PRACTICE DESCRIPTION

About the Practice: This practice is located in the highly desirable city of Hillsboro, OR, with excellent proximity to large employers, including Nike and Intel. The current dentist has owned the practice for nearly 10 years and remodeled the practice in 2022. There are 4 fully-equipped operatories, with room for a 5th. Collections in 2024 were over $1,300,000 on 3.5 doctor and 6 hygiene days per week. The practice utilizes Open Dental software, Dexis sensors, a pano and paperless charts. The practice saw over 2,000 patients in 2024, with 40-50 new patients per month, with little to no advertising and several hundred positive Google and FB reviews. The current doctor refers out most surgeries, endo and implant placements, as well as some clear aligners, providing ample opportunity for growth with expanded procedures and days.   About the Facility: The practice is situated on a main thoroughfare in the growing community of HIllsboro, with a billboard facing the main street and over 22,000 cars passing daily. The closest general dental practice is a mile away. The clinic is located in an approximately 1,500 square-foot leased space, with easy access to neighborhoods, shopping and restaurants, and large employers including Nike and Intel. In addition to the 4 equipped operatories (with room for a 5th), the office includes a welcoming reception/waiting area, front office, staff lounge, private office, lab, sterilization room, storage area, and ample parking.   About the Numbers: There were over 2,000 patients seen in 2024, with an average of 40-50 new patients per month. The patient base is about 75% insurance and 25% cash. There is currently significant medicaid (65%) being seen in the practice. The practice collected over $1,300,000 on 3.5 doctor and 6 hygiene days per week in 2024. The buyer’s projected net income after debt servicing is projected to be approximately $406,900 at the current production mix and expense levels.     Practice Details: 4 operatories (5th plumbed) Reception/waiting area Front office Staff lounge Lab & sterilization room Open Dental software Paperless charts Digital x-rays & Dexis sensors 2024 collections over $1,300,000 on 3.5 doctor and 6 hygiene days/week Over 2,000 patients seen in 2024 40-50 new patients per month on avg. in 2024 $406,900 buyer’s projected net inc. Refers out most endo, surgeries and implant placements and some invisalign