Green Sail is happy to announce another outstanding practice purchase opportunity!
JACKSONVILLE / RUCH (SOUTHERN OREGON)
$197,611 PLUS A/R
About the Practice:
Operating in the same location for over 40 years, Applegate Valley Dental has a solid patient base, yet there is plenty of room for continued growth. It is an excellent opportunity for a doctor looking for a practice to grow or as a rural satellite. Located in beautiful Southern Oregon, this is the perfect location for someone who loves the outdoors. In addition to over 20 wineries within a 30 minute drive, the area also boasts world class rafting, mountain biking and hiking trails, fishing and skiing. The equipment is current and the dental chairs have been recently upgraded. The area is also home to the Jacksonville’s Britt Music Festival and the Oregon Shakespeare Festival in Ashland. The Rogue Valley International Airport allows easy access to travel outside the region. This is the perfect place to raise a family and grow your business.
About the Facility:
The clinic is 1,500 square feet in a free-standing building. The lease is $1,935. There are 4 operatories, 2 restrooms, a spacious reception area, a business office and a sterilization room. There is a private parking lot that is shared with an adjacent cafe.
About the Numbers:
There are 500 active patients with 3-5 new patients each month, without any advertising. Collections in 2021 were $359,673 on just 2-3 doctor days and 1 hygiene day each week. The three year average collections are $230,000. Adjusted net income in 2021 was $113,271. Procedures referred out of the practice include implant placements, retreat endo and some extractions. The practice is mostly fee for service with only Delta Premier and MetLife accepted. There is one office manager and two dental assistants. The staff is expected to stay after the sale, and the seller is willing to work through a transition period.