Green Sail is happy to announce another outstanding practice purchase opportunity!
LARGE GENERAL PRACTICE
$699,000 PLUS A/R
About the Practice:
This profitable, fee-for-service general practice is located in the beautiful Southern Oregon town of Ashland. Home of the famous Shakespeare Festival and a hub for outdoor activities (skiing, camping, hiking, etc.), Ashland is a small town with a lot to offer. The practice has been owned by the current doctor since 2013 and has been in its current location for 8 years. The 4 operatory practice collected over $900,000 in 2019 on 4.5 hygiene and 3.5 doctor days. The clinic utilizes Eagelsoft software, paperless charts, and has digital x-rays, a CAD/CAM, and newer, large, 17×17 CBCT that is perfect for airway, ortho, or implant treatment. The current owner refers out 3rds, most endo, ortho, some perio, all surgery, implants and surgical extractions. This is a great opportunity for a new doctor looking to take over a turnkey clinic with potential for growth. The seller wishes for a short transition period and is offering the practice for a discounted price.
About the Facility:
The clinic is 2,000 square feet and includes a waiting room, front desk/reception area, private office, staff lounge, lab, sterilization room, and 2 restrooms. The 4 operatories are equipped with Marus and Adec patient chairs, Pelton & Crane and Adec deliveries, as well as Pelton & Crane and Adec cabinetry. There is also an 11-spot parking lot that is shared with the neighboring business.
About the Numbers:
There are currently 2,853 active patients, with 84 new patients seen this year as of May 5th. The practice collected $912,873 in 2019, with an adjusted net income of $392,743. The buyer’s projected net income after debt servicing is approximately $301,156, at the current collection/expense levels.
- 2,000 square foot facility
- 4 operatories
- Front desk/reception
- Waiting room
- Private office
- Staff lounge
- Lab & steri
- Eaglesoft software
- Paperless charts
- Digital x-rays
- CAD/CAM and CBCT
- Collected over $900,000 in 2019
- 4.5 hygiene and 3.5 doctor days
- Approximately 2,853 active patients
- Buyer’s projected net income is approximately $301,156
- Refers out 3rds, most endo, ortho, some perio, all surgery, implants and surgical extractions