is a fee-for-service practice. We accept most dental insurance plans, but are a preferred provider for none. My wife and I love our practice, and our patients, but we are now at the ages where we would like to sell the practice, and retire. Our three children have been raised, we have made a good living, and we would like to do other things with our remaining years, while we still have our health. Denmark is a great community, in an ideal location. The village is located on I-43 at exit 171. It is twelve miles south of the city of Green Bay. Denmark was settled by the Danish, and it roots have been traditionally in agriculture. Although, things in the village are rapidly changing. The current economy in Denmark is booming! We just had a new Kwik Trip open up, the local meat processing plant, Salm Partners, is just finishing their brand new factory right on I-43, and the local cheese producers, Belgioioso Cheese Inc. is just beginning to build two new factories on I-43 at the exit just south of Denmark (Maribel). Also, there have been over 100 new homes built in the village within the past few years, with many more currently under construction! The Public School System here recently built a $15,000,000 gymnasium and theatre, and has an excellent music program. The city of Green Bay, which is only 15 minutes away, is growing out into Denmark. And of course, the city of Green Bay has everything you could desire. Shopping, 24-hr grocery stores, excellent health care, a symphony, the University, and the Green Bay Packers with their new and currently-under-construction entertainment district, with a new $93,000,000 exposition center. Also, we are located right under beautiful Door County. My wife and I will often zip down the interstate to Chicago for a day of recreation and shopping, and if we desire, can still be home that evening. If you can't already tell, I LOVE where I live! My desire is to sell the practice lock, stock and barrel. That is, to sell the land, the building with all equipment, and the patient records. We are not looking to "make a killing" on the sale of the practice. I have made my living by practicing dentistry for the past 39 years. In fact, the price I am asking for the practice, is below its value. The practice could most likely be paid for with one year's gross production. This is opportunity knocking. Also, keep in mind that interest rates are at an all time low. If you are a dentist who might be interested in buying this practice, you may contact me at my home phone number of 920-863-2324. I am usually at this number in the evening, on Wednesday afternoons, Friday afternoons, and on weekends. There is no answering machine at this number, so if no one answers, try again another time. Also, I can be contacted by email. My email address is: email@example.com Thank You.
Number of operatories:
Number of active patients:
Patients per month:
New patients per month:
Full-time or part-time: Full time
Hours per Week:
Dental health shortage area?: No
Contact email: firstname.lastname@example.org
Organization: Mark C. Lyman, D.D.S.
Contact name: Mark Lyman
Daytime phone: 920-863-2324