Seller is very motivated and has reduced asking price to significantly below appraised value!
$480,000 PLUS A/R (Was $530,000)
Offered for “Sail” is a wonderful, 5 operatory, “mid-size” practice in Yreka, CA. Established practice with an excellent reputation, patient base and profitability with 41% adjusted net income on $822,083 of collections. This opportunity will be excellent for buyers who are looking for a turn-key opportunity in a location that offers an active outdoor lifestyle. Full of outdoor adventure, Yreka is located 22 miles south of the Oregon border, nestled in the northernmost corner of majestic Shasta Valley.
Recreational opportunities include: golfing, hunting, fishing, hiking, bicycling, white water rafting, gliding, backpacking, camping, water skiing, snow skiing and so much more.
This practice has been in the same location for 37 years. Voted “Best Dentist” and “Best Dental Office” in North Siskiyou by the Siskiyou Daily News for 2014, 2015, 2016 and 2017! It is a general/family practice and refers out most endo, most surgery, implant placements, ortho and perio. There are 5 ops in approximately 1,850 square feet.
The 3 year weighted average collections are $844,091. 2018 is on track for over $870,000. 2017 total production was $912,121 and hygiene production was $239,235 or 26.23% of total. There are generally 9 hygiene days and 4 doctor days each week. Adjusted net income for 2017 was $338,531.
The equipment list includes a Cerec AC Omnicam with MCX milling unit, digital sensors, a panorex, and an Ivoclar glazing oven. The office uses Eaglesoft software and the charts are paperless.
· Same location for 37 years
· 5 operatories
· 1,850 s.f.
· $844,091 3 year avg. collections
· $338,531 adjusted net income
· Eaglesoft software
· Many procedures referred out
· Paperless Charts
· Private Dr office
· Employee lounge
· 2 bathrooms
· Private parking lot
· Cerec Omnicam