Motivated Seller in Northern Hill Country!

West Texas - General - Listing #1885


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The owner in this practice is highly motivated to sell and willing to negotiate. This practice is completely paperless and has long served this rural community with a fantastic reputation for providing quality care and comfort to their patients. The practice is located in a free-standing building (also for sale) with fantastic visibility on a very busy thoroughfare through town.

The payment breakdown in this practice is 40% fee for service, 55% PPO, 3% Medicaid, and 2% HMO with a total active patient count over the last eighteen months of 1,540 and an average of 46 new patients per month. The practice is equipped with three operatories (with relaxing window views) plus an additional plumbed operatory for expansion, two wall-mounted x-rays, a Sirona D3352 Pano, and plumbed nitrous that is not currently being used. The facility itself is expandable with space to increase the office size by roughly 700 square feet.

The owner of this practice has nurtured a highly reputable office offering trusted patient relationships and quality care. The new owner of this practice could easily grow the already profitable earnings to greater heights by adding more workdays and offering many currently referred out services.



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2012
Year Practice Was Established in Current Location: 2012
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2021
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 3.0

PATIENT BASE

Approximate total active patients: 1072 (past 18 months)
Approximate total active patients on hygiene recall: 1080
(past 18 months)

Average number of new patients per month: 46
Approximate percentage of practice income breakdown:
FFS and Cash: 40%
PPO: 55%
HMO and Capitation: 2%
Medicaid: 3%

LEASE INFORMATION

Current Monthly Lease Rate: $2,999

PRODUCTION BREAKDOWN

Diagnostic: 15%
Preventive: 2%
Restorative: 7%
Endodontics: 3%
Periodontics: 3%
Prosthodontics, removable: 25%
Prosthodontics, fixed: 35%
Oral Surgery: 10%
Procedures Referred Out: All ortho, implant, third molar, molar endo, sedation

COLLECTIONS

Gross Annual Collections for 2023: $676,751
Gross Annual Collections for 2022: $634,318

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 3
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,000
Facility Expandable: Yes
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes

EQUIPMENT

Average Age of Equipment: 12
Practice Software: Open Dental
Level of Computerization: Completely Paperless
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed but Not In Use


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