Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
SOUTHERN OREGON
What?
LARGE GENERAL PRACTICE
How Much?
$1,280,000 PLUS A/R
About the Practice:
This very profitable, turnkey, general dental practice is in a desirable location in a Southern Oregon city. The clinic is modern and has 6 operatories, equipped with newer A-dec chairs and deliveries. It collected over $1.3 million in 2023 on 4 doctor and 8 hygiene days per week, with an adjusted net income of nearly $575,000 (43% of collections). The office utilizes Eaglesoft software and has paperless charts, digital x-rays, CEREC, a 3D printer, and cone beam. The current owner does very limited marketing and refers out all endo, 3rds, full dentures and most implants placement and partial dentures.
About the Facility:
The clinic is housed in a newly remodeled, 2,200 square foot building that will be leased to the buyer with potential for future ownership (through Doug Bean & Associates, Inc.). In addition to the 6 operatories, the space includes a reception area/waiting room, front office, consult room, private doctor’s office, staff lounge, lab, sterilization room, and 2 restrooms. There is also a large shared parking lot with 20+ parking spaces. Most of the equipment is from 2019.
About the Numbers:
There are approximately 1,960 active patients with an average of 21 new patients per month. The patient base is about 82% PPO and 18% fee for service. The practice’s average collections for the last three years was $1,312,976 with an average adjusted net income of $585,270. The buyer’s net income after debt servicing is projected to be $388,030 annually, at the current production and expense rates.
Practice Details:
- 2,200 square feet
- 6 Operatories
- Paperless charts
- Eaglesoft software
- Digital X-rays
- Cerec
- Cone Beam
- Reception/waiting room
- Front office
- Consult room
- Private doctor’s office
- Lab
- Sterilization room
- Staff lounge
- $1.3 million collections in 2023
- $575,000 adjusted net income 2023
- Approx. 1,960 active patients
- Avg. 21 new patients per month
- 3-year avg. collections $1,312,976
- 3-year avg. adj. net income $585,270
- Refers out all endo, all O.S./surgical extractions (3rds), most implants, all full dentures, and most partial dentures
- Buyer’s projected net income after debt servicing is $388,030