Green Sail is happy to announce another outstanding practice purchase opportunity!
Where?
TIGARD/TUALATIN/LAKE OSWEGO AREA
What?
LARGE GENERAL
How Much?
$815,579 PLUS A/R
About the Practice:
This upscale, 8 operatory, 3,600 square foot, family and cosmetic practice is located in the heavily sought-after suburban region of SW Portland. It is centrally located with great visibility and signage. It is beautiful inside and out and offers excellent technology. It has been in the current location for over 15 years. It is a general practice that does some high end cosmetic, some sedation and some implant work. The practice is fully digital and paperless and uses Open Dental software. The equipment includes: Belmont chairs, lights and cabinets, Forest deliveries, Dexis sensors, plumbed NO2, digital scanner, CBCT, surgical and sedation equipment, and more. The practice refers out endo, perio, ortho, TMD, pedo, and some implants and extractions. The current provider has an injury requiring the sale. The ideal buyer will be skilled in all types of dentistry including cosmetic, implant and OC sedation.
About the Facility:
The Facility is a 3,600 square foot leased facility and includes: 8 fully equipped operatories, two financial offices, a large reception lobby, large staff work areas, a conference room with projector and screen, a consult room, a staff lounge with laundry, large sterilization/lab and plenty of parking with 6 reserved and 2 handicapped spaces.
About the Numbers:
The practice is approximately 55% fee-for-service and 45% insurance. There are 4 staff members and 2,900 total patients of record including 651 active in the last 12 months, and an average of 7 new patients per month. Hygiene is currently scheduled out more than 3 months with 6 month recall, and the doctor’s schedule is booked for 1 to 2 weeks. Collections for 2019 were $1,032,000, and 2020 extrapolated collections were $947,416. The buyer’s projected income after debt services at current income and expense levels is $213,051.
Practice Details:
- 3,600 square foot clinic
- 8 operatories
- Open Dental software
- Newer CBCT
- X-rays with 4 sensors
- Belmont and Forest op equipment
- Carestream scanner
- Paperless charting
- Plumbed NO2
- Sedation equipment
- Large staff work area with stations
- Consult room
- 2 financial offices
- 2 common area restrooms
- Lab, sterilization
- Surgical equipment
- Staff lounge and laundry
- Private parking lot with 6 reserved spaces
- Buyer’s projected income $213,051