Green Sail is happy to announce another outstanding practice purchase opportunity!
GRANTS PASS, OR
About the Practice:
Amazing opportunity for an exceptionally profitable, high-quality general dental practice that is located in the scenic city of Grants Pass, OR. The city has a lot to offer including great food and drink, shopping, history, and plenty of outdoor activities. It is known for its excellent climate and also as Oregon’s whitewater rafting capital, with the Rogue River running right through town. The clinic has 4 operatories, each of which has a large window that provides nice lighting and pleasant views for patients. It collected $1,374,440 in 2021 on 4 doctor and 7-8 hygiene days per week. It utilizes Genesis practice software, has paper charts, digital x-rays, CEREC, 3D printing equipment, and a CBCT. The office currently does limited marketing and refers out most endo, perio surgery, wisdom teeth, and some implant placements. The current doctor is relocating out of state.
About the Facility:
The clinic is housed in a beautiful, 1,970 square foot leased space. In addition to the 4 operatories, the practice includes a reception area, front office, private doctor’s office, staff lounge, lab, sterilization room, CBCT nook, and 2 restrooms. There is a parking lot that is shared with the other tenants of the building.
About the Numbers:
There are approximately 1,700 active patients, with an average of 24 new patients per month. 64% of the patient base has insurance. The practice’s average collections over the last three years was $1,348,485. It is very profitable with its adjusted net income averaging $693,930 over the same timeframe (51% of collections), making it an excellent opportunity for a new owner. The buyer’s net income after debt servicing is projected to be over $500,000 at the current production and expense levels.
- 4 operatories
- 1,970 square foot leased space
- Reception area
- Front office
- Private doctor’s office
- Staff lounge
- Sterilization room
- CBCT nook
- 2 restrooms
- 1,700 active patients
- Average of 24 new patients/month
- 3-year average collections = $1,348,485
- Collected $1,374,440 in 2021
- 4 doctor & 7-8 hygiene days/week
- Average adj. net income = $693,930
- Genesis practice software
- Paper charts
- Digital x-rays
- 3D printing equipment
- Buyer’s projected net income = $500,000
- Refers out most endo, perio surgery, wisdom teeth, and some implant placements