SW Portland/Beaverton Area GENERAL PRACTICE for “SAIL”!

SW Portland/Beaverton Area GENERAL PRACTICE for “SAIL”!

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

Where?
BEAVERTON AREA

What?
MID-SIZE GENERAL PRACTICE

How Much?
$594,433

About the Practice:

This beautiful practice is about as close to perfect as you can get. It was assumed by the current owner in 1985 and has been in its current location for 16 years. The 5 operatory clinic is gorgeous, just the right size and is full of light. There is a solid 5 person team in place that consists of: 2 front office, 2 dental assistants and 1 hygienist. There is an additional part time hygienist. There are approximately 2,600 total patients of which 1,043 are active. Hygiene is scheduled out 6 months and the doctor, 2 weeks.The location is very desirable in the Beaverton area and includes an opportunity for an equity position in the real estate. The lease is $6,293/mo.

About the Facility:

The 2,000 square foot clinic is gorgeous, perfectly designed and is just the right size. There are 5 fully equipped operatories, a consultation room, a private office, a spacious lab, a walk-though sterilization area, a staff room with laundry, a very inviting reception area, and a front desk work area with 2 work stations and a patient check out counter. The equipment and cabinetry is all A-dec and has been meticulously maintained including new upholstery (Dec. 2018). Included in the equipment list: I/O cameras, diode laser, 3 digital sensors, endo equipment, patient monitors, electric hand piece motors and much more.

About the Numbers:

2018 collections were $700,344 on production of $713,877. Hygiene production was $232,218 (33% of production). The treatment mix is approximately 50% insurance and 50% fee for service. Referred out of the practice is oral surgery, perio surgery, molar endo, ortho and implant placements. There are only a few OHP patients that were previously cash patients. 2018 adjusted net income was $232,218. After debt payments, the buyer’s expected net income is $150,541 without a production increase that could be gained with some marketing and expanded in-house specialty treatment.

Practice Details:

  • 2,000 Square foot clinic
  • 5 Operatories
  • Daisy software
  • Digital X-rays via ScanX
  • A-dec chairs, lights, deliveries and cabinets
  • Lab, sterilization
  • Private office
  • Consultation room
  • Digital X-rays (3 sensors)
  • Beautiful reception area
  • 2 restrooms
  • Staff room with laundry
  • 1,043 Active patients
  • $700,344 collections
  • $232,218 adjusted net income
  • Oral and perio surgery, molar endo, ortho, and implant placements referred out

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.