General Practice with Medicaid! Garland – General – Listing #1904 SHARE LISTING Established in 2011, this well-established Garland practice with great visibility is located near a major thoroughfare. This 2100 square feet practice is well equipped with four operatories, plus two additional operatories that are plumbed but not equipped. The practice also has two wall mounted x-rays, 1 mobile x-ray, a CS8100 Pano, an intraoral camera, and nitrous. The payment breakdown in the practice is 35% PPO,25% FFS, and 30% Medicaid with 2023 collections on track to reach $425,000. The practice has a total active patient count over the last eighteen months of 1,278 and averages 30 new patients per month. This practice has a 4.9 Star Google rating and is well-known in the community for providing quality dentistry services and trusting relationships with patients. A new and energetic buyer could take this practice to greater heights by adding another work-day and bringing in more difficult procedures to take advantage of the two extra operatories that are plumbed and ready to be equipped! Request More Info PRACTICE HISTORY Year Practice Was Established in Current Area: 2011 Year Practice Was Established in Current Location: 2011 Seller Purchased Practice: No Has There Been Partner in the Practice the Past Three Years: Yes 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: 1278 (past 18 months) Approximate total active patients on hygiene recall: 638 (past 18 months) Average number of new patients per month: 30 Approximate percentage of practice income breakdown: FFS and Cash: 25% PPO: 35% Medicaid: 30% LEASE INFORMATION Current Monthly Lease Rate: $2,363 Lease Expires on: 2026 Lease Assignable: Yes Options to Renew: Yes PRODUCTION BREAKDOWN Diagnostic: 21% Preventive: 12% Restorative: 19% Endodontics: 3% Periodontics: 16% Prosthodontics, removable: 5% Prosthodontics, fixed: 14% Oral Surgery: 9% Orthodontics: 1% COLLECTIONS Gross Annual Collections for 2022: $423,951 Gross Annual Collections for 2021: $483,073 Gross Annual Collections for 2020: $456,574 FACILITY Total Number of Equipped Operatories: 4 Operatories Equipped for Dentist: 4 Additional Operatories Plumbed but not Equipped: 2 Facility Space (sq ft): 2,100 Facility Expandable: Yes Type of Building: Shopping Center 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: 6 Practice Software: Open Dental Level of Computerization: Each Operatory & Front Desk Panorex: Yes Intraoral Camera: Yes Laser: No Cerec: No Nitrous Oxide: Portable Unit