Dental Practice in Long Beach, WA - LONG-BEACH-WA-PRACTICE-URGENTLY-SEEKS-LOCUM-TENENS-AND-SUCCESSOR-OWNER

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 near the beach. There are 5 equipped operatories, with a 6th plumbed. The practice uses Dentrix software, Gendex sensors, and a digital pano. A commercial grade air purification system was added after Covid as well. There is a large reception area, private doctor’s 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!
*Green Sail Transitions is not a licensed real estate brokerage and does not transact real estate.
 

 
Practice Details:

~1,404 Square foot clinic (est.)
Approximately 2,000 active patients
$872,579 collected in 2023
6 operatories (5 fully equipped)
Dentrix software
Digital X-rays
Pano
Large reception area
Private office
Paperless charts
Staff lounge
2 restrooms
Large lab and sterilization areas
Private parking lot
Most specialty referred out