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Syracuse (East of Downtown), NY - General Practice - Sale of Practice
672761
General Location: Syracuse (East of Downtown), NY
State: NY
Revenue: $1,040,290
Operatories: 4

REAL ESTATE FOR SALE

Active Patient Count: 2300
Type of Practice: General
Opportunity:
    Sale of Practice
Agent: Justin Baumann

Additional Information

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This is an excellent opportunity to acquire a long-established, newly renovated general dental practice located just east of downtown Syracuse, New York. The practice has served the surrounding community for decades and benefits from a strong reputation, experienced staff, consistent new-patient flow, and generations of loyal patient relationships. The practice currently generates approximately $1.04 million in annual collections, with a history of collections exceeding $1 million.

The practice operates from approximately 1,600 square feet with four equipped operatories and has been newly renovated, providing a welcoming clinical environment for both patients and staff. The office is computerized with digital radiography. An experienced team is already in place, including three hygienists, two receptionists, and a dental assistant. The practice provides comprehensive general dentistry, including diagnostic, preventive, restorative, endodontic, oral surgery, and cosmetic services. Orthodontics, third-molar extractions, and molar endodontics are currently referred out, providing additional opportunity for a buyer interested in retaining more procedures in-house.

Patient demand is a particularly attractive component of this opportunity. The practice reports approximately 50 to 55 new patients per month, approximately 40 doctor procedure patients per week, and a doctor schedule that is generally booked two to three weeks in advance. The established patient flow and hygiene program provide a strong foundation for a new owner while still leaving meaningful opportunities for continued growth.

Financially, the practice presents a compelling owner-operator opportunity. After normalizing owner-specific, discretionary, and non-recurring expenses, the valuation calculated adjusted EBITDA of approximately $108,590 after incorporating normalized owner-doctor compensation. Under the financing assumptions used in the valuation, projected Year 1 cash available before taxes after debt service is approximately $274,000, demonstrating attractive potential economics for an acquiring dentist.

There is significant opportunity for a new owner to build upon the practice's existing foundation. Increasing hygiene utilization, expanding marketing efforts, improving scheduling and clinical efficiency, and retaining additional specialty procedures in-house could provide meaningful upside. With more than $1 million in existing collections, strong new-patient flow, an established team, a newly renovated facility, and decades of goodwill, a buyer is acquiring a well-established operating practice with additional growth potential.

The practice is conveniently located just east of downtown Syracuse, providing easy access to the city as well as the surrounding Central New York communities. This established neighborhood location combines proximity to Syracuse's population and employment centers with the benefits of a community-based practice and long-standing local patient base. The real estate is seller-owned and may provide an additional acquisition opportunity, allowing a buyer the potential to control both the practice and its location.

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