REDUCED PRICE for Prime Practice in Northeast Texas! Northeast Texas – General – Listing #1798 SHARE LISTING Established in 1978, this ideal and well-known general practice is located on one of the busiest streets in the area with excellent signage near retail stores and restaurants. In addition to remodeling the practice inside and out within the last 5 years, the owner installed new patient chairs, operator chairs, and assistant chairs, giving this office the modernized feel you want. The practice is well equipped with three operatories for the dentist and one operatory for hygiene, as well as digital x-rays available in each operatory, a pano and 3D CBCT machine, intraoral cameras in each operatory, and plumbed nitrous. The total active patient count over the last eighteen months is 1,027, and the practice averages 32 new patients per month. The practice is represented by the owner to earn approximately 25% of its income from Medicaid in 2020. The Practice is credentialed with Texas medicaid for certain medical procedures such as: bone grafts, Platelet-rich fibrin, and bone debridement. The practice is not credentialed with medicaid for general dental procedures and is not in network with any PPO’s but does process claims for patients who have insurance. This practice is known for its comprehensive dentistry and has become the place to go for implants in the area. Request More Info PRACTICE HISTORY Year Practice Was Established in Current Area: 1978 Year Practice Was Established in Current Location: 1978 Seller Purchased Practice: Yes Year Seller Purchased Practice: 2012 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 Average Number of Days Hygiene Dept. Works per Week: 3.5 PATIENT BASE Approximate total active patients: 1027 (past 18 months) Approximate total active patients on hygiene recall: 524 (past 18 months) Average number of new patients per month: 32 Approximate percentage of practice income breakdown: FFS and Cash: 75% Medicaid: 25% LEASE INFORMATION PRODUCTION BREAKDOWN COLLECTIONS Gross Annual Collections for 2023: $1,985,565 Gross Annual Collections for 2022: $1,113,526 Gross Annual Collections for 2021: $1,001,707 FACILITY Total Number of Equipped Operatories: 4 Operatories Equipped for Dentist: 3 Operatories Equipped for Hygiene Department: 1 Facility Space (sq ft): 1,600 Facility Expandable: Yes Type of Building: Free Standing Building Practice Shares Space with Another Practice: No Facility is Owned by Seller: Yes Facility is Available for Purchase: Yes Estimated Property Value: $449,000 EQUIPMENT Average Age of Equipment: 5 Practice Software: Dentrix Level of Computerization: Each Operatory & Front Desk X-Ray Access in Each Operatory: Yes Panorex: Yes Intraoral Camera: Yes Laser: No Cerec: No Nitrous Oxide: Plumbed and In Use