Seattle (Northgate Area)
More Information
A rare opportunity to acquire an established general dental practice in the Northgate/Seattle area with a loyal patient base, a strong hygiene program, an experienced team, and exciting potential for continued growth.The practice is situated within a well-established retail and medical center along a highly visible corridor with approximately 28,000 vehicles passing daily. The significant investment and redevelopment taking place in the location and surrounding area make this opportunity especially exciting.
Plans include up to 1,200 new residential units, 900,000 square feet of Class A office space, two hotels, a major medical pavilion, and additional dining and gathering spaces - bringing new residents, professionals, and activity to the Northgate area.
The surrounding demographics are equally attractive, with estimated average household incomes of approximately $149,000 to $192,000 within a 1–5 mile radius and a population of more than 450,000 within five miles.
For a new owner seeking an established practice with a solid foundation today and exciting possibilities for tomorrow, this is worth exploring. With continued growth happening all around the practice, there is plenty of potential for a new owner to build upon what is already in place and make the practice their own.
Highlights
Average annual collections: approximately $810,000
Estimated annual income before debt service: $242,000
4 fully equipped ops
Approximately 900 active patients over past 12 months
Practice currently operates 4 days per week
Strong hygiene and diagnostic program, representing approximately 59% of gross production
Open Dental practice software
Digital charts
Digital X-rays
Digital panoramic X-ray
Established team
Delta PPO is the only contracted insurance plan
Multiple procedures currently referred out, including orthodontics, endodontics, periodontics, oral surgery and pediatric dentistry
Facility Features:
Approximately 1,500 sq. ft.
Adjacent approximately 1,248 sq. ft. suite currently available for expansion
High-visibility Seattle/Northgate location
Dedicated sterilization room
Private doctor’s office
Staff lounge
Staff and patient restrooms
Security system
Ample patient and team parking
Current lease expires March 31, 2027
5-year lease extension with options
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