Aspen Dental NNN Properties For Sale
Are you looking to buy or sell a Aspen Dental Ground Lease Property, NNN Lease Aspen Dental Property, Aspen Dental for 1031 Exchange for passive investment? If you would like to buy or sell Net Lease Aspen Dental Properties, please feel free to send us an email to info@nnndeals.com and we will get back to you quickly.
Type | Subsidiary |
---|---|
Industry | Corporate dentistry Dental support organization |
Founded | 1994; 29 years ago (1994) |
Founder | Robert Fontana CEO |
Headquarters | Chicago, Illinois, U.S. |
Area served | United States |
Services | Manages branded Dental practices |
Website | www |
Aspen Dental – Spreading smiles and Satisfaction all across the United States
Aspen Dental is a corporation offering “complete dental care solutions” based in the United States. Based in DeWitt, New York, United States it is one of the most trusted providers of general and cosmetic dentistry and denture care for families and seniors in the US.
Current status
Aspen Dental operates as a Private company. With over 560 full-service in over 36 state facilities in the widespread Aspen Dental marque is providing America a healthy mouth. The company is owned by Leonard Green & Partners, a private equity firm. Aspen mainly targets individuals who do not have an established dental routine or regular dental services. Robert Fontana, founder and CEO of Aspen, described that Aspen’s locations and marketing are aimed at providing services to individuals who are middle-aged and possibly struggling to afford their day-to-day expenses, or someone who sees dental work as “discretionary” and therefore may have an emergency dental issue arise. Collectively, Aspen Dental practices can see between 15,000 and 20,000 patients a day. Each of the 36 states offices is staffed for general dental care. The company earned net revenues of around $538 million in the fiscal year 2014.
Aspen Dental was established in 1964, and the Aspen Dental Management, Inc. (ADMI), was founded in 1998 by Robert Fontana. It is the Dental Support Organization that supports the Aspen Dental brand. The company was initially headquartered in Salina, New York but in 2006 moved to a new headquarters near Syracuse in DeWitt. In 1998, there were 13 offices Aspen Dental offices. Within five years of ADMI’s establishment, there were more than fifty Aspen Dental offices. By April 2007 there were 106 branded practices in Arizona, Connecticut, Indiana, Maine, Massachusetts, New Hampshire, New York, Ohio, Pennsylvania, and Rhode Island. In 2010, Ares Management sold Aspen Dental for about $500 million to Leonard Green & Partners.
Future Plans –
- Training Center at the headquarters for both Aspen Dental employees and other firms’ training events.
- Move to a new downtown facility in Syracuse in 2017.
- Addition of 400 employees by 2020.
- More choices and better access to quality care to patients on their own terms.
- Addition of a new supported office every five or six days over the next several years.
- More dentists choosing to join Aspen Dental practices.
Mission and values of Aspen Dental –
Unlike the rest of the industry, they attempt to bring affordable, quality care to small towns to city suburbs communities that need it. They are active in big cities also. They want America to have a healthy mouth so that professionals get the career they want and patients get the care they deserve.
Commitment towards the environment –
From their office design to their equipment and operational procedures, they are committed to taking care of the environment.
- They use LED lighting, dry-vacuum systems, and clean compressors, which conserves energy while preserving natural resources.
- The use of digital radiography and amalgam separators eliminates mercury and other hazardous waste from our disposal process.
- Their central Practice Support Center is LEED certified.
Giving back to the society
The Aspen Dental has always been a people-oriented company and always shows the extent to which the people and employees are fond of it.
Investing in The Aspen Dental properties is a good idea, considering its growth trajectory. It is also indisputably one of the most favored places to work for, hiring the best-qualified people without any discrimination. Employment in Aspen Dental means crossing various criteria for employment entry and good scope for career growth.
The Aspen Dental has inherited a tradition of excellence from its founders, and it believes in enhancing the well-being of surrounding communities.