General Dental Practice in Salem, OR - SALEMOR_MID-LARGE
General
practice
About the Practice:
This profitable practice has been located in Salem, OR for over 30 years. The clinic has 4 operatories and is wonderfully appointed. It is largely fee-for-service and on track to collect approximately $663,000 on 3 doctor and 4.5 hygiene days/week. The practice utilizes Daisy practice software, has paperless charts, and is equipped with a CBCT, digital x-rays and medical grade air purification units. The practice does limited marketing and refers out ortho, difficult endo and 3rds, and some implant placements. This is a great opportunity for a doctor looking to take over an established practice and grow.
About the Facility:
The practice is located in a beautiful stand-alone building, which offers nearly 3,000 sf, wonderful natural lighting, 4 operatories, a welcoming reception/waiting room area, private office, business office, staff lounge, lab, sterilization room, and 2 restrooms. There is also additional space that is currently used for storage that could be utilized for practice expansion. There is both a private parking lot, as well as ample street parking available.
About the Numbers:
The clinic has a robust hygiene department, averaging 35% in the last 3 years. There are approximately 920 active patients (24 month timeframe) with an average of 14 new patients per month year to date and increasing each month. The practice is on track to collect approximately $663,000 in 2023, with an adjusted net income of 41%. The practice is in network with Delta Dental Premier and BCBS. At the current production and expense levels, the buyer’s net income is projected to be $204,577 after debt servicing.
Practice Details:
4 operatories
Daisy software
Paperless charts
CBCT
Digital x-rays
Reception/waiting room area
Private office & business office
Staff lounge
Lab & sterilization room
3,000 SF building
Collections on track to be ~$663,000 in 2023
Hygiene consistently over 35%
Average of 14 new patients/month
3 doctor and 4.5 hygiene days/week
Adjusted net income 41% in 2023
Refers out difficult Endo and 3rds, ortho and some implant placements
Buyer’s projected net income is $204,577 after debt service