Green Sail is happy to announce another outstanding practice purchase opportunity!
About the Practice:
This beautiful, 2,400 square foot clinic is now AVAILABLE. It is back in “active” status due to the recent pending sale falling through because of the shutdown. In 2019, the practice had its best year, producing $518,317 and collecting $485,079. It is ideally-located in a high-traffic area of Lake Oswego, OR, near a new retirement center and condos, which presents a significant opportunity for new patient acquisition. It has 5 operatories and is a great opportunity for a purchasing doctor to grow. The practice has room to expand the number of operatories and production, as the current doctor has created and enjoyed a “comfortably” paced schedule and all specialty work is referred out. This is an ideal situation for a buying doctor who does specialty procedures to immediately increase production.
About the Facility:
The facility enjoys the benefits of being located near shopping, schools, restaurants and office buildings in the Lake Grove area, as well as high treatment acceptence rates, patient compliance, and timely payments. The 2,400 square foot clinic suite has 5 operatories. There is room for expansion with two private offices, either of which could be turned into treatment rooms, as well as a seperate space that is plumbed for a lab. In addition, 2 of the operatories are located in a seperate area of the facility and could be closed off for a specialist or tenant. The practice is equipped with beautiful wainscoted cabinetry and walls, laminated hardwood floors in the ops, and ample parking for patients and staff directly in front of the office entrance.
About the Numbers:
There is plenty of growth opportunity with this practice for a doctor that wishes to provide the specialty work that is being referred out and initiate some marketing programs. The current owner works two and a half days each week. She has three part-time employees, one assistant, an office manager, and a sterilzation tech. All endo, ortho, pedo, and surgery is referred out. The practice has 840 active patients and collections for 2019 were $485,079.
- $518,317 in production in 2019
- 2,400 Square foot clinic
- 5 Operatories
- Dentrix Dental software
- Dexis Digital X-rays
- Soft tissue laser
- 3 Ops have A-dec, chairs, lights and deliveries, the 4th is Belmont
- Large consult/conference room with storage
- Lab area is rentable
- 1,723 Total patients, 840 active
- 19 New patients per month, no advertising
- Charts: combination paper and paperless
- Ample shared parking
- Estimated $150,000 of basic specialty work referred per year
- 2 Private offices, that could be converted
- Staff room
- Estimated 90% PPO, 10% FFS, No OHT