Bread and Butter Practice
SHARE LISTING

North of Denton - General - Listing #1547


SHARE LISTING
Very Profitable and Well-Established General Practice North of Denton, Texas. Established in 1960, this 2700 square foot free standing building is equipped with six total operatories (plus one plumbed but not equipped), intraoral cameras, laser, and Panorex. With very little advertising, this mostly fee-for-service practice has maintained 1,360 active patients over the last twelve months and boasts an impressive $649,390.00 gross collections in 2016. This is a wonderful opportunity for a younger dentist to move into an already established and profitable practice and make it even more profitable with additional advertising.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1960
Year Practice Was Established in Current Location: 1960
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: 4.5
Average Number of Days Hygiene Dept. Works per Week: 4.5

PATIENT BASE

Approximate total active patients: 1360 (past 18 months)
Average number of new patients per month: 1
Approximate percentage of practice income breakdown:
FFS and Cash: 81%
PPO: 19%

LEASE INFORMATION

Current Monthly Lease Rate: $775
Lease Expires on: 3/2018
Lease Assignable: Yes

SERVICES REFERRED OUT

Endodontics: Some
Implant Surgery: All
Orthodontics: All
Pediatrics: None
Periodontics: Some
Surgery: Some

COLLECTIONS

Gross Annual Collections for 2016: $649,390
Gross Annual Collections for 2015: $762,531
Gross Annual Collections for 2014: $740,071

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,700
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 15
Practice Software: Eagle Soft
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: Yes
Digital X-Ray: No
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Plumbed and In Use