NW Portland – General Practice for “Sail”

NW Portland – General Practice for “Sail”

Green Sail is happy to announce another outstanding practice purchase opportunity!

Where?
NW PORTLAND

What?
LARGE GENERAL PRACTICE

How Much?
$900,000

 

About the Practice:

This well-established general practice is located in NW Portland, close to downtown and within walking distance to boutiques and great restaurants. The current owner purchased the practice in 1994. The 1,312 square foot leased building has 4 fully equipped operatories. 2018 collections were $1,070,000 on just 3 doctor and 6 hygiene days per week, with 8 weeks of vacation. 2019 collections are on pace for $1,225,359. The practice utilizes Eaglesoft software and charts and x-rays are digital. The practice is fee for service with Delta (ODS) Premier as the only PPO. There are 1,618 active patients, with an average of 25 new patients per month. The practice achieved the top Google Review ranking in the neighborhood with nearly 600 5-Star reviews.

 

About the Facility:

The 1,312 square foot clinic was remodeled in 2000 and updated again in 2016. There are 4 A-dec equipped operatories (with the potential to expand), a shared doctor and business office, lab, sterilization, staff lounge, 2 bathrooms, reception area, and plenty of free parking. This high-tech office boasts two Biolase lasers, a digital Pano, three Digidoc intraoral cameras, Velscope, newest model of cavitrons, air abrasion, Eaglesoft Software and digital charts and x-rays. While the facility’s lease may only be available two to three years (potentially longer), there are a couple of options for the new owner. The purchaser may run the practice in this facility for the duration of the lease and then find a location nearby to relocate. OR, if the practice is purchased by a dentist in the area, he/she can merge the two practices. Several close-by available office spaces have been identified, providing the opportunity to design and build-out your own facility for this existing practice.

 

About the Numbers:

There are currently over 1,600 active patients, with an average of 25 new patients per month. Collections in 2018 were $1,070,000 on 3 doctor and 6 hygiene days. 2019 collections are on pace for $1,225,359. The 3-year average collections were at $1,167,000, with 26% hygiene.

 

Practice Details:

  • 1,312 Square foot facility
  • 4 Operatories (1-2 more potential)
  • A-dec Equipment
  • Eaglesoft software
  • Digital X-rays
  • Lab, sterilization
  • Doctor/Business office
  • Reception area
  • Ample free parking
  • 2 Restrooms
  • Staff lounge
  • $1,070,000 Collections 2018 (3 doctor days)
  • 1,617 Active patients
  • Average 25 new patients/mo.
  • Over 600 5-star Google Reviews

 

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.