Successful Practice with Even More Growth Potential!

Fort Worth - General - Listing #1639


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This long-standing practice of 30+ years has a total active patient count of 1,721 and has averaged 14 new patients per month over over the last twelve months. The payment breakdown is 55% PPO, 35% HMO/capitation, 5% fee for service, and 5% Medicaid.

The practice is located in a 2,000 square feet free standing building with three operatories for the dentist, one operatory for the hygienist, and one additional operatory that is plumbed but not equipped. The practice is also equipped with digital x-rays, an intraoral camera, and plumbed nitrous.

Working only a three day work week, this already successful practice could really take off with a new buyer who was willing to work 5 days per week. Inquire now to learn more about this fantastic opportunity.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1980
Year Practice Was Established in Current Location: 1980
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2013
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: 3.0
Average Number of Days Hygiene Dept. Works per Week: 2.5

PATIENT BASE

Approximate total active patients: 1721 (past 18 months)
Average number of new patients per month: 14
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 55%
HMO and Capitation: 35%
Medicaid: 5%

LEASE INFORMATION

Current Monthly Lease Rate: $4,500
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

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

COLLECTIONS

Gross Annual Collections for 2018: $577,061
Gross Annual Collections for 2017: $551,047
Gross Annual Collections for 2016: $537,673

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,000
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 15
Practice Software: Eaglesoft
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: Plumbed and In Use