About the Practice:
This profitable general practice is located in a beautifully updated space in Portland proper. It is an excellent opportunity as a modified start-up or specialty practice. It would also be ideal for someone nearby looking to relocate to a newer space, with the added benefit of an existing patient base and great staff. It was remodeled in 2017 and currently has 4 equipped operatories, with potential for 2 more. The practice collected approximately $487,000 in 2024 on just one doctor day and 2 hygiene days per week. It utilizes Eaglesoft software, has paperless charts, digital x-rays, a pano and endo and implant equipment.
About the Facility:
The clinic is housed in an approximately 3,000 square-foot leased space that offers great visibility and street presence. In addition to the 4 equipped operatories, there is a beautiful front office and waiting room, consult room, 2 private offices, staff lounge, sterilization and lab, and lots of storage. The building also offers a parking garage on site, as well as a gym and showers for their tenants.
About the Numbers:
There were approximately 476 patients seen in the last 24 months, with an average of 6-7 new patients per month, with no advertising. The clinic is in contract with most PPOs, and the practices average collections for the last 3 years is approximately $400,000. The average adjusted net income over in 2024 years was approximately 38% of collections. The buyers net income after debt servicing is projected to be approximately $150,000 at the current production and expense rates.
Practice Details:
4 equipped operatories (2 more possible)
Reception area
Front office
2 Private offices
Lab & sterilization
Consult
~3,000 square feet
Eaglesoft software
Paperless charts
Digital x-ray
Pano
Collected $487,000 in 2024
1 doctor & 2 hygiene days/week
359 patients seen in last 12 mos
6-7 new patients per month
3-year-avg. collections $400,000
Buyers projected net income = $150,000
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