Excellent Opportunity in Dallas Suburb

Dallas and Suburbs - General - Listing #1531


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Located in a major suburb east of Dallas, Texas, this profitable general dentist practice operates in a spacious 3,000 square foot professional building complex. This practice boasts a total of five equipped operatories with three additional operatories plumbed and ready to be equipped, as well as x-rays in each operatory and a Panorex. The total active patient count over the last eighteen months is 934, and the practice is averaging eight new patients per month. With a patient base of 35% fee for service and 65% PPO, 2015 annual gross collections for this practice were $753,150. Following the sale of this practice, the seller plans to leave the area and retire.




PRACTICE HISTORY

Year Practice Was Established in Current Area: 1980
Year Practice Was Established in Current Location: 1980
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1980
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: 3.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 934 (past 18 months)
Approximate total active patients on hygiene recall: 934
(past 18 months)

Average number of new patients per month: 8
Approximate percentage of practice income breakdown:
FFS and Cash: 35%
PPO: 65%

LEASE INFORMATION

Current Monthly Lease Rate: $3,000

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2016: $804,586
Gross Annual Collections for 2015: $753,150
Gross Annual Collections for 2014: $818,580

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 3
Facility Space (sq ft): 3,000
Facility Expandable: No
Type of Building: Professional Building Complex
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes

EQUIPMENT

Average Age of Equipment: 4
Practice Software: Eaglesoft
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: Yes
Digital X-Ray: No
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use