Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
VANCOUVER, WA
What?
GENERAL PRACTICE
How Much?
$775,942 + A/R
About the Practice:
This well-established practice has been owned by the current dentist in its current location for over 17 years. It is located off of a major arterial in East Vancouver, in a desirable area with easy access to major highways. The practice utilizes Dentrix practice software, paper charts, digital x-rays, and is equipped with 4 operatories with A-dec chairs and units and a digital Pano. Collections in 2022 are on track to reach $1,061,956 on 4 doctor and 8 hygiene days per week. The seller, who is retiring, refers out some perio, endo retreats, difficult implants, ortho, and pedo sedation.
About the Facility:
About the Numbers:
There are approximately 1,892 active patients seen in the last 24 months, with an average of 23 new patients per month. The practice is approximately 70% PPO, 20% FFS, and less than 10% DSHS (Pedo only). Collections were just over $1,000,000 in 2021 and on track for $1,061,956 in 2022, on 4 doctor and 8 hygiene days per week. The adjusted net income has been consistently over $300,000. The buyer’s net income after debt servicing is projected to be approximately $228,755 at the current production and expense levels.
Practice Details:
- 4 operatories
- Reception area
- Private office
- Staff lounge
- Sterilization
- Dentrix software
- Digital sensors
- Digital Pano
- 2022 collections on track for $1,061,956
- 4 doctor and 8 hygiene days/week
- Accepts most PPO’s with less than 10% DSHS (Pedo only)
- Buyer’s projected net income = $228,755 after debt services
- Refers out some perio, endo re-treats, difficult implants, ortho, and pedo sedation