Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
NORTHERN OREGON COAST
What?
GENERAL PRACTICE
How Much?
PRACTICE – $987,396 PLUS A/R
About the Practice:
This beautifully-appointed general practice in a Northern Oregon Coastal city is an amazing opportunity for a dentist looking for an efficiently run, turnkey practice with room for growth and potential to own the building. The practice has been in its current location for over 55 years. It has 4 operatories and collected over $1.1 million in 2023 on 3.5 doctor days and 5.5 hygiene days per week. The practice is very profitable and had an adjusted net income in 2023 that was 48% of collections at $538,530. The clinic is paperless, utlizes Open Dental practice software, a CBCT, digital imaging, and up-to date equipment. The current dentist doesn’t do any active marketing and refers out most implant placements and Endo, as well as ortho and thirds, leaving plenty of opportunity for growth. Seller is moving out of state.
About the Facility:
The office is housed in a conveniently located ~1,200 square foot stand-alone building with an attractive lease and potential to purchase the building from the owner. In addition to the 4 operatories, there is a welcoming reception area, front office, private doctors office, small workstation, combined lab and sterilization room, and 1 restroom. There is also a shared parking lot and ample street parking.
About the Numbers:
The clinic has approximately 1,933 patients with an average of 24 new patients per month. The fees collected by the office are approximately 67% insurance and 33% fee for service. There are limited PPO’s in the practice. The practice collected an average of over $1.1 million in the last three years, with an average adjusted net income of $485,220. Hygiene accounted for 28-33% of production in the last 3 years. The buyer’s net income after debt servicing is projected to be just under $386,812 at current collection and expense levels.
Green Sail Transitions is not a licensed real estate brokerage and does not transact real estate.
Practice Details:
- ~1,200 square feet
- 4 operatories
- Reception area
- Front office
- Sterilization/Lab
- Private office
- Small workstation
- 1 restroom
- Open Dental software
- CBCT
- New Cavitrons, Endo motor and apex locator
- 2023 collections of over $1.1 mill
- 1,933 patients
- 24 new patients per month
- $538,530 adjusted net income 2023
- Buyer’s net income $386,812 after debt servicing
- Refers out most endo and implant placements, ortho and thirds