Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
MID-WILLAMETTE VALLEY
What?
GENERAL PRACTICE PARTNERSHIP
How Much?
PRACTICE: $1,619,170 WITH A/R
1/2 BUILDING: $380,000
(AVAILABLE THROUGH DOUG BEAN AND ASSOCIATES)
About the Practice:
This is a great opportunity for a doctor looking to buy into a profitable general practice as a 50/50 partner. It is located in a mid-Willamette valley city and includes 8 operatories. The practice is on track to collect over $3.1 million this year on 8.5 doctor days and 13-15 hygiene days per week. It utilizes Dentrix practice software, has paperless charts, digital x-rays, and a panoramic x-ray. The selling partner refers out impacted 3rd molar extractions and implant placements.
About the Facility:
The clinic is housed in a 2,685 square foot, stand-alone building, of which, 50% ownership will also be available for purchase through Doug Bean and Associates, Inc. In addition to the 8 operatories, the practice also includes a reception/waiting room area, front office, manager’s office, 2 doctor’s offices, business office, staff lounge, lab, sterilization room, and panoramic x-ray room. There is also a 15-car parking lot.
About the Numbers:
The selling doctor’s portion of the active patient base is approximately 2,510. The practice has an average of 46 new patients seen per month. It has averaged collections of $3,068,430 in the last three years, with adjusted net income averaging over $1.2 million. The buyer’s net income after debt servicing, for 50% ownership in the practice, is projected to be $536,777 annually.
*Green Sail is not a real estate brokerage and does not conduct real estate transactions.
Practice Details:
- 8 operatories
- 2,685 square feet
- Reception/waiting room area
- Front office
- Manager’s office
- 2 doctor’s offices
- Business office
- Staff lounge
- Lab & Steri
- Dentrix practice software
- Paperless charts
- Digital x-rays
- Panoramic x-ray
- $3.1 million projected collections this year
- 8.5 doctor days and 13-15 hygiene days/week
- 2,510 active patients for selling doc
- Average of 46 new patients/month
- 3 year average adjusted net income of $1.2million
- Buyer’s net income after debt servicing projected to be $536,777
- Refers out impacted 3rd molar extractions and implant placements
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.
