CLOSE-IN SE PORTLAND MID-LARGE General Practice For “SAIL”!

CLOSE-IN SE PORTLAND MID-LARGE General Practice For “SAIL”!

Green Sail is happy to announce another outstanding practice purchase opportunity!

Where?

CLOSE-IN SE PORTLAND

What?

GENERAL PRACTICE

How Much?

$650,000

About the Practice:

This ideally-located, turnkey general practice in SE Portland is a prime opportunity for a dentist to take over and grow. It has optimal street visibility on a major thoroughfare near other businesses, shopping, and residential areas. The practice has been owned by the current doctor since 1988 and has been in its current location since 1997. It utilizes Dentrix software and has a combination of paper and paperless charts. The practice is equipped with 5 operatories, Adec chairs, a panoramic x-ray, a Cerec Bluecam, WaveOne endo equipment, digital x-rays, and a new compressor and vacuum system. The owner of the practice is looking to sell because of health reasons. He has been minimizing the amount of treatments he performs for the last two years, which offers opportunity for a new doctor to come in and capitalize on the deferred restorative work. Suppressed collections in 2019 were $794,626 with 8 days of hygiene. Even with limited doctor production and full staff payroll 2019, adjusted net income was $254,694. Prior to the doctor’s illness and need to defer treatments, the office produced approximately 1.2 million. The doctor also traditionally refers out implant placements, some endo, wisdom teeth, ortho, and perio. The practice caters to a significant senior patient base which is largely fee for service. There is additional opportunity for growth through the implementation of marketing programs.

Practice Details:

  • Dentrix software
  • Paper & paperless charts
  • 5 Operatories
  • Adec chairs
  • Panoramic x-ray
  • Cerec Bluecam
  • New compressor and vac
  • 2,375 square feet
  • Lease: $6,800/month (NNN)
  • Optimal street visibility
  • Stand-alone building

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.