LARGE SW PORTLAND GENERAL PRACTICE FOR “SAIL”!

March 6, 2023

Green Sail is happy to announce another outstanding practice purchase opportunity!

Where?

SW PORTLAND

What?

LARGE GENERAL PRACTICE

How Much?

$1,500,000 PLUS A/R

 

 

About the Practice:

This stunning, state-of-the-art general practice is located off of a major thoroughfare, with excellent visibility and signage in SW Portland. It was built in the last several years and spared no expense. The practice collected approximately $1,500,000 on 3.5 doctor and 3 hygiene days per week. It offers 7 beautifully-equipped operatories, paperless charts, digital x-rays, CBCT, Cerec, a 3D Printer, CO2 Laser and endo equipment. The practice currently does significant surgical specialty procedures and high-end cosmetic cases, and would be best suited for someone with the desire to continue those procedures.

 

About the Facility:

The clinic is housed in a high-end 3,484 square foot retail space. In addition to the 7 operatories, the space includes a gorgeous reception area, front office, consult room, 2 private offices – each with own restroom, lab, and sterilization. The real estate is owned by the selling doctor and the buyer will be offered an attractive lease.

 

About the Numbers:

There are approximately 2,233 active patients, with an average of 25-30 new patients per month. There are well over one hundred 5* reviews on Google and Facebook. The clinic is only in contract with Delta Premier. The practice’s average collections in 2022 were approximately $1,500,000. The average adjusted net income over the last 3 years is approximately $500,000 (37% of collections). The buyer’s net income after debt servicing is projected to be approximately $330,000 at the current production and expense rates.

 

Practice Details:

  • Newer construction
  • 7 operatories
  • Reception area
  • Front office
  • 2 private offices with restrooms
  • Lab & sterilization
  • Consult
  • 3,484 square feet
  • Paperless charts
  • Digital x-ray
  • CBCT, Cerec, C02 laser, 3D printer
  • Collected approx. $1.5M in 2022
  • 3-4 doctor & 3 hygiene days/week
  • 2,233 active patients
  • 25-30 new patients per month
  • 3-year-avg. adj. net income = approx $500,000
  • Buyer’s projected net income = ~$330,000

 

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.