Great Location! General Practice

Coppell - General - Listing #1475


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Located in Coppell, Texas, this general dentistry practice was established in 2013. The spacious and newly decorated 3,207 square feet facility is equipped with two operatories for the dentist and hygienist, with an additional four plumbed but not equipped operatories for a new buyer to rapidly expand the patient base. The dentist in this practice works only 1.5 days per week yet maintains a total active patient count of 231 and averages 18 new patients per month. This completely paperless practice has a payment breakdown of 86% PPO and 16% fee-for-service. In a span of one year, gross collections for this new practice grew from $24,254 to $190,832.00.




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2013
Year Practice Was Established in Current Location: 2013
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: 1.5

PATIENT BASE

Approximate total active patients: 231 (past 18 months)
Average number of new patients per month: 18
Approximate percentage of practice income breakdown:
FFS and Cash: 16%
PPO: 84%

LEASE INFORMATION

Current Monthly Lease Rate: $6,722
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2014: $190,832
Gross Annual Collections for 2013: $24,254

FACILITY

Total Number of Equipped Operatories: 2
Operatories Equipped for Dentist: 2
Additional Operatories Plumbed but not Equipped: 4
Facility Space (sq ft): 3,207
Facility Expandable: No
Type of Building: Professional Building Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 1
Practice Software: Eaglesoft
Level of Computerization: Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: No
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use