Solid General Practice in Dallas, Texas!

Dallas - General - Listing #1631


SHARE LISTING
Located in the heart of Dallas, Texas, this solid general dentist practice has earned a fantastic reputation with positive on-line reviews. The practice is located in a 1,200 square foot shopping center complex with a great lease rate and is equipped with three operatories, as well as digital x-rays in each operatory, a digital PANO unit, isodry in one operatory, an Intraoral Camera, a portable nitrous unit, and enough supplies for a few months.

With a patient base of 50% PPO, 45% fee for service, and 5% Medicaid, this practice maintains a very low overhead including a low monthly lease rate of $2,200. The owner in this practice is in the process of eliminating all Medicaid from the practice.

The practice maintains an active patient base of 1,556 and averages 25 new patients per month with 2017 annual gross collections totaling $499,528. With the selling dentist working only a three-day work week, the new buyer could easily grow this practice to even greater heights!


PRACTICE HISTORY

Year Practice Was Established in Current Area: 2003
Year Practice Was Established in Current Location: 2003
Seller Purchased Practice: Yes
Has There Been Partner in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 3.0

PATIENT BASE

Approximate total active patients: 1556 (past 18 months)
Approximate total active patients on hygiene recall: 200
(past 18 months)

Average number of new patients per month: 25
Approximate percentage of practice income breakdown:
FFS and Cash: 45%
PPO: 50%
HMO and Capitation: 5%

LEASE INFORMATION

Current Monthly Lease Rate: $2,399
Lease Expires on: 02/01/2021
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

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

COLLECTIONS

Gross Annual Collections for 2017: $499,528
Gross Annual Collections for 2016: $167,920

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 3
Facility Space (sq ft): 1,200
Facility Expandable: No
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: 2
Practice Software: Open Dental
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: No
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit