Top-Notch General Practice!

DeSoto - General - Listing #1629


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Top-Notch Practice located in DeSoto, Texas! This profitable practice has 2,538 active patients and averages 55 new patients per month. The practice is nicely furnished with four fully equipped operatories and as well as many other amenities such as digitial x-rays, a brand new CT scan, Intraoral Camera, a Laser, and portable nitrous.

This paperless practice was established in 2013 in a 1,800 square feet free-standing building. With patient payment base of 55% PPO, 25% Medicaid, 10% HMO, and 5% fee for service, this practice grossed over $1,200,000 in 2017. The practice is open four days per week (Monday thru Thursday). 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: 2013
Year Practice Was Established in Current Location: 2013
Seller Purchased Practice: Yes
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 4.0

PATIENT BASE

Approximate total active patients: 2538 (past 18 months)
Approximate total active patients on hygiene recall: 1156
(past 18 months)

Average number of new patients per month: 55
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 55%
HMO and Capitation: 10%
Medicaid: 25%

LEASE INFORMATION

Current Monthly Lease Rate: $2,300
Lease Expires on: 05/21/2019
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

Endodontics: Some
Implant Surgery: Some
Orthodontics: All
Pediatrics: Some
Periodontics: All
Surgery: Some

COLLECTIONS

Gross Annual Collections for 2017: $1,248,653
Gross Annual Collections for 2016: $1,106,034
Gross Annual Collections for 2015: $1,088,748

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Facility Space (sq ft): 1,800
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 6
Practice Software: Open Dental
Level of Computerization: Completely Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Portable Unit