Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
SALEM, OR
What?
GENERAL PRACTICE
How Much?
$499,930 PLUS A/R
About the Practice:
This beautiful, established general practice has been in its current location and owned by a third generation dentist for 43 years. It is equipped with 5 operatories, Eaglesoft 18 software, a Millennium PerioLase, microscopes in all ops, digital sensors and pano (upgradeable to 3D), electric hand pieces, and charts are mostly paperless. In 2019 the practice collected $751,375 on 4 doctor and hygiene days. There is a dedicated and tenured staff. The current owner does limited marketing and refers out complicated endo and oral surgery, some perio, most pedo, and all ortho. This is a wonderful opportunity for a doctor looking to grow the practice.
About the Facility:
The clinic is housed in an attractive 3,200 square foot building with great street presence. It was remodeled in 2003 with beautiful appointments. The facility is impeccable, with furnishings of the highest quality, and the woodwork and trim creates a very professional office space. It is located adjacent to a major thoroughfare with a plethora of shopping, restaurants and retail shops. There are 5 Adec-equipped operatories, an inviting reception area with fireplace, a gorgeous fish tank, two private offices, a consult room, business office, staff lounge, lab, sterilization center, and 3 restrooms. There is plenty of onsite and street parking. The building is owned by the selling doctor and will be leased to the new buyer.
About the Numbers:
There are currently 827 active patients, with an average of 9 new patients per month. Average 3 year collections were $701,558 on 4 doctor and hygiene days, and the adjusted net income was $199,306. Hygiene accounts for approximately 30% of total production. The practice is about 80% insurance and 20% FFS.
Practice Details:
- 3,200 square foot facility
- 5 Adec equipped operatories
- Eaglesoft software
- Digital charts & x-rays
- Limited marketing
- Refers out complicated endo and oral surgery, most pedo, some perio and all ortho
- Millenium PerioLase
- Digital pano – upgradeable to 3D
- Microscopes in all op’s
- Ample shared parking
- 827 active patients
- Average 9 new patients/mo.
- 2019 collections = $751,375 on 4 doctor and hygiene days