Green Sail is happy to announce another outstanding practice purchase opportunity!
$750,000 PLUS A/R
About the Practice:
This established general practice is located in a desirable and thriving area of NE Portland near residential, retail and restaurants, and draws patients from the highly sought after neighborhoods of Grant Park, Alameda, Laurelhurst, Irvington and Rose City. The dentist has owned the practice and been in the current location for 35 years. The practice is on track to collect nearly $1,000,000 in 2021 on 4 doctor and 8 hygiene days per week. The strong hygiene program has been consistently between 40-45%. There are 5 fully-equipped Adec operatories, PracticeWorks software, hybrid charts, and adult and pedo sensors. The practice does minimal marketing and refers out endo, surgeries, implant placement, ortho and complicated restorative, providing ample opportunity for growth. The current owner is willing to stay on one day per week and mentor the buyer if desired. The ideal candidate would have interest in Tucker Gold training.
About the Facility:
The facility offers approximately 2,000 square feet and is owned by the current doctor, who will provide a lease to the buyer. It is in a lovely, free-standing building with lots of natural light, warmth and character. In addition to the 5 operatories (with beautiful views from 2 of the operatories), there is a welcoming waiting room/reception area, lab, sterilization room, staff lounge, large private office with restroom, a patient restroom and basement with ample storage. The two doctor’s operatories are currently set up for a left-handed doctor.
About the Numbers:
There are approximately 1,237 active patients, with an average of 12 new patients per month. Collections this year are on track to reach nearly $1,000,000, with a buyer’s projected net income of approximately $204,000 after debt services at current production and expense levels. The practice is in network with Delta Premier, Cigna and Pacific Source.
- On track to collect nearly $1,000,000 in 2021
- 4 doctor and 8 hygiene days/week
- Buyer’s projected net income approximately $204,000 after debt services
- PracticeWorks software
- Hybrid charts
- Digital sensors
- Adec chairs/units
- Approximately 2,000 square feet
- 5 fully-equipped operatories
- Waiting room/reception area
- Lab, sterilization room
- Staff lounge
- 1,237 active patients
- 12 new patients per month
- Large private office with restroom
- Refers out endo, surgeries, implant placement, complicated restorative and ortho