Green Sail is happy to announce another outstanding practice purchase opportunity!
$678,000 + A/R
About the Practice:
Available for purchase is this general practice located in Arlington, WA. The 1,500 square foot facility has 5 equipped operatories, plus one potential op, uses Dentrix Software and utilizes pre-booking for recall. The practice is currently a preferred provider for Delta, Guardian, MetLife, Aetna, United Health Care, Premera, Regence, Cigna, and United Concordia. It does not cover welfare or capitation patients. In addition to the selling doctor, the clinic employs 5 staff members and one associate dentist. Employees receive medical and dental benefits, vacation and sick pay.
About the Facility:
The 1,500 square foot clinic is located in a highly visible, well-traveled area off a main exit of I-5. The facility includes a private doctor’s office, lab, sterilization area, staff lounge, and panolipse. The current monthly base lease rate is $5,073.53 per month.
About the Numbers:
Collections in 2017 were $931,098 on 4 hygiene and 4 doctor days per week. The adjusted net income for 2017 was $285,630 and the three year average is $290,000. The buyer’s expected net income after debt payments is $193,000 at the current production level.
- 1,500 Square feet
- 5 Operatories plus one potential op
- Dentrix software
- Sterilization area
- Private doctor’s office
- Staff lounge
- Current lease $5,073.53/ mo.
- 931,098 Collections 2017
- $285,630 Avg. Net Income 2017
- $290,000 3-Year Avg. Net Income
- $190,000 Buyer’s projected net income
Please contact us if you, or anyone you know, would like to discuss this opportunity or schedule a time to see the facility and all it has to offer.