General Practice in Affluent Dallas Area

Dallas - General - Listing #1424


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This general practice located in a desirably affluent area of Dallas. 3 equipped operatories with room for expansion. 2013 revenues exceeded $700K with significant outbound specialist referrals. New patient flow is a healthy 40 per month. Seller is willing to structure favorable financing.




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2005
Year Practice Was Established in Current Location: 2005
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2008
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: 5.0
Average Number of Days Hygiene Dept. Works per Week: 5.0

PATIENT BASE

Approximate total active patients: 2500 (past 18 months)
Average number of new patients per month: 40
Approximate percentage of practice income breakdown:
FFS and Cash: 25%
PPO: 25%
HMO and Capitation: 50%

LEASE INFORMATION

Current Monthly Lease Rate: $3,500
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2013: $733,018
Gross Annual Collections for 2012: $779,349
Gross Annual Collections for 2011: $802,000

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 3
Facility Space (sq ft): 1,700
Facility Expandable: Yes
Type of Building: Professional Building Complex
Practice Shares Space with Another Practice: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 5
Practice Software: QSI
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: Yes
Digital X-Ray: No
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Not Plumbed