San Antonio, TX Oral Surgery Practice, Listing #1837

Fantastic potential with well-known Oral Surgery and Dental Implant Practice. The selling surgeon currently practices a 3-day week, which could easily become a 5-day work week with a motivated buyer!

The practice is in a spacious 3,250 square foot building that was designed and built for this specific practice. The interior is modern with a minimalistic, hygienic, and high-end aesthetic decor. The practice space includes: 5 surgical suites (all plumbed for nitrous, oxygen and suction), 2 consult rooms, 1 conference room, a nurse's station in the treatment area for the convenience of the surgical staff, lab and sterilization area, a large private surgeon’s office, one wall mounted Sirona Digital Panorex, a spacious breakroom and a handicap accessible bathroom.

The payment breakdown is 50% PPO, 40% FFS, and 10% Medicare. The selling doctor has a broad referral base and has excellent online exposure with 20% of new patients coming from internet searches and reviews.

This surgical office is truly a turnkey practice. The office itself is highly organized, meeting all current compliance standards and human resource management requirements. There is a very well-trained and dedicated staff who stay current with policies and procedures. And of course all necessary up-to-date policy and procedure manuals The selling doctor in this practice is intent on facilitating a smooth transition to a personable, quality-oriented oral surgeon who can continue the legacy of superior clinical treatment and exceptional patient service.

PRACTICE HISTORY
Year Practice Was Established in Current Area: 1986
Year Practice Was Established in Current Location: 2010
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2018
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: 3.0

PATIENT BASE
FFS and Cash: 40%
PPO: 50%
Other: 10%

LEASE INFORMATION
Current Monthly Lease Rate: $8,500
Lease Expires on: 12/31/2024
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN
Diagnostic: 5%
Implant Services: 30%
Oral Surgery: 65%
COLLECTIONS
Gross Annual Collections for 2022: $667,410
Gross Annual Collections for 2021: $703,267
Gross Annual Collections for 2020: $689,366

FACILITY
Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 3,250
Facility Expandable: Yes
Type of Building: Professional Building Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No

EQUIPMENT
Average Age of Equipment: 15
Practice Software: WinDentOMS-Cloud
Level of Computerization: Completely Paperless
Panorex: Yes
Intraoral Camera: No
Laser: No
Nitrous Oxide: Plumbed and In Use