Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
SW PORTLAND
What?
GENERAL PRACTICE & BUILDING
(BUILDING AVAILABLE THROUGH CITY & STATE REAL ESTATE – AJ VAN LEEUWEN)
How Much?
PRACTICE – $346,750
BUILDING – $645,000 (CONTACT AJ – (503) 333-5152)
About the Practice:
This mid-size general practice is located in a stand-alone building off of a main thoroughfare in SW Portland. It is in a high-traffic area with excellent visibility, and has been in its current location for 32 years. The nicely updated 4 operatory clinic offers Adec chairs, units and cabinetry, utilizes XL Dent software, has paperless charts, phosphor plate x-rays, and a pano. The three year average collections were $469,374 on 4 doctor and 4 hygiene days per week. The practice has not employed external marketing and refers out implant placements, moderate to difficult extractions, ortho, and post-molar RCT, which allows opportunity for growth.
About the Facility:
The practice is housed in an approximately 1,600 square foot stand-alone building that is also available for purchase through City & State Real Estate (contact info below). In addition to the 4 operatories, the clinic offers a waiting room/reception area, business office, private office, staff lounge, lab, and sterilization room. It also has a private parking lot with 7+ spaces, as well as street parking.
About the Numbers:
There are approximately 2,078 active patients with an average of 10 new patients per month. The practice is approximately 68% fee for service, 32% PPO and 3-4% Medicaid. It is on track to collect $462,258 this year, with a projected adjusted net income of $161,371 at current production and expense levels.
Practice Details:
- On track to collect $462,258 this year
- 4 doctor and 4 hygiene days/week
- XL Dent software
- Paperless charts
- Phosphor plate x-rays
- Panoramic x-ray
- 2,078 active patients
- Average of 10 new patients per month
- Approximately 32% PPO, 68% fee for service, and 3-4% Medicaid
- 4 operatories
- Approximately 1,600 square foot, stand-alone building
- Waiting room/reception area
- Business & private office
- Staff lounge
- Lab and sterilization room
- Refers out implant placements, moderate to difficult extractions, ortho, and post-molar RCT.