Green Sail is happy to announce another outstanding practice purchase opportunity!
GENERAL PRACTICE (BUILDING AVAILABLE THROUGH CBRE – BRIAN NORTON)
BUILDING: CONTACT BRIAN NORTON 503-329-2359
About the Practice:
This quaint general practice is located in a high-traffic area in SW Portland and is highly visible. It sits on Hall Blvd, across the street from Target and Washington Square Mall. It is a small, 2 operatory practice with room to grow. It is housed in one half of its building with potential for expansion into the other half, which is currently vacant, for up to 4 or 5 operatories. The adjacent space was previously another dental practice. The 1,800 square foot building sits on a .56 acre lot and is available for purchase through Brian Norton at CBRE. This provides additional opportunity for building expansion and remodeling for a prime SW Portland location. It is in close proximity to residential and shopping areas and saw over 30,000 cars/day in 2018 (per CBRE). The practice’s 3-year average collections is $310,684 on 2 hygiene and 2 doctor days (doctor currently performs own hygiene).
About the Facility:
The practice is located in 850 square feet of the 1,800 square foot building. There is potential to remodel and expand into the adjacent plumbed space, as well as add on to the building. Alternatively, the practice may be purchased and incorporated into an existing clinic and location. The current practice includes 2 operatories, a waiting room, lab/sterilization, a restroom, kitchenette, and private office. It also includes paperless charts, utilizes Dentrix software, has Schick digital x-rays and a Waterlase.
About the Numbers:
There are approximately 615 active patients. The current doctor does not employ any marketing strategies, and refers out wisdom, some endo, implant placement, surgeries and perio. This offers additional growth opportunity for the buyer. The practice’s 3-year average collections is $310,684.
- High traffic area near Target and Washington Square Mall
- 2 op clinic with growth potential
- 1/2 of building vacant & plumbed
- 1,800 square foot building on .56 acre lot
- Opportunity for building expansion and remodeling
- 30,000 cars/day in 2018 (CBRE)
- 615 active patients
- No active marketing
- 3-year average collections: $310,684
- 2 doctor & hygiene days
- Doctor performs hygiene
- Waiting room, lab/steri, restroom, kitchenette, private office
- Dentrix, Schick digital x-rays, Waterlase
- Refers out wisdom, some endo, implant placement, surgeries and perio