Green Sail is happy to announce another outstanding practice purchase opportunity!
MID-LARGE GENERAL PRACTICE
About the Practice:
This profitable practice is located on a major thoroughfare in SE Portland, with excellent visibility. The clinic has been in its current location for 25 years, and owned by the current doctor for 4. There are 6 operatories (5 fully equipped), paperless charts, digital x-rays with Dexis sensors, a newer CBCT, and Dentrix software. Collections in 2019 were just over $800,000 on 4 doctor and 4 hygiene days/week. The current doctor does limited marketing, and refers out complex endo and retreats, difficult oral surgery, and sedation cases. The practice has recovered to pre-Covid production levels.
About the Facility:
The centrally located clinic is housed in a 5,000+ square foot stand-alone building that houses one other tenant. The practice occupies roughly half of the building (approx. 2,500 square feet), with a common entryway, restroom, and laundry/storage facilities. In addition to the 6 operatories, the clinic offers an inviting reception area, front office, consult room, business nook, private doctor’s office, lab, sterilization room, staff lounge, and 2 restrooms. There is also a 12-space parking lot that accompanies the building and is shared with the other tenant.
About the Numbers:
There are approximately 1,130 active patients, with an average of 18 new patients per month. The practice collected $803,224 in 2019 on 4 doctor and 4 hygiene days. The adjusted net income for that year was $377,095. The buyer’s expected net income after debt servicing is $286,385 at those collection and expense levels.
- 6 operatories (5 fully equipped)
- Paperless charts
- Digital x-rays with Dexis sensors
- Newer CBCT
- Dentrix software
- Approx. 2,500 square feet
- Shared entryway, restroom, laundry/storage
- Reception/waiting area
- Front office
- Consult room
- Business nook
- Private doctor’s office
- Lab & sterilization room
- $803,224 collections in 2019
- 4 doctor and 4 hygiene days
- 1,130 active patients
- 18 new patients per month
- Buyer’s expected net income is $286,385
- Refers out complex endo and retreats, difficult oral surgery, and sedation cases