Beaumont Area - General - Listing #1900
High grossing general practice in a highly trafficked area East of Beaumont! Established in 1979 and relocated in 1991, this fantastic practice has a total of SEVEN operatories in a 3,600 square feet (and FLOOD-PROOF!) free-standing building that is also for sale!
With an impressive 5,000 active patients, this practice averages 20 new patients per month, and has a payment breakdown of 20% fee for service, 40% PPO, and 40% Medicaid with yearly collections averaging in excess of $1.3M. The current owner in this well-maintained practice is willing to work back in the practice for 12 months to offer guidance to the new owner and ensure a successful transition.
This practice is well equipped with 5 wall-mounted x-rays, a Carestream 8100 Pano/CBCT scanner with ceph attachment, 2 intraoral cameras, a laser with electro-cautery machine, mobile nitrous, a CNC Cerec crown machine, Primescan intraoral scanner, and new cabinetry that was installed in 2019.
Other benefits that make this practice attractive are the long-term staff who are very versed in their abilities to do their jobs while also ensuring the well-being of patients at all times. With 4 assistants and 3 hygienists, this practice is well-staffed to assist the new owner into the future!
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PRACTICE HISTORY
Year Practice Was Established in Current Area: 1979
Year Practice Was Established in Current Location: 1991
Seller Purchased Practice: No
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0
PATIENT BASE
Approximate total active patients: 5000 (past 18 months)
Approximate total active patients on hygiene recall: 580
(past 18 months)
Average number of new patients per month: 20
Approximate percentage of practice income breakdown:
FFS and Cash: 20%
PPO: 40%
Medicaid: 40%
LEASE INFORMATION
PRODUCTION BREAKDOWN
Diagnostic: 12%
Preventive: 12%
Restorative: 12%
Endodontics: 6%
Periodontics: 2%
Prosthodontics, removable: 6%
Implant Services: 2%
Prosthodontics, fixed: 27%
Oral Surgery: 10%
Orthodontics: 7%
Adjunctive General Services: 2%
Procedures Referred Out: Difficult root canal therapy, difficult impactions, connective tissue grafts, biopsies
COLLECTIONS
Gross Annual Collections for 2022: $1,338,183
FACILITY
Total Number of Equipped Operatories: 7
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 3
Facility Space (sq ft): 3,600
Facility Expandable: Yes
Type of Building: Free Standing Building
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes
EQUIPMENT
Average Age of Equipment: 15
Practice Software: Carestream Sensei
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Portable Unit