Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
PORTLAND, OR
What?
GENERAL PRACTICE
How Much?
$229,000 PLUS A/R
About the Practice:
This profitable general practice is located in a beautifully updated space in Portland proper, and offers an excellent opportunity as a modified start-up or specialty practice. It would also be ideal for someone looking to relocate to a newer space, with the added benefit of some additional staff and patient base. It was remodeled in 2017 and currently has 4 equipped operatories, with potential for 2 more. The practice collected approximately $364,000 in 2022 on just one 6 hour doctor day and 2 hygiene days per week. It utilizes Eaglesoft software, has paperless charts, digital x-rays, a pano and endo and implant equipment.
About the Facility:
About the Numbers:
There were approximately 361 patients seen in the last 12 months, with an average of 7 new patients per month, with no advertising. The clinic is in contract with most PPO’s, and the practice’s average collections for the last 3 years is $465,267. The average adjusted net income over the last 3 years was approximately 41% of collections. The buyer’s net income after debt servicing is projected to be $111,448 at the current production and expense rates.
Practice Details:
- 4 equipped operatories (2 more possible)
- Reception area
- Front office
- 2 Private offices
- Lab & sterilization
- Consult
- ~3,000 square feet
- Eaglesoft software
- Paperless charts
- Digital x-ray
- Pano
- Collected $363,805 in 2022
- 1/2 doctor & 2 hygiene days/week
- 361 patients seen in last 12 mo’s
- 7 new patients per month
- 3-year-avg. collections $465,267
- Buyer’s projected net income = $111,448