Green Sail is happy to announce another outstanding practice purchase opportunity!
About the Practice:
This turn-key general practice has been in its current location in Vancouver, WA for 20 years. The 3,200 square foot clinic is well-organized, runs efficiently, and has high profitability. Collections in 2018 were $1,457,743. With 3,420 active patients and an average of 38 new patients per month, there is consistent new patient flow and a solid client base. There are 7 a-dec equipped operatories, and the equipment is in great condition. The practice uses Eaglesoft Software, and charts and x-rays are digital. Services referred out include 3rds, Perio Surgery, Implant Placement, Ortho, and some Endo. The selling dentist is willing to work back 1-2 days per week if the buyer desires.
About the Facility:
The 3,200 square foot facility is located in a highly visible area with optimal street presence. The interior is well maintained and has a great layout. The clinic houses 7 operatories, a private doctor’s office, an inviting reception area, a business office, consultation room, staff lounge, ample parking in shared lot, sterilization room, lab, Pano, and endo and surgical equipment. The office also offers nitrous in all 7 OPs.
About the Numbers:
There are currently 3,420 active patients, with an average of 38 new patients per month. Collections in 2018 were $1,457,743 (94.17%), with three year average collections at $1,474,670. 2018 adjusted net income was $510,083, with the three year average at $503,572. The buyer’s expected net income after debt payments is $350,273 at the current production level.
- 3,200 Square feet
- 7 Operatories
- Eaglesoft software
- Digital X-rays
- Lab and Sterilization
- Private doctor’s office
- Staff lounge
- Business Office
- Consultation Room
- Ample parking in lot
- $1,457,743 Collections 2018
- $1,474,670 3-Year Avg. Collections
- $510,083 Adj. Net Income 2018
- $503,572 3-Year Avg. Adj. Net Income
- $350,273 Buyer’s projected net income after debt payments
- Approx 3,420 Active patients
- 38 Average new patients per month