Location can play a critical role in the success of your Dental office.
Whether you’re looking for high traffic retail, stand alone buildings on hard corners, or to be part of a multi-specialty medical office, there are critical aspects of the physical build out of spaces and the legal terms in your lease or purchase agreements to consider to ensure your real estate decision is an asset to your business.
Comparing locations, and finding the "best" one, is a complicated equation that must be considered individually for each Dental office and Dentist.
We believe so strongly in the effect location has on our Dental client's success that we maintain an in-house team of market researchers who research demographics and competition around every location we consider for our clients.
These teams research Dental practices every day. We know the nuance between a General and Cosmetic Dentist, and whether or not you’ll be competing with the Optometrist who also claims to be offering General Dentistry next door. We also know that just because there is competition near by an area can still hold tremendous potential due to projected increases or changes in patient populations.
Our team hand verifies surrounding competition, maps them out, and overlays that data on top of demographic information to provide you with a clear picture of the current and projected market your Dental practice will operate in.
What Does Your Dental Business Need From a Location? The answers are often dictated by your business plan and personal goals as a Dentist
Great question. The answer as to which is best often depends largely on your financial goals and outlook. It may also depend on the market(s) you are considering opening your Dental practice in.
We have helped our Dental clients lease space, purchase existing space, and develop custom space for their business and are happy to help you understand the pros and cons to each approach.
We can provide detailed economic projections and key points of risk for you to consider in both scenarios.