In this episode, I walk you through a real case study comparing two practices that looked identical on paper, but had wildly different income potential once we dug into the numbers. Weโll look at: Active patient count, Revenue per patient, Procedure mix, Overhead breakdown, Rent traps and payroll pitfalls. If you're a dentist thinking about buying a practice, this is a must-watch before you make an offer.
๐ Download the Free Practice Evaluation Checklist: https://practiceown.com/pdf
๐ Check out my book "Buying Freedom" for a deeper dive into the process: https://amzn.com/dp/B0DGGC7WG8
๐ Email me at: [email protected]
๐ Website: https://www.practiceown.com
00:00 Choosing the Right Practice
00:49 Practice Overview & Metrics
01:47 Net Income Comparison
03:17 Before You Buy
04:42 Patient Recall & Production
06:07 Active Patient Count
07:38 What You're Really Buying
09:26 Fillings, Crowns & Growth
12:30 Implants, Dentures & Opportunity
13:24 Preventative Care Indicators
15:16 Projected Income Differences
15:51 Payroll, Rent & Loan
20:28 Calculating Net Income
26:25 Seller Revenue per Patient
27:46 Make the Right Choice