Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
KLAMATH FALLS, OR
What?
GENERAL PRACTICE
(Building also available for purchase through owner’s realtor)
How Much?
NEW PRICE! $450,000 PLUS A/R
About the Practice:
This beautiful, well-established general practice is located in Klamath Falls, Oregon. The current dentist has owned the practice since 2003 and it has been in the current location for 18 years. This has traditionally been a combination PPO/FFS and OHP practice. OHP has been eliminated as of March 2021 and the asking price has been adjusted accordingly. The practice is on track to collect over $1,400,000 this year, of which approximately $1,000,000 is PPO/FFS. Currently, the doctor is working 4 days each week, and there are 4-6 hygiene days with hygiene running 30% of gross production.
There are 8 fully-equipped operatories in the 2,700 s.f. facility with plenty of room to expand up to 4,000 s.f. There are 8 staff members, plus paperless charting, Open Dental software, 4 digital sensors, a CBCT, Digital Pano, and the equipment is all 2 to 5 years new.
About the Facility:
The facility is located in an attractive strip mall that the practice owner also owns. It is also available for purchase, if desired, through the seller’s real estate agent. In addition to the 8 operatories, there is a welcoming waiting room/reception with a play area plus a second reception, 2 private offices, a consult/conference room, a lab, a new Stericenter, a large staff lounge, 3 restrooms, an elevator, ample storage and plentiful parking.
About the Numbers:
There are approximately 700 active PPO/FFS patients, with an average of 12 new patients per month. Collections this year are on track to reach approximately $1,440,000 with $1,000,000 of that being PPO/FFS. At the asking price of just $750,000 (75% of just the PPO/FFS collections), the buyer’s projected net income after debt service is estimated to be $372,771 at current production and expense levels.
*Green Sail is not a real estate brokerage and does not conduct real estate transactions.
Practice Details:
- On track to collect over $1,000,000 PPO/FFS in 2021
- 8 operatories
- 4 doctor and 4-6 hygiene days/week
- Buyer’s projected net income approximately $372,771
- Open Dental software
- Paperless charts
- Digital x-rays, 4 sensors
- Digital pano
- CBCT
- 2 private offices
- 2,700 square feet with room to expand
- 2 reception areas
- Lab, Stericenter
- Staff lounge/Conf. room
- Play area
- 700 active PPO/FFS patients
- 12 new patients per month
- 55% FFS, 45% PPO
- Refers out difficult molar and retreat endo, ortho, and impacted EXT