Completely Paperless Practice Northeast of McKinney

Northeast of McKinney - General - Listing #1625


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Completely Paperless and Top-Notch Practice located Northeast of McKinney! This profitable practice has 1,833 active patients and averages 16 new patients per month. The practice is nicely furnished with four fully equipped operatories for the dentist, two for the hygienists, as well as one additional operatory that is plumbed but not equipped. The practice also has many other amenities such as digitial x-rays, a Panorex, and nitrous.

This long-standing practice relocated to a spacious 4,200 square feet building in 2002. With a patient payment base of 100% fee for service, this practice grossed $865,542 in 2017. The selling doctor in this practice works only a 3.5 day work week, so a new buyer could easily grow this practice. This is a perfect practice opportunity for a young dentist to earn an impressive salary and raise a family in a great community!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2000
Year Practice Was Established in Current Location: 2002
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1989
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: 5.0

PATIENT BASE

Approximate total active patients: 1833 (past 18 months)
Approximate total active patients on hygiene recall: 1450
(past 18 months)

Average number of new patients per month: 16
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION

Current Monthly Lease Rate: $3,650
Lease Expires on: 04/01/2021
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

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

COLLECTIONS

Gross Annual Collections for 2017: $865,542
Gross Annual Collections for 2016: $932,350
Gross Annual Collections for 2015: $859,100

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): 4,211
Facility Expandable: No
Type of Building: Professional Building 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: 20
Practice Software: Dentrix
Level of Computerization: Completely Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit