Successful Periodontal Practice

DFW Area - Periodontal - Listing #1657


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Long-standing and very successful periodontal practice located in a 2,200 square feet professional building complex in DFW metroplex! This practice serves a well-trafficked area surrounded by established neighborhoods and shopping areas. The practice was established in 1980 and moved to its present location in 1991. The practice is equipped with two operatories for the dentist and three operatories for the hygienist, as well as two lasers and a Panorex.

The patient payment base is 80% PPO, 15% fee for service, and 5% HMO with 2018 collections totaling $1,388,000. A unique benefit of this office is its ability to accept insurance while many competitors do not. This practice is also staffed by an exceptional hygiene team (9+ days per week) that will greatly benefit the new owner. Inquire now to find out more about this fantastic practice!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1980
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: No
Average Number of Days Doctors Work per Week: 4.5
Average Number of Days Hygiene Dept. Works per Week: 4.5

PATIENT BASE

Approximate total active patients: 3150 (past 18 months)
Average number of new patients per month: 11
Approximate percentage of practice income breakdown:
FFS and Cash: 15%
PPO: 80%
HMO and Capitation: 5%

LEASE INFORMATION

Current Monthly Lease Rate: $3,260
Lease Expires on: 5-31-2020
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2018: $1,388,132
Gross Annual Collections for 2017: $1,418,049
Gross Annual Collections for 2016: $1,360,193

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 3
Facility Space (sq ft): 2,200
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: 25
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: No
Laser: Yes
Cerec: No
Nitrous Oxide: Not Plumbed