High Grossing Practice in Midland/Odessa Area!

West Texas - General - Listing #1539


SHARE LISTING

All fee-for-service practice located in an under-served, traffic-free, and relaxed area near Midland/Odessa! With advertised gross collections totaling an impressive $697,881, this practice is a wonderful opportunity for a foreign educated doctor who could acquire a Visa from a city sponsorship. The new doctor could easily make $250,000 per year with no competition. The owner in this practice refers out $150,000 per year in endodontic and orthodontics so you could also increase your collections if you kept those services in house.

This practice is located in a 2,500 sq. ft. free standing building with three operatories and an additional plumbed but not equipped operatory if you would like to expand. The practice is also equipped with a Pano and plumbed nitrous. The total active patient count over the last eighteen months is 2,580 and the practices averages 34 new patients per month.

Inquire for more information on this fantastic opportunity in a rural setting.




PRACTICE HISTORY

Year Practice Was Established in Current Area: 1979
Year Practice Was Established in Current Location: 1979
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: No
Average Number of Days Doctors Work per Week: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 2193 (past 18 months)
Approximate total active patients on hygiene recall: 2052
(past 18 months)

Average number of new patients per month: 34
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2017: $697,881
Gross Annual Collections for 2016: $673,471
Gross Annual Collections for 2015: $677,273

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,500
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes
Estimated Property Value: $240,000


EQUIPMENT

Average Age of Equipment: 12
Practice Software: Compudent
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: No
Digital X-Ray: No
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use