Well Established General Practice

Richardson - General - Listing #1374


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Established in 1983, this general dental practice is located in the heart of the Dallas/Fort Worth metroplex area. The total active patient count of 266 for this practice will soon be increased to approximately 650 due to a merger opportunity. The payment brerakdown for this practice is 50% fee for service and 50% PPO. The dentist in this practice works only a two and a half day work week, so this is a great opportunity for an energetic dentist to purchase and grow a practice.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 1983
Year Practice Was Established in Current Location: 1985
Seller Purchased Practice: No
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: 2.5
Average Number of Days Hygiene Dept. Works per Week: 1.0

PATIENT BASE

Approximate total active patients: 525 (past 18 months)
Approximate total active patients on hygiene recall: 266
(past 18 months)

Average number of new patients per month: 20
Approximate percentage of practice income breakdown:
FFS and Cash: 50%
PPO: 50%

LEASE INFORMATION

Current Monthly Lease Rate: $1,995
Lease Expires on: 05/31/2014
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2014: $188,660
Gross Annual Collections for 2013: $184,670
Gross Annual Collections for 2012: $197,101

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Facility Space (sq ft): 1,220
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 22
Practice Software: Softdent
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: Yes
Digital X-Ray: No
Panorex: No
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use