MI216554

 Lansing, Michigan

 Ingham County

Call For Pricing

General Practitioner

Date Listed: May 1st, 24

Tell Me More About This Property

apps

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SQ.FT

4

OPERATORIES

people

2064

ACTIVE PATIENTS

today

4

DAYS OPEN PER WEEK

Description

Well-established practice for sale located in a small town outside of Lansing. The Practice is open 4 days per week and the doctor sees approximately 8-9 patients per day. The Practice has 1 full-time and 2 part-time hygienists who see ~72 patients per week. Doctor production is booked out 4 weeks while Hygiene is booked out 6-9 months in advance. The Practice is fully computerized, digital, and utilizes Open Dental practice management software. The office is equipped with an EOS extraoral suction unit, intraoral camera, Diagnodent, VELscope, and digital Pan-Ceph which is upgradable to 3D.  Additionally, the office has a new server and new landscaping. The Practice’s patient base is ~9% Fee-for-Service with the remaining ~91% PPO.  The practice has ~2,064 total active patients seen in the past 24 months and averages 19 new patients per month. The Practice averages $1.1M in production, $819K in collections, and a 62% overhead.

Built in 2013, the building is 7,000 sq ft total with the Practice encompassing approximately 3,500 sq ft.  The practice sale is contingent on a separate but simultaneous sale of the building at fair market value. The office has 4 operatories, of which 2 are used for hygiene, and has room for 2 additional operatories which are plumbed, but unfurnished.

The ideal candidate is interested in purchasing the real estate, has some experience, and is comfortable with the seller working back for a short period to help transition the practice.