Fantastic General Practice in Port Arthur!
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Port Arthur - General - Listing #1659


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Earn over $370,000 after debt service in this Port Arthur practice! This low overhead practice operates profitably with no advertising or community involvement. Established in 1995, this six-operatory practice is located in an expandable 2350 square feet stand-alone building.

The total active patient count is 1,732 over the last eighteen months and the practice averages 41 new patients per month. The patient payment breakdown is 70% PPO, 15% fee for service and 10% Medicaid. Don’t delay – inquire now to own this fantastic practice and the real estate!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1995
Year Practice Was Established in Current Location: 2003
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2014
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: 4.0

PATIENT BASE

Approximate total active patients: 1732 (past 18 months)
Average number of new patients per month: 41
Approximate percentage of practice income breakdown:
FFS and Cash: 15%
PPO: 75%
Medicaid: 10%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2018: $979,007
Gross Annual Collections for 2017: $887,312
Gross Annual Collections for 2016: $714,530

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 6
Facility Space (sq ft): 2,350
Facility Expandable: Yes
Type of Building: Free Standing Building
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes

EQUIPMENT

Average Age of Equipment: 8
Practice Software: Eagle Soft
Level of Computerization: Completely Paperless