Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
HILLSBORO, OR
What?
GENERAL PRACTICE
How Much?
$599,549 + A/R
About the Practice:
This well-established general practice is in the heart of Hillsboro, nicknamed the Silicon Forest for its many high-tech companies, including Intel, the city’s largest employer. The office has been owned by the current doctor since 1980, and is perfectly situated to be taken to the next level. The practice offers 5 fully equipped operatories, A-dec equipment, a newer CEREC digital scanner, Solea laser, endo equipment, a digital pano and newer ScanX. The software utilized is Eaglesoft. 2018 collections were $707,985 on 8 hygiene and 4 doctor days. There are approximately 2,686 active patients, and most specialty procedures are referred out.
About the Facility:
The well-appointed 2,200 square foot clinic is a stand-alone, single level facility that has been in the current location for 24 years. It is located in a busy section of town, on a major thoroughfare. It is just one block from Hillsboro Central MAX Station, walkable to restaurants and shops, and has ample private parking. There is a private doctor’s office, business office, an inviting reception area, 5 equipped operatories, lab, sterilization and a large staff lounge. The building is owned by the seller, who will be offering an attractive lease.
About the Numbers:
There are currently 2,686 active patients, with an average of 11 new patients per month. The practice does minimal specialty procedures and very little marketing, which presents great growth opportunity for the future owner. Collections in 2018 were $707,985 on 8 Hygiene and 4 Doctor days, and the adjusted net income was $224,884. The 3-year average collections are $677,597.
Practice Details:
- 2,200 Square foot facility
- 5 Operatories
- Solea laser
- Eaglesoft software
- Digital X-rays
- Lab, sterilization
- Private Office
- Business office
- Reception
- Private parking lot with 12 spaces
- 2 Restrooms
- Staff lounge
- $707,985 Collections 2018
- 2,686 Active patients
- Average 11 new patients/mo.
- Near Max Station and large employers such as Nike and intel