Green Sail is happy to announce another outstanding practice purchase opportunity!
GENERAL PRACTICE (BUILDING AVAILABLE THROUGH CITY & STATE REAL ESTATE)
PRACTICE – $563,601 BUILDING – $435,210 (CONTACT INFO FOR BUILDING BELOW)
About the Practice:
This highly profitable general practice is located off of a major thoroughfare in the southwest Portland suburb of Tualatin. The practice has been in its current location for 12 years and is housed in a commercial condominium that is also available for purchase. It is equipped with 4 operatories, Dentrix software, and charts and x-rays are digital. The practice has excellent Google reviews and has a rating of 4.7 stars out of 5. In 2019, the clinic collected $653,012 on 3 doctor days and 3-4 hygiene days. The hygiene is strong, with an average of 40% over the last 3 years. The current owner does limited marketing and refers out all surgery, most endo, and perio surgery. This is a well-performing practice and a prime opportunity for a doctor looking to own their own building and grow the practice.
About the Facility:
The clinic is housed in a 2-story, 1,454 square foot commercial condominium building. The building is listed with City & State Real Estate (contact information below). The main floor of the building consists of 4 operatories, a lab, sterilization room, front desk, patient waiting area, dark room (currently used for storage), and restroom. The second story of the space includes a staff lounge, private doctor’s office, and storage room. There is also a large, shared parking lot directly outside the building. The practice equipment varies in age and is in good working condition. The equipment includes 2 Digital Doc intra-oral cameras, 2 Dexis sensors, 2 Progeny Preva intra-oral x-rays, newly-updated server, newer computer work stations, new Statim sterilizer, Adec doctor’s units, endo/surgery equipment, and 4 patient chairs.
About the Numbers:
There are currently 728 active patients, with an average of 5 new patients per month. Collections in 2019 were $653,012 on 3-4 hygiene and 3 doctor days, and the adjusted net income was $263,489. Hygiene accounts for 40% of total production. The practice is 78% insurance and 22% FFS. The buyer’s expected net income after debt payments is $192,453 at the current production level.
- 4 operatories
- Dentrix software
- Digital charts & x-rays
- 2019 collections = $653,012 on 3 doctor days and 3-4 hygiene days
- Refers out all surgery, most endo, and perio surgery
- Limited marketing
- 2 Digital Doc intra-oral cameras
- Shared parking lot
- Dexis sensors
- $192,453 Buyer’s projected net income
- 728 Active patients
- Average 5 new patients/mo.
- High ratings and excellent reviews on Google
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.