Green Sail is happy to announce another outstanding practice purchase opportunity!
LARGE GENERAL PRACTICE
$999,629 PLUS A/R
About the Practice:
This is a great opportunity to purchase a practice with consistent profitability at or above 50%, as the seller is moving out of state. The 4 Op practice has been in its location for 10 years and has a strong hygiene department of over 35%. The 3 year average collections were $1,054,241 on 4 doctor and 6 hygiene days per week. The practice is paperless, utilizes Dentrix software, Dexis sensors, and a new 3D pano. Current doctor does minimal marketing and refers out molar endo, as well as difficult implants and extractions.
About the Facility:
The 1,500 square foot practice is located in a professional building, central to a main thoroughfare with its own separate entrance. In addition to the 4 operatories, there is a reception area, private office, A-dec sterilization center, lab, staff lounge, plenty of storage space and 3 restrooms. The space has an attractive lease and there is plenty of shared parking available, as well as street parking.
About the Numbers:
There are 1,260 active patients, with a strong hygiene department (over 35%) and an average of 7-8 new patients per month. In 2019, the practice collected $1,091,166 on 4 doctor and 6 hygiene days, and the 3 year average collections were $1,054,241. The adjusted net income for 2019 was over 50% at $546,229. Buyer’s projected net income after debt is $419,446 at current production level.
- 1,260 active patients
- 4 operatories
- 1,500 square feet
- 4 doctor, 6 hygiene days
- Refers out – difficult implants, molar endo, difficult oral surgery
- A-dec steri, lab and private office
- Dentrix software, digital x-rays,
- 3D Pano
- Average of 7-8 new patients/month
- 2019 collections $1,091,166
- 2019 adjusted net income $546,229