General Dental Practice in Portland, OR - NE-PORTLAND-MID-SIZE-GENERAL-PRACTICE-BUILDING-FOR-SAIL

About the Practice:
Located near two major highways in NE Portland, the practice has been in its current location for 34 years. It has 4 operatories (with potential for more) and collected $589,124 in 2021 on 4 doctor and 4 hygiene days per week. It has paper charts and utilizes Daisy practice software. The current doctor does not actively market and refers out endo, full dentures, and all surgeries, leaving significant room for growth. The asking price of the practice has been significantly discounted from the actual appraised value to account for upcoming, unrelated staff departures that will need to be addressed by the buyer. The seller is very motivated.
 
About the Facility:
The clinic is 1,430 square feet and is housed in a 4,012 square foot building that is also available for purchase through Doug Bean & Associates, Inc. In addition to the dental clinic suite, there are two additional suites, one of which is vacant and could be used for expansion. In addition to the 4 operatories, the practice includes a private doctor’s office, reception area (shared), front office, lab, sterilization area, staff lounge, dark room, and 2 restrooms. There is also a private parking lot with 16 spaces that is shared between the 3 suites.
 
About the Numbers:
The clinic has approximately 700 active patients. It collected $589,124 in 2021 on 4 doctor and 4 hygiene days per week. Over the last 3 years, the practice’s adjusted net income has been around 40% of collections.
 
Practice Details:

4 operatories (potential to expand)
Collected $589,124 in 2021
4 doctor & 4 hygiene days/week
Paper charts
Daisy practice software
Private doctor’s office
Shared reception room
Front office
Lab
Sterilization area
Staff lounge
Dark room
2 restrooms
Private lot w/16 spaces
Approx. 700 active patients
Adj. net income 40% of collections