Fantastic Ortho Practice in South Texas!

South Texas - Orthodontic - Listing #1852


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This South Texas orthodontic practice has prime visibility with a large sign just off the most trafficked street in the area! This family-oriented practice is located in an expandable 3,100 square feet space inside a professional building with eight dental chairs in an open bay set-up and a ninth chair for a private consultation room, a digital panorex/cephalogram combo, a soft tissue laser, a new digital ceph/pano x-ray unit, four sterilization units (two dry heat units and two steam units), and a well equipped lab with a miniSTAR.

With 375 total active patients, the payment base is 78% fee for service, 20% Medicaid, and 2% HMO/capitation.

This ortho practice is well-known for its caring staff as well as providing excellent customer service and quality dentistry. With a very little being spent on advertising, this practice maintains a healthy influx of new patients from referrals in the area. Inquire now to learn more about this fantastic opportunity!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1990
Year Practice Was Established in Current Location: 1990
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2003
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

PATIENT BASE

Approximate total active patients: 375 (past 18 months)
FFS and Cash: 78%
HMO and Capitation: 2%
Medicaid: 20%

LEASE INFORMATION

Current Monthly Lease Rate: $5,000
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Orthodontics: 100%

COLLECTIONS

Gross Annual Collections for 2021: $406,620
Gross Annual Collections for 2020: $364,544
Gross Annual Collections for 2019: $385,174

FACILITY

Total Number of Equipped Operatories: 9
Operatories Equipped for Dentist: 9
Facility Space (sq ft): 3,100
Facility Expandable: Yes
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

Practice Software: Orthotrac
Level of Computerization: Front Desk Only
Panorex: Yes
Intraoral Camera: No
Laser: Yes
Cerec: No
Nitrous Oxide: Not Plumbed