SW (South) Portland Mid-Size General Practice

SW (South) Portland Mid-Size General Practice

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

Where?

SW PORTLAND

What?

MID-SIZE GENERAL PRACTICE

How Much?

$479,138 PLUS A/R

About the Practice:

This established general practice has been in its current location in SW Portland for 13 years, and is a prime opportunity for a buyer to grow and flourish. It is located near a high-traffic intersection in a lively part of town near shopping, restaurants, businesses and housing. It has optimal visibility and significant foot traffic from the surrounding businesses. The practice currently has 4 operatories, with the potential for 4 additional upon expansion into the vacant neighboring space. The practice’s three year average collections were $653,229 on 4 doctor and 4 hygiene days. The current dentist worked 172 days in 2019, and marketing has been limited. Procedures referred out include implant surgeries, endo re-treats, oral surgery, ortho, and perio surgery. This practice is ripe for growth with a buyer looking to implement a more comprehensive treatment plan, work additional days, increase marketing tactics, and potentially expand the space.

About the Numbers:

There were 1,310 active patients seen in the last 24 months, with an average of 13 new patients per month. In 2019, the practice collected approximately $600,000 on 4 dentist and hygiene days, with the current dentist taking significant time off. The adjusted net income for 2019 was $181,491.

Practice Details:

  • Thriving area near shopping, businesses, and housing
  • 4 operatories (potential for 4 more upon expansion)
  • Vacant space available next door
  • 2019 collections approx. $600,000
  • 4 doctor, 4 hygiene days
  • Refers out – implant surgeries, endo re-treats, oral surgery, ortho and perio surgery
  • 2,466 square feet
  • Consult room, private office, business office, lab & steri
  • Eaglesoft software, paperless charts, Schick digital x-rays, pano, endo equipment
  • 1,310 patients seen in last 24 months
  • Average of 13 new patients/month
  • 2019 adjusted net income = $181,491

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.