Practice Primed for Growth!

Dallas - General - Listing #1480


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Established in 2010, this thriving general practice is located in a highly trafficked area of Dallas, Texas. The payment breakdown is 60% PPO and 35% fee for service with 2014 gross collections of $516,044. Working only a three-day work-week, the collections in this practice could significantly increase with an additional one or two days in the office. The total active patient count over the last eighteen months is 3,000 and the practice averages 30 new patients per month. This practice operates in a spacious 3,000 square feet free professional building complex with five total operatories for the dentist and hygienist.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 2010
Year Practice Was Established in Current Location: 2010
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: 6.0

PATIENT BASE

Approximate total active patients: 3000 (past 18 months)
Average number of new patients per month: 30
Approximate percentage of practice income breakdown:
FFS and Cash: 35%
PPO: 60%
Other: 5%

LEASE INFORMATION

Current Monthly Lease Rate: $3,325
Lease Assignable: No
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2016: $424,322
Gross Annual Collections for 2015: $495,471
Gross Annual Collections for 2014: $516,045

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 5
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 3,000
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: 4
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