Prime Practice for Sale in East Texas! - #1798

Public Overview

Status Type

For Sale

Practice Type

General

Opportunity Type

Practice for Sale

Transition Type

Sell Practice and Leave

State

Texas

Region

East Texas

City or Advertised Area

East Texas

Description

Established in 1978, this ideal and well-known general practice is located on one of the busiest streets in the area with excellent signage near retail stores and restaurants. In addition to remodeling the practice inside and out within the last 5 years, the owner installed new patient chairs, operator chairs, and assistant chairs, giving this office the modernized feel you want. The practice is well equipped with three operatories for the dentist and one operatory for hygiene, as well as digital x-rays available in each operatory, a pano and 3D CBCT machine, intraoral cameras in each operatory, and plumbed nitrous. The practice maintains a 90% fee for service with approximately 10% medical Medicaid income from bone grafting and other oral surgery procedures (all medical medicaid are ultra-high production/collection scenarios). The total active patient count over the last eighteen months is 1043, and the practice averages 25 new patients per month. With more time taken off this year than ever before and only treating patients for 24 hours each week, the owner is anticipating this year’s collections to top $1M. This practice is well-known for its comprehensive dentistry and has become the place to go for implants in the area. The owner of this practice also owns the real estate and is willing to sell the real estate along with the practice. In addition, there is additional space on one side of the building for expansion purposes. Following the sale of the practice, the owner is willing to work back part time to perform oral surgery procedures.

Listing Reference Number

1798

Public Facility & Practice

Office Space (Square feet)

1600

Equipped Operatories (#)

4

Public Insurance Breakdown (By %)

Cash

90%

Medicaid

10%

Public Practice Info

Number of Days Worked per week

4

Public Patient Info

Number of Active Patients

1043

Number of New Patients

25

Public Faculty Info

Location

-

Number of Parking Spots

10

Facility Owned by seller

Yes

Property Value

379000

Hygiene Operatories

1

Expandable

Yes

Intra Oral Camera

Yes

Average Age Equipment

5

Public Financial Info

This Year Prior

1001240

Two Year Prior

896749

Three Year Prior

976646

Public Transaction Info

Practice Gross

1001240

Broker Contact Info

Earl Douglas, a dental practice broker for ADS South

Frank J. Brown, JD, LL.M.

469-222-3200
jeremy@adstexas.com