VANCOUVER, WA – LARGE GENERAL PRACTICE FOR “SAIL”!
General
practice
Where?
VANCOUVER, WA
What?
GENERAL PRACTICE
How Much?
$699,500 + 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 were $1,012,941 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:
The clinic is housed in a 1,534 square-foot leased professional building complex with an attractive lease. There have been several tenant improvements, including new flooring and granite countertops. In addition to the 4 operatories (3 with updated A-dec chairs), the practice includes a reception area, front office, staff lounge, private doctor’s office, sterilization area, lab, and private parking. The surrounding area offers retail, residences and other businesses.
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 in 2022 were $1,106,047 on 4 doctor and 8 hygiene days per week. The buyer’s net income after debt servicing is projected to be approximately $199,672.
Practice Details:
4 operatories
Reception area
Private office
Staff lounge
Sterilization
Dentrix software
Digital sensors
Digital Pano
2022 collections – $1,012,941
4 doctor and 8 hygiene days/week
Accepts most PPO’s with less than 10% DSHS (Pedo only)
Buyer’s projected net income = $199,672 after debt services
Refers out some perio, endo re-treats, difficult implants, ortho, and pedo sedation