Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
GREATER VANCOUVER/PORTLAND METRO AREA
What?
ENDODONTIC PRACTICE & BUILDING
(BUILDING AVAILABLE THROUGH CITY & STATE REAL ESTATE – AJ VAN LEEUWEN)
How Much?
PRACTICE – $915,885
BUILDING – $1,505,000 (CONTACT AJ – (503) 333-5152)
About the Practice:
This highly-profitable Endodontic clinic has a prime location in the greater Portland/Vancouver metro area. It has been in its current location for 12 years and the current doctor has been practicing for 22 years. The practice has a strong referral-base and consists of 8 operatories (6 equipped and 2 plumbed) and is equipped with a new CBCT machine. In 2019, it collected over $1,000,000 on 4 doctor days. The practice utilizes Eaglesoft software and has paperless charts and digital x-rays. The majority of the equipment is 10 to 15 years old and is in good condition. The current doctor takes a significant amount of time off each year, offering extra growth opportunity for a doctor willing to work more days.
About the Facility:
The practice is located in a gorgeous, newer 3,143 square foot facility. The space is available for purchase through City & State Real Estate. Depending on the needs of the buyer, a portion of the space could be rented out to other providers. In addition to the 8 operatories, the clinic includes a sterilization room, staff lounge, consult room, private office with bathroom, business office, and laundry. There is also a large shared parking lot.
About the Numbers:
In 2019, the practice collected over $1,000,000 on 4 doctor days. During 2020, the clinic was closed from 3/12 to 5/19 and collected over $900,000 on 3 to 3.5 doctor days per week. The practice treated approximately 1,129 patients in the last 24 months. The buyer’s projected net income after debt payments, and assuming he/she leases the space, is $491,587 at the current production/expense level.
Practice Details:
- Eaglesoft software
- Paperless charts
- Digital x-rays
- 3,143 square foot commercial condo
- 8 operatories (6 equipped, 2 plumbed)
- Sterilization room
- Staff lounge
- Private office with bathroom
- Consult room
- Business office
- Over $1,000,000 collections in 2019 on 4 doctor days
- 1,129 patients in last 24 months
- $491,587 buyer’s projected net income