General Practice in Fort Worth, Texas!

Fort Worth - General - Listing #1681


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UNDER CONTRACT

This general dentist practice was established in 2009 in a fantastic location in Fort Worth, Texas! This practice has a total of four operatories, as well as digital x-rays, and a Pano. The practice is also newly equipped (in 2018) with new computers and printers.

The payment breakdown in this practice is 10% fee for service, 40% PPO, and 50% Medicaid. The total active patient count over the last eighteen months is 1,800 and the practice is averaging 12 new patients per month over the last twelve months.

With the selling dentist in this practice referring out most endodontic, implant, oral surgery, and orthodontic procedures, the new owner could easily grow this practice by bringing these procedures back in-house. Don’t wait – this practice won’t last long!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2009
Year Practice Was Established in Current Location: 2009
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2009
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

PATIENT BASE

Approximate total active patients: 1800 (past 18 months)
Approximate total active patients on hygiene recall: 1200
(past 18 months)

Average number of new patients per month: 12
Approximate percentage of practice income breakdown:
FFS and Cash: 10%
PPO: 40%
Medicaid: 50%

LEASE INFORMATION

Current Monthly Lease Rate: $4,021
Lease Expires on: 2022
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2018: $359,686
Gross Annual Collections for 2017: $374,467
Gross Annual Collections for 2016: $357,814

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
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: 8
Practice Software: Dentrix
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit