Green Sail is happy to announce another outstanding practice purchase opportunity!
CENTRAL OREGON COAST
LARGE GENERAL PRACTICE
$1,234,753 + A/R $132,675/ Building TBD
About the Practice:
Located in the Central Oregon Coast area, nestled between the Coastal Mountains and the Pacific Ocean, this highly-profitable practice has been in its current location for 36 years and owned by the current doctor for 19 years. The ideal candidate will have a couple of years of experience and thrive on CE. The current doctor has had extensive training and performs a fair amount of advanced procedures, including full mouth rehab, porcelain veneers, extractions, dental implant placements and more, and would love to provide mentorship to the joining dentist. The current doctor will be requiring surgery in the near future and needs the associate/partner to take the reins during a 4-6 month period, and then would like to return to work on a part-time basis. There is also opportunity to buy into the building. With 2,718 active patients, the practice has a loyal client base, wonderful staff, and consistent new patient flow. Last year’s collections were $1,460,470 on 9 – 10 hygiene days and 4 doctor days.
About the Facility:
The beautiful facility is a 6,600 square-foot stand alone building, with an inviting atmosphere and located just off a major thoroughfare. The current doctor utilizes approximately 2,750 square feet as his portion. There are two additional tenants: A separate dental practice, and a rental suite occupied by a medical professional. Additional rental income comes from another dental specialist who rents a couple days per month. The building houses a large daylight basement, which is shared with the other practice, and includes a huge staff lounge, lockers/changing room, mechanical room, laundry and storage. The sterilization space, CBCT, compressor and vaccum are also shared. These communal resources benefit both practices in offering shared expenses, call coverage, and overall business efficiencies. This practice has 5 fully equipped operatories (potential 6th) with floor to ceiling windows that face a beautiful garden setting. There is a private doctor’s office, consultation room, private reception area, check-in and front desk, large storage room, lab, and ample private parking. The clinic houses state-of-the-art technology and equipment, including 3D Cone Beam, microscope, air abrasion, endo and surgical equipment.
About the Numbers:
There are currently 2,718 active patients, with an average of 21 new patients per month. The practice does very little marketing, but shows consistent new patient flow each year. Per Dentrix, 4,966 patients were seen in 2018. Collections in 2018 were $1,460,470 (92%) on 9 – 10 hygiene days and 4 doctor days.
- 6,600 Sq.ft. building
- 2,750 Sq.ft. practice
- Shared daylight basement
- 5 Operatories (1 more potential)
- Dentrix software
- Digital X-rays
- Digital Pano + CBCT
- Private doctor’s office
- Consultation room
- Reception and children’s play area
- Large storage room
- Shared staff lounge
- Shared lockers and changing room
- Shared mechanical room and laundry
- Private parking
- 5 Restrooms
- $1,460,470 Collections 2018
- 2,718 Active patients
- Avg. 21 new patients/mo.
Please contact us if you, or anyone you know, would like to discuss this opportunity or schedule a time to see the facility and all it has to offer.