Green Sail is happy to announce another outstanding practice purchase opportunity!
This small but profitable practice was started in 1978 and has been in the community in the same visible location since 1984. It has a wonderful patient base and dedicated staff. It is truly a refreshing, friendly, and inviting “neighborhood” practice. The owner is ready to retire and desires rapid transition. This opportunity will be ideal for candidates that desire a simple and profitable operation that they can grow, at an affordable price. While updates will be desired over time, It has everything you need to be up and running and making a good living right out of the gate.
Located on one of the busiest arterials in Lake Oswego, this 3 operatory “neighborhood practice” is clean, light and inviting for staff and patients. It is a leased space on the ground level in a medical complex, is approximately 1,200 square feet and is wheelchair accessible. The lease rate is $2,533/mo. There is an attractive reception area and front desk, a nice private doctor’s office, a combined lab and sterilization, a dark room with developers, plumbed N2O and large picture windows in the operatories that flood the facility with light and look into a beautiful green space. The third op is a quiet room and is currently used for hygiene.
The practice collected $239,000 in 2017 with a net income of approximately $120,000 on just 2 to 2.5 doctor days each week. The doctor has done some hygiene himself, and with the hygienist, there has been 2 hygiene days each week. It is estimated that 70% of the collections are from PPOs and 30% is FFS. There is no OHP. The practice refers out endo, some perio, oral surgery, implants, and ortho.
Charts are paper and X-rays are film, although the main x-ray head is convertible. The equipment is older but “classic” and has been meticulously maintained.
There are approximately 350 very loyal and active patients. Even without a website and any form of marketing, the practice receives a few new patients each month.There are 3 staff members. The doctor’s wife helps at the front with business management, there is also a long-term dental assistant who helps up front, and a hygienist. The doctor’s wife is happy to help with a transition, but will be limited. The assistant is up to speed on business operations and can fill that role until the practice ramps up again.
Practice Details:
* 1,200 Square foot clinic
* 3 operatories
* Dental Pro software
* DentalEZ chairs
* Paper charts
* Plumbed N2O
* Same location since 1984
* 350 active patients
* “Neighborhood” feel
* Shared parking lot with employee lot in back
* Private doctor’s office
* 1 restroom
* Lab, sterilization
* Dark room
* Visible and convenient location
* Many procedures referred out
Very low overhead/good profitability
Please contact us if you, or anyone you know, would like to discuss this opportunity or schedule a time to see the facility and all it has to offer.