SE Portland suburb – LARGE GENERAL PRACTICE for “SAIL!”

SE Portland suburb – LARGE GENERAL PRACTICE for “SAIL!”

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

Where?
SE PORTLAND SUBURB

What?
LARGE GENERAL/FAMILY PRACTICE

How Much?
$1,194,128

 

About the Practice:

Available for purchase is this dream practice in a desirable SE Portland suburb. It has everything buyers desire. It is gorgeous inside and out, has a loyal patient base, is highly visible, light, spacious, modern, well-equipped and is extremely profitable! The practice was founded in 1983. It has 4 operatories, 6 team members, 1,400 active patients, and has digital x-rays. The software is Dentrix. The doctors schedule is booked out 6 weeks and hygiene is scheduled out 6 months, with only a few openings. Referred out of the practice is molar endo, most extractions, ortho, some perio surgery, oral surgery, and implant placements. The equipment list includes: 3 digital sensors, 4 I/O cameras, digital pan, endo equipment, custom cabinetry, A-dec/Forest/DCI chairs, lights and deliveries and much more.

About the Facility:

The clinic is 2,236 square feet not including an upstairs staff lounge, private office, storage, laundry, and restroom. It is attractive, light, open and spacious. Downstairs there is a beautiful reception area with a fireplace and play nook, a spacious front desk area, a business office, a consultation room, a large patient bathroom, 4 operatories, a lab, a large passthrough sterilization room and private parking lot. The building is owned by the practice seller and will be available for purchase in the future. The lease is anticipated to be approximately $6,000/mo.

About the Numbers:

Collections in 2018 were $1,242,839 on a 98.27% collection percentage on 4 doctor days each week. The 3 year average collections are $1,222,783. Hygiene production in 2018 was $420,638 (33.26% of total production) on 5.5 hygiene days per week. The adjusted net income was $554,913 which is 46% of collections. The buyer’s adjusted net income is expected to be $413,379 after loan payments.

 

Practice Details:

  • 2,236 Square foot clinic plus upstairs office, lounge, laundry
  • 1,400 Active patients
  • 33% Hygiene production
  • 4 Operatories
  • Dentrix software
  • Digital X-rays and Pan
  • 3 Sensors
  • 4 I/O cameras
  • Endo equipment
  • Custom cabinetry
  • Business office area
  • Private parking lot
  • 3 Restrooms
  • Consultation room
  • Lab
  • Passthrough sterilization
  • Large reception area with fireplace and play area
  • Many specialty procedures referred out
  • $413,379 Buyers expected cash flow after loan payments

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.