Outstanding General Practice
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North of McKinney - General - Listing #1419


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Very Motivated Seller! Located in a major suburb north of Dallas, Texas, this prosthodontist/general dentist practice operates in a spacious 3,456 square feet free standing building. This well-established practice started in 2005 boasts six total operatories, including 5 for the dentist and one for the hygienist as well as one operatory that is plumbed but not equipped.
This practice maintains a 47% fee for service and a 53% PPO payment breakdown. The total active patient count over the last eighteen months is 1,500 and the practice is averaging 30 new patients per month over the last twelve months. Annual gross collections for this practice are $963,374.00. Following the sale of this practice, the seller plans to leave the area.




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2005
Year Practice Was Established in Current Location: 2005
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: Yes
Average Number of Days Doctors Work per Week: 3.0
Average Number of Days Hygiene Dept. Works per Week: 3.0

PATIENT BASE

Approximate total active patients: 1500 (past 18 months)
Approximate total active patients on hygiene recall: 1496
(past 18 months)

Average number of new patients per month: 30
Approximate percentage of practice income breakdown:
FFS and Cash: 47%
PPO: 53%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2013: $963,374
Gross Annual Collections for 2012: $1,038,223

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 5
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 3,456
Facility Expandable: Yes
Type of Building: Free Standing Building
Facility is Owned by Seller: Yes
Estimated Property Value: $700,000


EQUIPMENT

Average Age of Equipment: 7
Practice Software: Eagle Soft
Level of Computerization: Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Nitrous Oxide: Plumbed and In Use