Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
WEST PORTLAND SUBURB
What?
GENERAL PRACTICE
How Much?
$900,000 PLUS A/R
About the Practice:
This turnkey general dental practice has a prime location in a western suburb of Portland. It is housed in a beautifully-appointed suite equipped with 5 operatories, and has room for an additional operatory if desired. The clinic is on track to collect $1,075,921 in 2024, on 4 doctor and 12 hygiene days per week. It utilizes Eaglesoft software, has paperless charts, digital x-rays, a panoramic x-ray, CEREC, and more. It has adec chairs, deliveries, and cabinetry, and all of the equipment is in great condition. The current owner does not do any marketing and refers out ortho, surgery, molar endo, implant placement, and perio, offering plenty of opportunity for growth.
About the Facility:
The clinic is in a 2,500 square foot leased suite. In addition to the 5 operatories, there is a patient reception area, front desk/office, private office, staff lounge, lab, sterilization area, and an extra office space that is plumbed for an additional operatory. The practice has been in its current location for 22 years and is located in a high-traffic area with easy access, ample parking, and good street visibility.
About the Numbers:
There are approximately 1,845 active patients (seen in last 24 months) with an average of 18 new patients per month. Hygiene is scheduled out 6 months. The practice’s collections have averaged over $1,000,000 in the last three years, with an average adjusted net income of $344,641. The buyers net income after debt servicing is projected to be over $250,000 annually, at the current production and expense levels.
Practice Details:
- 2,500 square feet
- 5 operatories (room for additional)
- Eaglesoft software
- Digital x-rays
- Paperless charts
- Pano
- CEREC
- Lab & sterilization rooms
- Private doctor’s office
- Staff lounge
- $1,075,921 projected collections 2024
- 4 doctor and 12 hygiene days/week
- 1,845 active patients
- 18 new patients per month
- Avg. collections over $1,000,000
- Avg. adjusted net income $344,641
- Buyer’s net income after debt servicing projected to be over $250,000