Great Opportunity in Family Oriented Area

Flower Mound - General - Listing #1509


SHARE LISTING

Established in 1990, this extremely profitable general practice is located in the highly desirable family-friendly city of Flower Mound, Texas. This practice is completely paperless with a 100% fee for service patient base and 2015 gross collections of $1,166,000. The total active patient count over the last eighteen months for this practice an impressive 1,762 and the practice averages nine new patients per month. Located in a spacious and expandable 3,900 square feet suite within a professional building complex, the practice is equipped with four operatories for the dentist and two for the hygienist, with an additional three plumbed but not equipped operatories for expansion purposes. The selling dentist also owns the facility and wants to sell both the practice and the facility. This fantastic practice in its highly desirable area with great schools and quaint local shopping and dining areas will not last long! Inquire quickly and don’t’ miss out!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 1990
Year Practice Was Established in Current Location: 1999
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 5.0

PATIENT BASE

Approximate total active patients: 1762 (past 18 months)
Average number of new patients per month: 9
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION

Current Monthly Lease Rate: $5,850

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2015: $1,166,000
Gross Annual Collections for 2014: $1,161,000
Gross Annual Collections for 2013: $872,936

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 3
Facility Space (sq ft): 3,900
Facility Expandable: Yes
Type of Building: Professional Building Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes
Estimated Property Value: $989,400


EQUIPMENT

Practice Software: Dentix
Level of Computerization: Completely Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: Yes
Nitrous Oxide: Plumbed and In Use