General Dental Practice in Salem, OR - NORTH-SALEM-OR-MID-SIZE-GENERAL-DENTAL-PRACTICE

$275,000
Sold

General practice

4 operatories
2520 sq. ft.
$608,200 in annual collections

About the Practice:
This 4-operatory practice is located in North Salem with excellent visibility and opportunity for growth. Collections were $608,200 in 2023 on 3 (7 hour) dentist days and 6 hygiene days per week. This could be a great option for a dentist looking to grow and move into his/her own building. Opportunity abounds for significant expansion of the space and 4 more operatories!! There is also potential to add procedures, hours and marketing. The practice has Eaglesoft software, paperless charts, digital X-rays and a pano. The seller currently does no marketing and refers out molar endo, OS, ortho and implant placements.
 
About the Facility:
The practice is housed in a free-standing ~2,520 square foot building. The space that the practice currently occupies is ~1,260 square feet. There is an additional ~1,260 square foot space adjacent to the practice that it could be expanded into to double the size. There are currently 4 operatories, a waiting room, 2 restrooms, a lab, sterilization, and staff lounge. There is private parking onsite.
 
About the Numbers:
There are currently 838 active patients with 14 new patients per month and the practice is contracted with most PPO’s, but no OHP/medicaid. Collections were $608,200 in 2023 with a current net income of approximately $200,000.
 
Practice Details:

4 operatories with room to expand
1,260 sf currently that may be doubled
Eaglesoft software
Paperless charts
Pano
Collections $608K in 2023
12 new patients per month
Seller’s Net Income currently approx. $200,000

 

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