Green Sail is happy to announce another outstanding practice purchase opportunity!
About the Practice:
Available for purchase is this very well established and productive orthodontic practice in SW Washington. The practice is conveniently located with easy access for patients and has great signage. The practice has an excellent reputation and perfect google reviews. Treatment fees are strong and income is over 95% cash pay. The practice has been operated at less than full capacity, so there is plenty of opportunity for growth through additional marketing and expansion into additional insurance acceptance, if desired.
The practice owner is transitioning into retirement and may be willing to work a limited schedule after the new owner takes over.
About the Facility:
The large and beautiful clinic is over 3,000 square feet and is housed in an up-to-date professional building with modern appeal and unlimited parking. The custom designed space is bright and current, with plenty of windows with views. There are several referral sources nearby. The practice uses OrthoTrac software and is fully digital including a pan/ceph.
About the Numbers:
There are currently 384 patients in treatment with 334 of those in full braces. In 2022, there were 125 new starts on 281 new patient exams and production was $1,105,657. Current unbilled contracts are $671,327. The projected buyer’s net income after debt service at current interest rates is $425,427.