San Antonio - General - Listing #1823
This general practice with a great recall system is available in downtown San Antonio near many new apartments currently under construction. The practice is minutes away from the historic Pearl and the Alamo with convenient access to bus lines that stop directly in front of the practice!
The practice is currently equipped with two operatories (plus additional space that could be converted to add at another operatory). The practice is also equipped with two wall-mounted x-rays, a panorex, and plumbed nitrous.
The practice maintains a 21% fee for service, 73% PPO, and a 6% Medicaid payment breakdown while averaging 25 new patients per month. The active patient count is 3,858 with a very good recall system.
The owner in this practice is willing to work back part-time for the buyer to help facilitate a successful transition (please ask about these details). This practice is known for its longevity in the area and the special attention and customized service to patient needs. With the current dentist referring out many services and working a reduced work schedule, this is a wonderful opportunity for any buyer ready to grow the practice!
PRACTICE HISTORY
Year Practice Was Established in Current Area: 1981Year Practice Was Established in Current Location: 1986
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1984
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: 4.5
PATIENT BASE
Approximate total active patients: 3858 (past 18 months)Approximate total active patients on hygiene recall: 431
(past 18 months)
Average number of new patients per month: 25
Approximate percentage of practice income breakdown:
FFS and Cash: 21%
PPO: 73%
Medicaid: 6%
LEASE INFORMATION
Current Monthly Lease Rate: $1,507Lease Expires on: 7/31/2023
Lease Assignable: Yes
Options to Renew: Yes
PRODUCTION BREAKDOWN
Diagnostic: 21%Preventive: 11%
Restorative: 38%
Endodontics: 6%
Periodontics: 3%
Prosthodontics, removable: 7%
Implant Services: 1%
Prosthodontics, fixed: 3%
Oral Surgery: 3%
Adjunctive General Services: 2%
Procedures Referred Out: Molar Endodontics, Orthodontics, Periodontal Surgery, Impacted 3rd Molars
COLLECTIONS
Gross Annual Collections for 2021: $526,024Gross Annual Collections for 2020: $521,237
Gross Annual Collections for 2019: $556,026
FACILITY
Total Number of Equipped Operatories: 2Operatories Equipped for Dentist: 2
Additional Operatories Plumbed but not Equipped: 2
Facility Space (sq ft): 880
Facility Expandable: No
Type of Building: Professional Building 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: 15Practice Software: Dentrix
Level of Computerization: Front Desk Only
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use