Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
VANCOUVER, WA
What?
GENERAL PRACTICE
How Much?
$681,210 PLUS A/R
About the Practice:
This wonderful practice has been in its highly-visible location in Vancouver, Washington for over 18 years. It has 4 fully-equipped operatories, with an additional that is not yet plumbed and used for overflow. The clinic is on track to collect $946,258 this year on 4 doctor and 5 hygiene days/week. Extrapolated collections last year were $879,156 (extrapolated for Covid closures). The practice utilizes Eaglesoft software, has hybrid charts (mostly paperless), digital x-rays, a CBCT, Cerec Primescan with a milling unit, Adec chairs, units and cabinetry, and sleep medicine equipment. The practice does limited marketing and refers out most endo, complex surgeries, ortho, and TMD. The current doctor is available to work back a couple of days per week if desired.
About the Facility:
The facility offers 2,160 square feet of leased space that is located in a busy area, with good street visibility and easy access. In addition to the 5 operatories, there is a welcoming waiting room/reception area, lab, sterilization room, staff lounge, as well as front, business, and private offices. There is a shared parking lot with ample space for patients.
About the Numbers:
There are currently 1,635 active patients, with an average of 18 new patients per month over the last year. Collections this year are on track to reach $946,258, with a buyers projected net income of $185,947 at current production and expense levels. The practice is approximately 75% insurance, 20% fee for service, and 5% Medicaid.
Practice Details:
- On track to collect over $946,258 this year
- 4 doctor and 5 hygiene days/week
- Buyer’s projected net income $185,947
- Extrapolated collections last year = $879,156
- Eaglesoft software
- Hybrid charts (mostly paperless)
- Digital x-rays, CBCT, Cerec Primescan with a milling unit
- Adec chairs, doctor/assistant units, and cabinetry
- 2,160 square feet
- 4 fully-equipped operatories
- 1 additional non-plumbed operatory
- Waiting room/reception area
- Lab, sterilization room
- Staff lounge
- 1,635 active patients
- 15-25 new patients per month
- 75% insurance, 20% fee for service, and 5% Medicaid
- Front, business, and private offices
- Refers out most endo, complex surgeries, ortho, and TMD.