Columbia River Gorge General Practice

Columbia River Gorge General Practice

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

Where?

COLUMBIA RIVER GORGE

What?

LARGE GENERAL PRACTICE

How Much?

$763,891 + A/R 

About the Practice:

Located in the scenic Columbia River Gorge, this wonderful general practice has been in the current location for 56 years, and owned by the current doctor since 1996. This highly visible clinic has 4 fully equipped operatories, with 2 additional plumbed. 2019 collections are on target to hit $913,371 on 5 hygiene and 4 doctor days. The practice utilizes Dentrix software and charts, and x-rays are digital. There are approximately 1,400 active patients.

The clinic is a one-level facility with 1,766 square feet. It is located on a corner with great street presence, is walkable to restaurants and cafes, and has 9 private parking spaces. There is a private doctor’s office, consultation/business area, an inviting reception area, 4 equipped operatories (2 more plumbed), lab, sterilization and staff lounge. The building is owned by the seller, who will be offering an attractive lease and right of first refusal to the new practice owner.

About the Numbers:

There are currently about 1,400 active patients, with an average of 15 new patients per month. The practice does minimal marketing, which presents opportunity for the future owner. Collections in 2018 were $894,793 on 5 Hygiene and 4 Doctor days and the adjusted net income was $403,422. The 3-year average collections are $849,103. The buyer’s expected net income after debt payments is $307,046 at the current production level.

Practice Details:

  • 1,766 Square foot facility
  • 4 Operatories (2 more plumbed)
  • Dentrix software
  • Digital X-rays
  • Lab, Sterilization
  • Private office
  • Business office/Consultation
  • Reception
  • Private parking lot with 9 spaces
  • 2 Restrooms
  • Staff lounge
  • $894,793 Collections 2018
  • Approx 1,400 Active patients
  • Average 15 new patients/mo.
  • $327,745 Buyer’s projected net income

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.