Very Profitable Pediatric Practice!

Northeast of McKinney - Pediatric - Listing #1483


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Great opportunity to own your own Medicaid practice northeast of McKinney, Texas! This completely paperless office boasts a total active patient count over the last eighteen months of 7,063 and an average new patient count over the last twelve months of 61. This 5,500 square feet practice has four operatories equipped for the dentist, two hygienist operatories, plus one additional plumbed but not equipped operatory. 2015 gross collections for this very busy Medicaid practice were $1,218,353.00.




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2009
Year Practice Was Established in Current Location: 2009
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: Yes
Average Number of Days Hygiene Dept. Works per Week: 2.5

PATIENT BASE

Approximate total active patients: 7063 (past 18 months)
Approximate total active patients on hygiene recall: 7063
(past 18 months)

Average number of new patients per month: 61
Approximate percentage of practice income breakdown:
FFS and Cash: 1%
Medicaid: 99%

LEASE INFORMATION

Current Monthly Lease Rate: $4,500
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2015: $1,218,353
Gross Annual Collections for 2014: $1,301,083
Gross Annual Collections for 2013: $1,425,109

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 5,500
Facility Expandable: No
Type of Building: Professional Building Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: Yes
Estimated Property Value: $1,200,000


EQUIPMENT

Average Age of Equipment: 10
Practice Software: Dentrix G4
Level of Computerization: Paperless
X-Ray Access in Each Operatory: No
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use