If you are a dentist that has 20% or more of your revenue attributable to implants, and over $1.5M in revenue you have one of the most valuable practices in America today. This was not the case, a year ago…
Looking Back
20 years ago, when the consolidation of the dental industry was in its infancy, almost all the investors were focused on buying general practices. They were plentiful, in great locations, and each year many new dentists graduated from school to join these practices as Associates. Additionally, GP practices had recurring revenue through their hygiene department. Hygiene regularly represented 20%+ of revenue. It helped de-risk the cashflows and the dependency on the dentists.