Newly Updated Practice in Mesquite

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Mesquite - General - Listing #1931


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Updated in 2021 with new paint, flooring, furniture, and server, this general practice is located in a busy area near shopping areas, neighborhoods, and restaurants. While the current patient base in this practice is 75% PPO, 15% Medicaid, and 5% Fee for Service, the current owners are gradually moving away from Medicaid and more towards PPO patients. The total active patient count is 1,394 and the practice averages 15 new patients per month.

The practice is located in a 1,762 square feet shopping center complex with 4 operatories and an additional operatory that is plumbed and equipped (except for a dental chair). The practice is also equipped with 4 wall mounted X-rays, a Acteon X-Mind Pano (new in 2022), an intraoral camera, a rented Primescan intraoral scanner, and plumbed and in-use nitrous.

This practice is well known in the area for its quality services and reputation. The ideal buyer for this practice is someone a who prefers a PPO practice offering adult dentistry. The services currently being referred out include ortho, endo, oral surgery, and implants.

The current owners are motivated to sell and are currently updating the front signage so that the new owners are set for success!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1990
Year Practice Was Established in Current Location: 1990
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2021
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 4.0

PATIENT BASE

Approximate total active patients: 1395 (past 18 months)
Approximate total active patients on hygiene recall: 937
(past 18 months)
Average number of new patients per month: 15
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 80%
Medicaid: 15%

LEASE INFORMATION

Current Monthly Lease Rate: $2,129
Lease Expires on: 6/30/2028
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 17%
Preventive: 11%
Restorative: 25%
Endodontics: 2%
Periodontics: 4%
Prosthodontics, removable: 5%
Implant Services: 1%
Oral Surgery: 3%
Orthodontics: 3%
Adjunctive General Services: 1%
Other Services: 1
Procedures Referred Out: Ortho, Endo, OS, Impants

COLLECTIONS

Gross Annual Collections for 2023: $571,688
Gross Annual Collections for 2022: $966,183
Gross Annual Collections for 2021: $549,469

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,762
Facility Expandable: Yes
Type of Building: Shopping Center Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 10
Practice Software: Dentrix
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: Yes
Nitrous Oxide: Plumbed and In Use


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