Green Sail is happy to announce another outstanding practice purchase opportunity!
$642,016 PLUS A/R
About the Practice:
This turnkey, general dental practice is located in a growing neighborhood in Eugene, OR. The current doctor has owned the practice for over 20 years, and is well-established and regarded in the community. The 4-operatory clinic has been in its current location for over 13 years and is near a large, new development that has brought additional housing and opportunity to the area. In 2019, the practice collected $776,090 on 3.5 doctor and 6.5 hygiene days. The clinic utilizes Daisy software and digital x-rays with Sopix sensors. The practice does very little marketing and refers out endo, perio surgery, implant surgery, some restorative, and all extractions. In addition, the current doctor spends a significant amount of time away from the practice. This is a great growth opportunity for a new owner looking to increase marketing, incorporate more dentistry, and add more doctor days during the year.
About the Facility:
The beautifully-appointed clinic is 1,541 square feet and is leased by the current practice owners. It includes a welcoming reception/waiting area, private office, chart room/hygiene office, staff lounge, lab, sterilization room, and 1 restroom. All of the equipment is in great condition, with much of it being purchased within the last couple of years. There are Adec cabinets in each operatory, and an electric handpiece with endo functions. There is also a large parking lot that is shared with the other neighboring businesses.
About the Numbers:
There are currently approximately 1,252 active patients with an average of 15 new patients per month. The practice is 75% insurance and 25% fee for service. In 2019, the clinic collected $776,090 on 3.5 doctor and 6.5 hygiene days, with an adjusted net income of $319,237. At the current production and expense levels, the buyer’s expected net income after debt payments is $235,143.
- Collected $776,090 in 2019
- 3.5 doctor and 6.5 hygiene days
- 1,252 active patients
- 15 new patients per month
- 75% insurance and 25% fee for service
- Buyer’s expected net income $235,143
- Daisy software
- Digital x-rays (Sopix sensors)
- Paper charts (ready for conversion)
- 1,541 square feet
- Welcoming reception/waiting area
- Private & chart room/hygiene office
- Staff lounge
- Refers out endo, perio surgery, implant surgery, some restorative, all extractions