Setting up a new dental practice from scratch can be very difficult. First, an excellent site must be selected. Then, if a building doesn’t already exist, one will need to be built. This will require vetting many building contractors if you don’t already have one in mind. Once the structure is up, it’ll be time to outfit it. For a dentist’s office, the outfitting can cost as much or more than the building itself thanks to the cost of new equipment.
When you finally get the physical aspects done, you’re sure to be proud of your new office. There’s just one problem: There won’t be any patients! Mortgage bills, equipment loan payments, and other expenses will be rolling in without even a single soul present to offset the costs – and now, you’ll have to pay for a big grand opening campaign in order to change that. Isn’t there a better way?
Fortunately, there is indeed a better way to get your own dentist’s office. You can find a dental practice for sale in Arizona through a broker like Western Practice Sales. The offices for sale are all set up and ready to go – and, many come complete with clientele. These offices are often being sold because their original dentist has decided to retire. Others are for sale because their owners want to move too far away to service the current office.
When you buy an existing office, the need to find a site and have a structure completed is eliminated. You’ll also have a starting clientele, so you won’t find yourself standing there alone. Some offices may even have staff still in place, so you’ll be able to hit the ground running with people who already know what they’re doing. Just train them in any procedural differences, and you’ll be set to go.
That’s not to say that you won’t have to do any advertising when you buy a dental practice for sale in Arizona. Every business does better with constant advertising at some level. You’ll also likely want to increase the number of patients coming to the office. Even so, it’s much easier to turn a running practice into a thriving one than it is to start from the ground up. All of the preliminary work will have been done for you.
