Fantastic Medicaid Practice - $650,000
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Dallas - General - Listing #1532


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Gorgeous and very profitable Medicaid practice in South Dallas, Texas! This very busy family practice is located in an expandable 2,260 square feet shopping center complex in a highly trafficked metropolitan area with excellent signage. This practice has a total of six equipped operatories (two of which are also equipped for hygiene). While averaging 200 new patients per month, and with gross collections of $1,587,670 in 2015, this digital and completely paperless practice offers low rent and low overhead for excellent profits. The seller of this practice is transitioning due to a permanent move out of state. Price to sell quickly - very motivated seller!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 1995
Year Practice Was Established in Current Location: 2000
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2012
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 Doctors Work per Week: 5.0

PATIENT BASE

Average number of new patients per month: 250
Approximate percentage of practice income breakdown:
FFS and Cash: 10%
PPO: 10%
HMO and Capitation: 10%
Medicaid: 70%

LEASE INFORMATION

Current Monthly Lease Rate: $2,989
Lease Expires on: Aug 2021
Lease Assignable: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2015: $1,544,620
Gross Annual Collections for 2014: $1,587,670
Gross Annual Collections for 2013: $1,434,000

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 6
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 2,260
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: 12
Practice Software: Eaglesoft
Level of Computerization: Completely Paperless
X-Ray Access in Each Operatory: No
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Not Plumbed