Strong General Practice

Dallas - General - Listing #1234


SHARE LISTING
This general dental practice enjoys a strong earnings history, but is ready for growth under the leadership of a younger dentist. This practice operates in an office sharing agreement with two other practices, which allows for a very low overhead of 44 percent! The office includes x-rays and computers in each of the 11 operatories and is located in a professional building. Ideal for patient retention, selling doctor is available to assist and introduce buyers to patients during the transition. With gross collections of $950k and an active patient base of over 3,000. If you are looking for a flourishing practice located in a wonderful community, then this is the practice for you!


PRACTICE HISTORY

Year Practice Was Established in Current Area: 1981
Year Practice Was Established in Current Location: 1986
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1981
Has There Been Partner in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 3.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 3382 (past 18 months)
Approximate total active patients on hygiene recall: 4176
(past 18 months)

Average number of new patients per month: 34
Approximate percentage of practice income breakdown:
FFS and Cash: 60%
PPO: 40%

LEASE INFORMATION

Current Monthly Lease Rate: $2,046
Lease Expires on: 05/2013
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2010: $966,994
Gross Annual Collections for 2009: $951,010

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 3
Facility Space (sq ft): 4,067
Facility Expandable: Yes
Type of Building: Professional Building Complex
Practice Shares Space with Another Practice: Yes

EQUIPMENT

Average Age of Equipment: 8
Practice Software: Dentrix
Level of Computerization: Operatories/Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Nitrous Oxide: Plumbed and In Use