Fantastic Start-Up Opportunity!

Fort Worth - General - Listing #1577


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This beautifully decorated practice is lavishly equipped with modern furnishings and new equipment. The selling dentist in this practice owns two other practices in the DFW area and simply cannot handle the load. Started in June of 2017, this brand new start-up practice already has 247 active patients and is averaging 50 new patients per month. The existing patient base is comprised of 20% fee for service, 40% PPO, and 30% Medicaid. The practice is equipped with 4 operatories for the dentist and hygienist, plus one additional operatory that is plumbed but not equipped. The selling doctor chose this location due to the great demand for a quality dentist in the area. This is a wonderful opportunity for someone who wants to start their own practice, and the hard part is already done! You can start off with brand new equipment, a beautiful reception area, and hit the ground running with a patient base already started.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 2017
Year Practice Was Established in Current Location: 2017
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: 4.0

PATIENT BASE

Approximate total active patients: 247 (past 18 months)
Average number of new patients per month: 50
Approximate percentage of practice income breakdown:
FFS and Cash: 20%
PPO: 40%
Medicaid: 30%

LEASE INFORMATION

Current Monthly Lease Rate: $2,597
Lease Expires on: 11/10/2021
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS


FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,950
Type of Building: Shopping Center 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: 1
Practice Software: Dentrix
Level of Computerization: Each Operatory & Front Desk
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit