General Dental Practice in Oregon - CENTRAL-OREGON-MID-LARGE-PRACTICE-FOR-SAIL
General
practice
About the Practice:
This beautiful, well-appointed dental clinic is located in a growing town in Central Oregon. It has been owned by the current doctor for nearly 30 years and in its current location for 19. It is equipped with 5 operatories with potential to expand the office to include 2 additional. The office collected over $950,000 in 2021 on 4 doctor and 7 hygiene days. The clinic utilizes Practiceworks software, paper and digital charts, digital x-rays, and has a panoramic x-ray. The practice does limited marketing and refers out most endo, some surgery, and all removable prosthodontics.
About the Facility:
The clinic is approximately 2,300 square feet. In addition to the 5 operatories, there is an inviting reception area, private doctor’s office, business office, staff lounge, lab, sterilization, and 3 restrooms. The building is owned by the doctor and may be available for future purchase through the seller’s attorney or agent. There is additional space in the building that could be used for practice expansion. The office is equipped with Adec chairs, deliveries, and cabinetry. The equipment is in good condition and includes some new items, including a patient chair and Trios 4 scanner.
About the Numbers:
There are approximately 1,272 active patients (seen in last 18 months), with an average of 11 new patients per month. The clinic is roughly 72% fee for service and 28% insurance. The clinic collected $952,676 in 2021 and had an adjusted net income of $381,379 (41% of collections). The buyer’s net income after debt servicing is projected to be $280,596 at the current production and expense levels.
Practice Details:
2,300 square feet
5 operatories
Reception area
Private doctor’s office
Business office
Staff lounge
Lab & sterilization
Adec chairs, deliveries, and cabinetry
Practiceworks software
Paper charts
Digital x-rays
Panoramic x-ray
$950,000 collections in 2021
4 doctor and 7 hygiene days
1,272 active patients
11 new patients per month
72% FFS and 28% PPO
Buyer’s projected net income = $280,596
Refers out most endo, some surgery, and all removable prosthodontics