Centrally Located Mostly Medicaid Practice!

Arlington - General - Listing #1810


SHARE LISTING

This high potential mostly Medicaid practice in Arlington, Texas near densely populated neighborhoods is primed and ready for growth! The practice is located in a 3,300 square feet shopping strip space with 4 equipped operatories, plus 2 additional operatories that are plumbed but not equipped. The practice is also equipped with a mobile x-ray unit and several batteries, a Soredex Cranex Novus Pano, a 2 Mouthwatch Intraoral Camera, and plumbed nitrous.

This paperless practice averages 50 new patients per month, and the total active patient count over the last 18 months is 1785. With a newly gained pride in ownership and a great work ethic, a new and energetic owner could easily grow this dental practice to much greater heights.

This practice is known for its dedicated and caring staff who offer great hospitality to the patients to make them feel welcome and ease treatment anxiety. Inquire now to own this centrally located fantastic Medicaid practice!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2010
Year Practice Was Established in Current Location: 2010
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: 4.5
Average Number of Days Hygiene Dept. Works per Week: 4.5

PATIENT BASE

Approximate total active patients: 1785 (past 18 months)
Average number of new patients per month: 50
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 15%
Medicaid: 80%

LEASE INFORMATION

Current Monthly Lease Rate: $6,237
Lease Expires on: 7/31/2025
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Restorative: 20
Endodontics: 1
Periodontics: 1
Prosthodontics: 3
Oral Surgery: 5
Other: 70 - Pedo

COLLECTIONS

Gross Annual Collections for 2020: $480,000
Gross Annual Collections for 2019: $510,075
Gross Annual Collections for 2018: $885,379

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 4
Additional Operatories Plumbed but not Equipped: 2
Facility Space (sq ft): 3,300
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 10
Practice Software: Open Dental
Level of Computerization: Completely Paperless
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use