Partnership Buy-In Opportunity

Central/West Texas - General - Listing #1545


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Great partnership buy-in opportunity with an already established general practice. This practice is currently 50/50 owned by two partners, and one partner is selling his portion. The valuation for the total practice is an impressive $972,000 with the selling partner's portion valued at $340,000.  This long standing practice of 45+ years maintains an active patient count of 1,415 and has consistently grossed over $1.4 million the past few years. The patient payment breakdown is 55% fee for service and 45% PPO. The practice is equipped with four operatories for the dentist, 3 operatories for the hygienist as well as digital x-rays, Panorex, intraoral camera, nitrous, and a wonderful staff who would like to continue working. The practice is located in a 3,000 square feet building that is also for sale.  Following his portion of the sale of this practice, the selling partner plans to retire from dentistry and devote time to other hobbies and interests.  Don’t delay – inquire now for this fantastic opportunity!


PRACTICE HISTORY

Year Practice Was Established in Current Area: 1968
Year Practice Was Established in Current Location: 1968
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1979
Has There Been Partner 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: 4.5

PATIENT BASE

Approximate total active patients: 1415 (past 18 months)
Average number of new patients per month: 10
Approximate percentage of practice income breakdown:
FFS and Cash: 55%
PPO: 45%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2016: $1,404,999
Gross Annual Collections for 2015: $1,425,316
Gross Annual Collections for 2014: $1,349,683

FACILITY

Total Number of Equipped Operatories: 7
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 3
Facility Space (sq ft): 3,000
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: Yes
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes

EQUIPMENT

Average Age of Equipment: 15
Practice Software: Eaglesoft
Level of Computerization: Each Operatory & Front Desk
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