Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
CENTRAL OREGON
What?
GENERAL PRACTICE
Asking Price?
$920,000 including A/R
About the Practice:
This large, general, fee-for-service practice is conveniently located in the heart of Bend’s Westside, near shopping, dining and recreation areas. The original practice was started in the late 1970’s, and owned by the current doctor since 2007. The current doctor has grown his client base to nearly 1,500 active patients, with little to no marketing. The practice operates in a shared facility with another dentist, who will remain in practice. The attractive, 3,500 square foot building has 7 fully equipped operatories and lots of private office space. The available practice collected $1,040,696 on 6 hygiene and 4 doctor days in 2018. The practice utilizes Eaglesoft software and charts and x-rays are digital. Wisdom teeth, difficult molar endo, perio surgery, implant placement and ortho are referred out.
About the Facility:
The 3,500 square foot shared clinic is beautifully maintained, with surrounding gardens and landscaping. There are 2 private doctor’s offices/consultation rooms, a large front desk and work area (with 2 work stations), comfortable reception area, 2 private business offices, 7 equipped operatories, a large staff lounge (with laundry and private bathroom), well-equipped lab and sterilization rooms, 3 restrooms and private parking with 20 spaces. There is ample space and storage throughout the facility. Lease payments for the building are estimated at $4,000/mo.
About the Numbers:
There are approximately 1,500 active patients, with an average of 11 new patients per month. There is tremendous opportunity for a new doctor willing to be active in the community and market via social media and google reviews. 2018 Collections were $1,040,696 on 6 Hygiene and 4 Doctor days, and the buyer’s projected net income after debt service was $306,808 at the current production level.
Practice Details:
- 3,500 Square feet (shared)
- 2 Doctor ops + 3 shared hygiene ops
- Eaglesoft software/latest version
- Digital X-rays
- Lab
- Sterilization
- Private doctor’s office
- Private business office
- Reception area with 2 stations
- Private parking with 20 spaces
- 3 Restrooms
- Staff lounge
- Storage throughout
- 2018 Collections $1,040,696
- Approx. 1,500 active patients
- Average 11 new patients/mo.
- $306,808 Buyer’s projected net income
- Asking Price: $920,000 including A/R
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.