Thriving Pediatric Practice

North Texas - Pediatric - Listing #1622


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This quality-oriented pediatric practice is located less than 2 hours from Fort Worth, Texas in a wonderful, family-oriented community. The practice operates in a spacious 3,200 square foot condominium and boasts a four-bed open hygiene bay and a two-bed sedation operatory. The total active patient count over the last eighteen months is 5,373, and the practice is averaging 57 new patients per month with minimal marketing. The annual gross collections for this practice consistently exceed $1 million with the hygiene department working only a 2-3 day work week. Potential buyers must be board-eligible or certified pediatric dentists.

With only two pediatric dentists in an area of 70 general dentists, this practice maintains quality relationships with many referral sources. This is an excellent opportunity for a young doctor who wishes to raise a family in a nice community with great schools, churches and people while earning a fantastic income. Following the sale of the practice, the selling dentist plans to move out of state.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1950
Year Practice Was Established in Current Location: 2002
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2014
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: 4.5
Average Number of Days Hygiene Dept. Works per Week: 3.0

PATIENT BASE

Approximate total active patients: 5373 (past 18 months)
Approximate total active patients on hygiene recall: 5373
(past 18 months)

Average number of new patients per month: 57
Approximate percentage of practice income breakdown:
FFS and Cash: 10%
PPO: 20%
Medicaid: 70%

LEASE INFORMATION

Current Monthly Lease Rate: $3,628
Lease Expires on: 6/30/2019
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

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

COLLECTIONS

Gross Annual Collections for 2017: $1,142,079
Gross Annual Collections for 2016: $1,234,600
Gross Annual Collections for 2015: $1,500,947

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 1
Facility Space (sq ft): 3,200
Facility Expandable: No
Type of Building: Condominium
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 5
Practice Software: Dentrix
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