General Dental Practice in Washington - WEST-WASHINGTON-COUNTY-SMALL-MEDIUM-GENERAL-PRACTICE-FOR-SAIL

About the Practice:
This highly profitable general practice is located in beautiful Western Washington County. This is a great opportunity for a dentist who desires work/life balance, a second location, or to the ability to merge into their existing practice. The retiring doctor has owned and operated the 4-operatory practice for over 20 years. The practice is on track to collect $473,200 in 2023 on 3 doctor and hygiene days per week. It utilizes Eaglesoft practice software and digital x-rays. The practice has a plethora of opportunity for growth if desired, by adding procedures, days and marketing. The seller currently refers out implant placement, ortho, complex endo and OS, and some perio.
 
About the Facility:
The clinic is housed in a leased, approximately 1,300 square foot building in a professional complex. It is located on a major thoroughfare near residential, retail and businesses. In addition to the 4 operatories, the practice includes a reception area, front office, lab, sterilization area, staff lounge, 2 restrooms and ample shared parking.
 
About the Numbers:
There were approximately 1,717 patient visits in 2022, with an average of 8 new patients per month, with no active marketing. The collections are on track to be $473,200 on 3 doctor and hygiene days per week in 2023. The practice contracts with Moda/Delta and BCBS. The adjusted net income in 2022 was $248,375. The buyer’s net income after debt servicing is projected to be approximately $200,000 at the current production and expense levels.
 
Practice Details:

4 operatories
Reception area
Front office
Digital sensors
Lab & sterilization
Eaglesoft software
Collections on track for $473,000 in 2023
Refers out complex endo and OS, ortho and implant placement
3 doctor and hygiene days/week
Limited PPO contracts – Moda/Delta and BCBS
Adjusted net income $248,375 in 2022
Buyer’s projected net income is approximately $200,000 after debt services