Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
GRESHAM, OR
What?
GENERAL PRACTICE & BUILDING
(BUILDING AVAILABLE THROUGH CITY & STATE REAL ESTATE – AJ VAN LEEUWEN)
How Much?
PRACTICE – $448,583 PLUS A/R
BUILDING – $290,000 (CONTACT AJ – (503) 333-5152)
About the Practice:
This profitable general dental practice is located off of a major thoroughfare in Gresham, OR. The 4-operatory clinic collected $571,264 in 2019 on 2.5 doctor days and 1 hygiene day, with the current owner performing their own hygiene. The adjusted net income in 2019 was $307,841 (55% of collections). It is 68% PPO and utilizes Dentrix Ascend software, has paperless charts, digital x-rays, and a panoramic x-ray. The current owner does little marketing and refers out difficult extractions, ortho, molar endo, and implant placements, offering growth opportunity for a new doctor.
About the Facility:
The clinic is housed in an attractive 1,120 square foot commercial condominium, which is also available for purchase through City & State Real Estate. In addition to the 4 operatories, there is a patient waiting area, front office, business office/lounge, lab, sterilization room, and restroom. There is also a large shared parking lot with 4 patient spaces by the entrance of the building.
About the Numbers:
The clinic saw 1,051 patients in the last 13 months and averaged 31 new patients per month in the last year. The practice collected $571,264 in 2019 on 2.5 doctor days and 1 hygiene day. The buyer’s expected net income after debt payments is $237,951, holding production and expenses constant.
Practice Details:
- Current location for 4 years
- Collected $571,264 in 2019
- 2.5 doctor days & 1 hygiene day
- $307,841 adj net income in 2019
- $237,951 buyer’s expected net income
- 1,120 SF commercial condo for sale
- 68% PPO
- Refers out difficult extractions, ortho, molar endo, and implant placement
- Dentrix Ascend software
- Paperless charts & digital x-rays
- Panoramic x-ray
- 4 operatories
- Patient waiting area & front office
- Business office/staff lounge
- Lab & sterilization room
- 1,051 patients seen in last 13 months
- Average of 31 new patients per month