Cost Of Starting A Dental Practice

Before starting a dental practice, it is important to understand the clinical side of a dentistry as well as the business side. That includes how much it will cost to start your own practice and how you will handle a wide range of administrative tasks, such as accounting, marketing and recruiting. 

Average Cost of Opening a Dental Practice

The average cost of starting a dental practice is $350,000 to $550,000. The reason the range between these two numbers is so large is because the cost of opening a practice varies widely based on the practice's region and square footage.

Unsurprisingly, starting a large practice costs more than starting a small practice, as it requires more space, equipment and people to function. Similarly, opening a dental practice in a high cost region (like Manhattan, Chicago or Los Angeles) will cost you more than opening a practice in a low cost region.

Help Starting Your Dental Practice

Benevis is a practice services company dedicated to providing non-clinical business support to affiliated dental practices. Partnering with Benevis will allow you to buy in to an established dental practice that already has all of the business systems in place, allowing you to spend more time with patients and less time worrying about administrative tasks. The process for buying into a Benevis supported practice is straight forward and requires minimal upfront costs.

Additionally, Benevis will provide you and your team with:

  • Health benefits
  • Professional liability insurance
  • 401 (k) with a match
  • Paid time off
  • License reimbursement

Current Opportunities with Benevis

Benevis has several buying opportunities throughout the United States, including the following:

  • Practice ownership in Davison, MI — $225,000 + annual compensation
  • Practice ownership in Houston, TX — $250,000 + annual compensation
  • Practice ownership in Hot Springs, VA — $330,000 + annual compensation
  • Practice ownership in The Woodlands, TX — $225,000 + annual compensation
  • Pediatric Practice Ownership in Midland, TX — $150,000 - $220,000 + annual compensation

Check out the Benevis website for a complete list of current Benevis opportunities. Or, if you would like to learn more about Benevis' services and affiliates, feel free to contact us directly. We look forward to hearing from you!

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Source:

How To Open a Dental Office: http://howtoopenadentaloffice.com/dental-practice-start-up-costs/

Zac Rhinesmith

Zac Rhinesmith

770 710 3042 Email me

Zac joined Benevis as a Manager of Talent Acquisition in 2015. He works to identify dentists who would be interested in ownership opportunities at our affiliated practices across the United States. Zac enjoys really getting to know the dentists he works with so he can help them purchase a practice that perfectly suits their needs. Zac spends his free time with his wife and two dogs. When the weather gets warm, you can usually find him on the lake, at a Braves game, or playing golf.

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