Very Profitable General Practice!
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Plano - General - Listing #1445


SHARE LISTING
Established in 2004, this thriving general practice is located in the highly trafficked Plano area. The payment breakdown is 90% PPO and 10% fee for service, and the advertised gross collections are $1,080,000. The practice operates in a spacious 2,300 square feet free standing building where there is room for expansion. This very profitable practice has two operatories for the dentist and two operatories for the hygiene department.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 2004
Year Practice Was Established in Current Location: 2004
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 3.5
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Average number of new patients per month: 20
Approximate percentage of practice income breakdown:
FFS and Cash: 10%
PPO: 90%

LEASE INFORMATION

Current Monthly Lease Rate: $4,600
Lease Expires on: 02/2015
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2013: $1,035,358
Gross Annual Collections for 2012: $1,001,735
Gross Annual Collections for 2011: $705,224

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 2,300
Facility Expandable: Yes
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: 10
Level of Computerization: Operatories/Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use