I live in South Florida. I feel like there are more nursing homes and over 55 communities then "normal" communities. My 93 year old grandfather is in an assisted living facility and they bring the dentist to them. My grandfather had a dental emergency several months ago on a Sunday. He paid $300 out of pocket for a service that would have cost 40% less had he been able to hold out another day and go to his regular dentist.
I think this business is a cash cow. I trust in SB.
My only question is: SB states he wants a buyout in 1-2 years time. Will it be more difficult to find a buyer with the dental thing? I'm sure SB knows what he's doing. Just wondering. Perhaps a big holding company buys us out? Maybe he sells off each division separately?
There are a ton of them. My wife and I volunteer in a couple. What is see is the focus on the elderly's care if very much on the rise. Not just nursing and rehab but the assisted living sector is growing in my area by leaps! Assigned or even in house Dentistry is on the rise. This could actually be HUUUGE!!
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