DOWNTOWN PORTLAND MEDIUM GENERAL PRACTICE FOR “SAIL”!
$509,095 + A/R
About the Practice:
This general practice is located in downtown Portland, and is is a great opportunity for a dentist that desires work/life balance, or would like another practice to merge with their existing practice. The seller has owned and operated the practice for nearly 2 decades and collected over $700,000 in 2022 on 3.5 doctor and 5+ hygiene days per week. The practice offers 4 operatories with potential for a 5th and utilizes Dentrix practice software and digital x-rays. There is a plethora of opportunity for growth, with the current doctor working 3.5 days per week, doing limited marketing, and referring out implant placement, ortho, endo and most surgeries.
About the Facility:
The clinic is housed in a leased, approximately 2,100 square foot building in a professional building downtown. In addition to the 4 operatories (with potential for a 5th), the practice includes a reception area, front office, lab, sterilization area, private office, staff lounge and private restroom. There is ample parking nearby.
About the Numbers:
There are approximately 1,335 active patients, with an average of 7 new patients per month with no active marketing. The collections were over $700,000 on 3.5 doctor and 5+ hygiene days per week in 2022. The practice contracts with Delta Premier and PPO. The adjusted net income in 2022 was $218,939. The buyer’s net income after debt servicing is projected to be approximately $151,397 at the current production and expense levels.
Lab & sterilization
Private office and restroom
Collections over $700,000 in 2022
Refers out endo, most surgeries, ortho and implant placement
3.5 doctor and 5+ hygiene days/week
Limited PPO contracts – Delta Premier and PPO only
Adjusted net income $218,939 in 2022
Buyer’s projected net income is approximately $151,397 after debt services