Affluent Suburban Dental Practice
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Colleyville - General - Listing #1233


SHARE LISTING
Located in a prestige community in the Mid-Cities area of Tarrant County. This General Dentistry practice was established in 2005 in an upper-middle class area surrounded by master planned communities, with both established affluent neighborhoods and new construction . Operates in a high traffic shopping center with an amazing location and plenty of parking. With 2 operatories and less than 6 years old; portable nitrous and an average of 22 patients per month. The dentist plans on moving out of the country and is motivated.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 2005
Year Practice Was Established in Current Location: 2005
Seller Purchased Practice: No
Average Number of Days Doctors Work per Week: 4.0
Average Number of Days Hygiene Dept. Works per Week: 0.0

PATIENT BASE

Approximate total active patients: 1699 (past 18 months)
Average number of new patients per month: 22
Approximate percentage of practice income breakdown:
FFS and Cash: 20%
PPO: 80%

LEASE INFORMATION

Current Monthly Lease Rate: $2,900
Lease Expires on: 11/30/2014

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2010: $422,223
Gross Annual Collections for 2009: $430,893
Gross Annual Collections for 2008: $432,484

FACILITY

Total Number of Equipped Operatories: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,275
Facility Expandable: No
Type of Building: Shopping Center Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No

EQUIPMENT

Average Age of Equipment: 6
Practice Software: Dentrix
Level of Computerization: Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Nitrous Oxide: Not Plumbed