Fantastic Buy-In Opportunity for Oral Surgeon

West Texas - Oral Surgery - Listing #1679


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Established in 1975, these two very lucrative oral surgery offices are available as a buy-in opportunity. One of the current partners is retiring and would like to sell his portion of the practice which is comprised of two offices.

Each of the offices in this practice is equipped with four operatories, and one of the offices has an almost new VA Tech Cone Beam, while the other office is equipped with a Digital Pano. The practice has a patient base of 40% fee for service, 50% PPO, and 10% Medicaid with 2018 gross collections totaling $2,366,463.

Working only a 3.5 work week, the seller in this dual-ownership practice earned approximately $800,000 last year. This practice is well-known for its longevity in the community as well as its impeccable reputation and loyal referral base. Inquire now to join this practice as a part-owner making a fantastic salary!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1975
Year Practice Was Established in Current Location: 1975
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2003
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 4.0

PATIENT BASE

FFS and Cash: 40%
PPO: 50%
Medicaid: 10%

LEASE INFORMATION

Current Monthly Lease Rate: $2,629

SERVICES REFERRED OUT

Endodontics: All
Implant Surgery: None
Orthodontics: All
Periodontics: All
Surgery: None

COLLECTIONS

Gross Annual Collections for 2018: $2,366,463
Gross Annual Collections for 2017: $2,475,939
Gross Annual Collections for 2016: $3,108,814

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Facility Space (sq ft): 1,800
Facility Expandable: No
Type of Building: Professional Building Complex

EQUIPMENT

Average Age of Equipment: 5
Practice Software: DSN
Level of Computerization: Each Operatory & Front Desk
Digital X-Ray: Yes
Panorex: Yes
Nitrous Oxide: Plumbed and In Use