Like-New Practice - REDUCED PRICE!

North Fort Worth - General - Listing #1567


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Like-New Practice with Established Patients! Recently established in 2012, this north Fort Worth practice is primed for success! Located in a nice neighborhood near a fairly large high school, this practice maintains a patient base of 8% fee for service, 30% PPO, 40% HMO, and 20% Medicaid. The practice is equipped with three operatories (plus one additional operatory plumbed but not equipped) as well as like new equipment including digital x-rays in each operatory, Panorex, intraoral camera, and plumbed nitrous.

The selling dentist, along with a caring staff, has developed a practice based on ethics and integrity that will greatly benefit the new owner. Working only three and a half days per week, the buyer for this practice could easily increase production and collections. You could also physically expand the 2,000 square feet practice by taking in an additional 1,800 square feet directly adjacent to the office.

With almost new equipment, this practice is very much like a start-up practice that includes an already established patient base with the added bonus of an already established caring reputation!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2011
Year Practice Was Established in Current Location: 2012
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: 3.5
Average Number of Days Hygiene Dept. Works per Week: 3.5

PATIENT BASE

Approximate total active patients: 562 (past 18 months)
Average number of new patients per month: 30
Approximate percentage of practice income breakdown:
FFS and Cash: 8%
PPO: 30%
HMO and Capitation: 40%
Medicaid: 20%
Other: 2%

LEASE INFORMATION

Current Monthly Lease Rate: $3,444

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2017: $359,968
Gross Annual Collections for 2016: $384,452
Gross Annual Collections for 2015: $307,688

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 3
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,000
Facility Expandable: Yes
Type of Building: Shopping Center Complex
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 5
Practice Software: Eagle Soft
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