Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
SUBURBAN PORTLAND
What?
ORTHODONTIC PRACTICE
How Much?
$565,636
About the Practice:
This is your opportunity to own a turnkey, long-established practice in the Portland area suburbs just 20-30 minutes from downtown Portland. The practice is located in an affluent, family-oriented suburb with tons of residential growth and strong demographics. It has an excellent reputation for personalized service and quality care with happy patients, and perfect google reviews. Treatment fees are strong. The practice has always been fee-for-service, however, there is plenty of opportunity for growth, including expansion into insurance acceptance.
The doctor enjoys a “lifestyle” practice – 3 doctor days per week, alternating 3-day and 4-day weekends and 7 weeks off each year.
Due to an upcoming relocation out of state, the practice is in need of a new owner to continue its legacy. The current owner is committed to facilitating a thorough and smooth transition to set the new owner on a path to immediate success.
About the Facility:
The clinic is 1,500 + square feet, housed in an up-to-date professional building with modern appeal, easy access and ample parking. There are several general dental offices and other referral sources nearby. The space feels bright and current, with plenty of windows and natural light. The office and facilities are up-to-date and well maintained. This is a true turnkey opportunity.
About the Numbers:
There are currently 225 patients in treatment. In 2021, there were 146 new starts on 252 new patient exams. The practice produced $724,093 in 2021 and has had consistent growth over the years. Current unbilled contracts are $246,186.
Practice Details:
- Genuine turn-key opportunity
- Fee-for-service
- Digital charts
- Pan/Ceph
- Scanner
- Lab, sterilization
- Private doctor’s office
- Staff lounge
- Plenty of parking
- $724,093 production in 2021
- $139,950 Buyer’s projected net income after debt service
- 225 patients in treatment
- Unbilled contracts $246,186
- Long history in location