Great Location

Plano - General - Listing #1412


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Established in 1995, this general practice offers a rare opportunity to enter the desirable Plano marketplace with marketing opportunities throughout southern Collin County. This practice boasts a 51% fee for service and a 49% PPO with annual gross collections of $420,000.00. The selling dentist owns the office condominium where the 2,250 square foot practice is located with four operatories: two for the dentist and two for the hygienist, and one plumbed but not equipped operatory. The selling doctor holds certificates in comprehensive orthodontics and dental implants, and plans to retire after mentoring the incoming doctor in comprehensive orthodontics and dental implants at no additional charge. In addition, the selling doctor is willing to provide office mentoring for the first few orthodontic and dental implant cases as well as one year’s worth of consulting at no additional charge. This is a rare opportunity to buy both a dental practice and a condominium with no landlord or lease hassles. Make every monthly payment an investment (not a rent payment) with readily available financing from numerous locally preferred banks. Call today to see this opportunity with your own eyes!


PRACTICE HISTORY

Year Practice Was Established in Current Area: 1995
Year Practice Was Established in Current Location: 2006
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 2156 (past 18 months)
Approximate total active patients on hygiene recall: 1480
(past 18 months)

Average number of new patients per month: 10
Approximate percentage of practice income breakdown:
FFS and Cash: 51%
PPO: 49%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2012: $445,249
Gross Annual Collections for 2011: $451,702
Gross Annual Collections for 2010: $541,264

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,250
Facility Expandable: No
Facility is Owned by Seller: Yes
Estimated Property Value: $600,000


EQUIPMENT

Average Age of Equipment: 19
Practice Software: Easy Dental
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: Yes
Digital X-Ray: No
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use