Very Profitable! Fantastic Opportunity!

San Antonio - General - Listing #1455


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Fantastic General Practice in San Antonio. The ideal candidate for this practice is someone who is willing to work as an associate for 2 to 3 years to receive mentoring from the seller, then purchase the practice at the end of that period. This is a very high-end cosmetic dentistry practice with outstanding demographics. Established in 1980, this practice moved to a new location in 2010, thus giving this 2700 square foot office the reputation and following associated with a long standing practice as well as the updated look of a recently established office. With four totally equipped operatories and two hygiene operatories, this practice serves an active patient base of 1,998 with an average of 57 new patients per month. This practice is 82% fee for service and 18% PPO with advertised gross collections for 2017 at 1,994,674.

Aside from the obvious high marks this practice receives, the owner has recently purchased the newest CEREC available on the market. In addition, the owner has incorporated a dynamic training program for all staff members that includes all aspects of the practice from using the Pano, how to obtain a patient's medical history, seating patient, room orientation, etc. A letter detailing this fantastic training concept will accompany any appraisal information requested.

Don't miss out on this fantastic opportunity!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1980
Year Practice Was Established in Current Location: 2010
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2010
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: 4.5
Average Number of Days Hygiene Dept. Works per Week: 4.5

PATIENT BASE

Approximate total active patients: 1998 (past 18 months)
Approximate total active patients on hygiene recall: 2246
(past 18 months)

Average number of new patients per month: 57
Approximate percentage of practice income breakdown:
FFS and Cash: 82%
PPO: 18%

LEASE INFORMATION

Current Monthly Lease Rate: $5,850
Lease Expires on: 5-31-2018
Lease Assignable: Yes
Options to Renew: No

SERVICES REFERRED OUT

Endodontics: Some
Implant Surgery: Some
Orthodontics: Some
Pediatrics: Some
Periodontics: Some
Surgery: Some

COLLECTIONS

Gross Annual Collections for 2017: $1,994,674
Gross Annual Collections for 2016: $2,046,488
Gross Annual Collections for 2015: $2,179,212

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 2,700
Facility Expandable: No
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 5
Practice Software: Eaglesoft
Level of Computerization: Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: Yes
Nitrous Oxide: Not Plumbed