Green Sail is happy to announce another outstanding practice purchase opportunity!
MID-SIZE GENERAL PRACTICE & BUILDING (FOR SALE BY OWNER)
$299,000 PRACTICE & $300,000 BUILDING
About the Practice:
This highly-profitable, 4-operatory general practice is located in a growing town in SW Washington and is a prime opportunity for a doctor looking for a primary office or a second office to grow. The current doctor has been working limited hours at this location, as he splits time at another office and has had to cut back on hours due to an illness in the family. On just 2 doctor days per week, the practice collected $431,000 in 2019. In 2020, despite a 9-week Covid closure and an injury to the doctor which limited the year to only 83 days worked, the practice still managed to collect $361,524. There is significant room for growth in this practice for a doctor who is able to provide a more aggressive schedule. The practice is equipped with Schick digital x-rays, Eaglesoft, paperless charts, and a newer Kodak 8000 panoramic x-ray.
About the Facility:
The practice is housed in a gorgeous, 1,700 square foot building with an extra 561 square foot basement and 548 square foot garage that could be used to expand the clinic. Recent updates have been made to the building, including new flooring, lighting, roof and heat pump. It is a spacious, mid-century style and includes an inviting reception area, 4 operatories, a business office, private doctor’s office with a bathroom, a staff lounge, laundry facilities, lab, sterilization room, and a full basement with additional laundry and bathroom. It also has its own parking lot with 8 spots, as well as plenty of free street parking in front. The building is available for purchase – for sale by owner (seller financing available).
About the Numbers:
On just 2 days per week, the current team collected $431,000 in 2019 and $490,000 the year prior. The decline was a result of fewer days worked. Hygiene was also performed just two days/week and consisted of 22% of production. There are currently approximately 900 active patients.
- 4 operatories
- Reception area
- Business and private offices
- Staff lounge
- Staff lounge
- 1,700 square foot building
- Garage and basement available for expansion
- $431,000 collections in 2019 on 2 doctor days
- $490,000 collections in 2018
- Approximately 900 active patients