General Dental Practice in Portland, OR - SE-PORTLAND-OR-LARGE-GENERAL-PRACTICE-FOR-SAIL

About the Practice:
This well-established practice is located on a major arterial in SE Portland and offers a loyal staff, 5 operatories, and excellent visibility. The practice was founded in 1961 and is on its 3rd owner. In 2021 the practice collected $890,000 on just 3 doctor and 6 hygiene days per week. It utilizes Practice-Web software, paperless charts and digital x-rays. There is a newer CBCT, as well as newer implant and endo equipment, compressor, server and up to date computers. The seller, who is moving out of state, refers out ortho, perio surgery, and complicated endo / oral surgeries. Seller also takes between 4 and 6 weeks off per year. There is room for growth with added ortho procedures and additional days.
 
About the Facility:
The free-standing clinic is housed in a 1,700 square foot leased building, with an additional 2/3 basement. In addition to the 5 operatories, the practice includes a reception area, front office, staff lounge, private doctor’s office, sterilization area, and private parking, with separate staff parking. The surrounding area offers retail, residences and other businesses.
 
About the Numbers:
There are approximately 1,276 active patients, with an average of 19 new patients per month. The practice is approximately 60% FFS, and collections were $890,000 in 2021 on 3 doctor and 6 hygiene days per week. The adjusted net income has been consistently over 50%. The buyer’s net income after debt servicing is projected to be approximately $322,000 at the current production and expense levels.
 
Practice Details:

5 operatories
Reception area
Private office
Staff lounge
Sterilization
Practice-Web software
Digital sensors
Newer CBCT, implant, endo equipment, server, compressor
Updated computers
Collected $890,000 in 2021
3 doctor and 6 hygiene days/week
60% FFS
Buyer’s projected net income = $322,000 after debt services
Refers out ortho, perio surgeries, and difficult endo / oral surgeries