Solid General Practice in Richardson, Texas!

Richardson - General - Listing #1649


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UNDER CONTRACT

Established in 2006, this general practice is located in a thriving metropolitan area near many restaurants, businesses, and neighborhoods. The practice has a patient base of 28% fee for service, 44% PPO, 28% Medicaid with 2018 gross collections totaling $459,647. The total active patient count over the last twenty four months is 1554 and with the new patient totals for 2018 at 278, the practice averages 23 new patients per month.

This practice is equipped with four operatories (with digital x-rays in each), a Panorex, and an intraoral camera. This practice is known for its personalized approach to quality dental care for the entire family. Inquire now to be your own boss in an already established practice with plenty of room to grow!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2006
Year Practice Was Established in Current Location: 2006
Seller Purchased Practice: No
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 1.0

PATIENT BASE

Approximate total active patients: 1403 (past 18 months)
Approximate total active patients on hygiene recall: 1201
(past 18 months)

Average number of new patients per month: 23
Approximate percentage of practice income breakdown:
FFS and Cash: 28%
PPO: 44%
Medicaid: 28%

LEASE INFORMATION

Current Monthly Lease Rate: $4,729
Lease Expires on: 12/2021
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2018: $462,890
Gross Annual Collections for 2017: $437,879
Gross Annual Collections for 2016: $501,913

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Facility Space (sq ft): 2,100
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

Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit