Plano PPO Practice with Very Low Operating Overhead!

Plano - General - Listing #1587


SHARE LISTING
This general practice, located in an affluent area of Plano, Texas, is surrounded by busy shopping centers and restaurants. This 90% PPO and 10% fee for service practice shares space with another 100% fee for service practice in the same building and owned by the same dentist. The selling dentist is maintaining ownership of the fee for service practice, but would like to sell the PPO practice. The two practices are completely autonomous with separate suite addresses, staff members, phone numbers, and websites, however, they do share a common foyer waiting area and front counter with separate check-in areas. This PPO practice is nicely equipped with three operatories for the dentist and one for the hygienist, as well as digital x-rays, digital records, and intraoral cameras. A digital Panorex, sterilization area, vacuum, and compressor are shared by both dentists. The total active patient count over the last eighteen months is 1,106 with 2017 collections totaling $405,256. This is a wonderful opportunity with a very low operating overhead due to the shared space.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 2005
Year Practice Was Established in Current Location: 2005
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: Yes
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: 1106 (past 18 months)
FFS and Cash: 10%
PPO: 90%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2017: $405,256
Gross Annual Collections for 2016: $346,147
Gross Annual Collections for 2015: $343,909

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 3,600
Facility Expandable: Yes
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: Yes
Facility is Owned by Seller: Yes
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 7
Practice Software: Softdent
Level of Computerization: Completely Paperless
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