LONG BEACH, WA PRACTICE IN NEED OF LOCUM TENENS & NEW OWNERSHIP
We are sad to announce that this past week, Dr. Jason Tynkila, a practice owner in Long Beach, WA passed away unexpectedly.
This practice is the main dental provider in Long Beach and very integrated in the community.
Green Sail has been asked to help the family and team quickly find a successor for their practice. While the schedule has been cleared for this week, it is the family and team’s wish that the legacy of caring for their patients continue with as little interruption as possible.
We will be seeking locum tenens assistance beginning March 18th for 3 days per week while we search for a successor dentist/owner.
Please reach out to us right away if you or anyone you know might be interested in either scenario, and keep Dr. Tynkila’s family and team in your thoughts and prayers while we search for the right person to carry on his legacy of quality care in Long Beach.
Practice details are below – Thank you!
Where?
LONG BEACH, WA
What?
GENERAL PRACTICE AND BUILDING
Practice
PRICED FOR EXPEDITIOUS SALE AT $350,000 VALUED AT $584,153
Building
$500,000 (AVAILABLE THROUGH DOUG BEAN AND ASSOCIATES)
About the Practice:
This practice was owned by the previous dentist, who passed away this month, for over 20 years. It has been in its location since 1975, and has been the main dental provider in Long Beach and an integral part of the community. With the other dental practices in the region at or near capacity, the desire is to find a new owner to serve the community expeditiously, so it is priced accordingly. Collections in 2023 were $872,579 on 3 doctor and 3-4 hygiene days per week. There are over 2,000 active patients, and hygiene has averaged approximately 30% per year. The area has been in prime growth mode for over 5 years and continues to be a thriving area for business owners. There has been no marketing or advertising to speak of, and the practice refers out implant placements, ortho, endo, and difficult extractions. There is significant opportunity for a buyer to grow if desired, by adding days, procedures and marketing.
About the Facility:
The ~1,404 square foot clinic is housed in a single tenant building about a block off the main thoroughfare and near the beach. The building is also available for purchase through the seller’s real estate agent (see contact info below). There are 5 equipped operatories, with a 6th plumbed. The practice uses Dentrix software, Gendex sensors, a digital pano, and a commercial grade air purification system was added after Covid. There is a large reception area, private doctor’s office, business office, staff lounge, 2 restrooms, lab, sterilization area, and private parking in both the front and back of the building, as well as street parking.
About the numbers:
The practice has over 2,000 active patients (including seasonal) and average of about 8 new patients per month. Collections in 2023 were $872,579 on 3 doctor and 3-4 hygiene days per week. The adjusted net income has been consistently around 36%, and the buyer’s net income after debt servicing is projected to be over $270,000 annually.
About the Area:
Long Beach is located in the SE corner of Washington and across the bridge from Astoria, Oregon. Long Beach, as indicated by its name, boasts the world’s longest beach, with 45 kilometers of beachfront from the North Head Lighthouse. Among the many features of this beautiful area are its half mile boardwalk, The Discovery Trail, Cape Disappointment State Park, The World Kite Museum, Willapa Bay, the village of Oysterville, Willapa National Wildlife Refuge, Lewis and Clark National Historic Park, and Ocean Park to name a few. There is fishing, surfing, cranberries farms to visit, art galleries, clamming, and much more!
Practice Details:
- 5 operatories with 6th equipped
- ~1,404 square feet
- Reception/waiting room area
- Front office
- Private doctor’s office
- Business office
- Staff lounge
- Lab & Steri
- Dentrix practice software
- Paperless charts
- Digital x-rays
- Panoramic digital x-ray
- $872,579 collected in 2023
- 3 doctor days and 3-4 hygiene days/week
- Over 2,000 active patients
- Average of 8 new patients/month
- 3 year average adjusted net income of 36% over last 3 years
- Buyer’s net income after debt servicing projected to be $270,000
- Refers out implant placements, ortho, Endo and difficult extractions