Green Sail is happy to announce another outstanding practice purchase opportunity!
NEW PRICE! PRACTICE – $465,000
BUILDING – $1,050,000 (AVAILABLE THROUGH DOUG BEAN & ASSOCIATES, INC)
About the Practice:
This is a prime opportunity for a dentist looking to get a great deal on a profitable practice with growth potential and own his/her own real estate. Located near two major highways in NE Portland, the practice has been in its current location for 34 years. It has 4 operatories (with potential for more) and collected $589,124 in 2021 on 4 doctor and 4 hygiene days per week. It has paper charts and utilizes Daisy practice software. The current doctor does not actively market and refers out endo, full dentures, and all surgeries, leaving significant room for growth. The asking price of the practice has been significantly discounted from the actual appraised value to account for upcoming, unrelated staff departures that will need to be addressed by the buyer. The seller is very motivated.
About the Facility:
The clinic is 1,430 square feet and is housed in a 4,012 square foot building that is also available for purchase through Doug Bean & Associates, Inc. In addition to the dental clinic suite, there are two additional suites, one of which is vacant and could be used for expansion. In addition to the 4 operatories, the practice includes a private doctor’s office, reception area (shared), front office, lab, sterilization area, staff lounge, dark room, and 2 restrooms. There is also a private parking lot with 16 spaces that is shared between the 3 suites.
About the Numbers:
The clinic has approximately 700 active patients. It collected $589,124 in 2021 on 4 doctor and 4 hygiene days per week. Over the last 3 years, the practice’s adjusted net income has been around 40% of collections.
- 4 operatories (potential to expand)
- Collected $589,124 in 2021
- 4 doctor & 4 hygiene days/week
- Paper charts
- Daisy practice software
- Private doctor’s office
- Shared reception room
- Front office
- Sterilization area
- Staff lounge
- Dark room
- 2 restrooms
- Private lot w/16 spaces
- Approx. 700 active patients
- Adj. net income 40% of collections
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.