PRACTICE DESCRIPTION

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 PPO’s, and the practice’s 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 buyer’s 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 mo’s 6-7 new patients per month 3-year-avg. collections $400,000 Buyer’s projected net income = $150,000