Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
LEBANON, OR
What?
GENERAL PRACTICE
How Much?
$388,975 PLUS A/R
About the Practice:
This mid-size general practice is located off of a main thoroughfare in the growing city of Lebanon, OR. Situated in the green and beautiful Willamette Valley, Lebanon is in close proximity to universities and community colleges, and has its own medical and nursing schools. It is a bedroom community for Eugene, Salem, and Corvallis, and provides recreation ranging from mountain winter sports to water sports and fishing in rivers. The clinic has been in its current location for 35 years and owned by the current doctor since 1981. It has 5 operatories and collected just under $650,000 in 2019 on 4 doctor and 5 hygiene days. The practice utilizes Dentrix practice software and has paper charts (mostly to paperless), digital x-rays, a digital panoramic x-ray, and a Periolase laser for LANAP. The practice’s Advantage Dental program will be ending upon sale. The purchase price reflects this impending loss of revenue, offering an opportunity for a buyer to purchase the practice at a lower price and build up its fee-for-service patient base. 2019 collections without Advantage totaled $418,992. The practice also refers out ortho, very difficult endo and oral surgery, as well as implant surgeries.
About the Facility:
The practice is housed in an office building that is shared with two other medical professionals and includes 2,700 square feet of clinic space. In addition to the 5 operatories, the office includes a welcoming reception area, front office, business office, private office, staff lounge, laundry, 2 sterilization rooms, a lab, and 3 restrooms. There is potential to purchase ownership in the building through the seller’s attorney or licensed real estate agent.
*Green Sail is not a real estate brokerage and does not conduct real estate transactions.
Practice Details:
- 5 operatories
- Welcoming reception area
- Front, business, and private offices
- Staff lounge and laundry
- 2 sterilization rooms and lab
- Dentrix practice software
- Paper charts (mostly to paperless)
- Digital x-rays
- Digital panoramic x-ray
- Periolase laser for LANAP
- Collections just under $650,000 in 2019
- $418,992 collections in 2019 (w/o Advantage)
- 4 doctor and 5 hygiene days
- Refers out ortho, very difficult endo and oral surgery, as well as implant surgeries