Green Sail is happy to announce another outstanding practice purchase opportunity!
$754,959 PLUS A/R
About the Practice:
This large, turnkey general dental practice has been in its current location in Woodburn, OR for 11 years and owned by the current doctor since 1999. The clinic has 5 operatories and collected $1,018,035 on 4 doctor and 6 hygiene days per week in 2021. It utilizes Dentrix practice software, paperless charts, digital x-rays, and has a panoramic x-ray. The practice currently does limited marketing and the doctor refers out some endo and surgical.
About the Facility:
The 2,400 square foot clinic is housed in a 4,400 square foot building that is owned by the seller and will be leased to the buyer of the practice for the foreseeable future. In addition to the 5 operatories, the practice includes a reception area, front office, staff lunge, consult area, private doctor’s office, lab, sterilization room, and has plenty of parking for staff and patients.
About the Numbers:
There are approximately 1,204 active patients with an average of 19 new patients per month. The clinic is 70% PPO and 30% FFS. The practice collected $1,018,035 in 2021 on 4 doctor and 6 hygiene days per week. The average adjusted net income for the last three years was $358,595 (37% of collections). The buyer’s net income after debt servicing is projected to be $234,363 at the current production and expense levels.
- 5 operatories
- Reception area
- Front office & private office
- Staff lounge
- Consult room
- Lab & sterilization
- Dentrix software
- Paperless charts
- Digital x-rays
- Collected $1,018,035 in 2021
- 4 doctor and 6 hygiene days/week
- 70% PPO & 30% FFS
- Average 3-year adjusted net income = $358,595 (37% of collections)
- Buyer’s projected net income = $234,363
- Refers out endo and surgery