Busy General Practice For Sale!
SHARE LISTING

Garland - General - Listing #1523


SHARE LISTING
Located in Garland, Texas since 1978, this long-time general practice has two operatories for the dentist, one operatory for the hygienist, and an additional partially equipped operatory with a light, delivery system, and chair. This practice maintains a very loyal patient base of 70% fee-for-service and 30% PPOs, with 2015 annual gross collections of $424,700. The total active patient count over the last eighteen months is 845, and the practice is averaging 10 new patients per month. Please note that the Cerec, Cerec Milling Unit, BlueCam, and accompanying accessories are NOT included in the sales price, but these items are available for an additional cost. This practice has maintained loyal and hardworking employees over the years who have earned the confidence of their many patients. In addition, the selling dentist has fostered a well-respected following while living in the community for the last 56 years.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 1978
Year Practice Was Established in Current Location: 1985
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: 4.5
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 845 (past 18 months)
Approximate total active patients on hygiene recall: 630
(past 18 months)

Average number of new patients per month: 10
Approximate percentage of practice income breakdown:
FFS and Cash: 70%
PPO: 30%

LEASE INFORMATION

Current Monthly Lease Rate: $1,905
Lease Expires on: jan 2017
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2015: $424,700
Gross Annual Collections for 2014: $419,597
Gross Annual Collections for 2013: $449,413

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,650
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: 11
Practice Software: Eaglesoft
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: No
Intraoral Camera: Yes
Laser: No
Cerec: Yes
Nitrous Oxide: Plumbed and In Use