Associate-to-Own Opportunity!

South Dallas - General - Listing #1742


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Rare opportunity for associateship-to-own position in a wonderful family dental practice south of Dallas Texas. The practice is part of a large 10,000 square feet building that is also for sale. The dental office itself consists of 3,000 square feet with four operatories that are plumbed and equipped for the dentist, and four additional operatories that are plumbed but not equipped. Part of the remaining space in the building is currently being leased by another unrelated business, and other part is available for lease.

The patient base in this practice is 50% PPO and 50% Medicaid. The total active patient count over the last eighteen months is 1,545, and the practice is averaging 7 new patients per month. With very little marketing efforts, the 2018 annual gross collections for this practice were $433,878.

The practice is equipped with digital x-rays and computers in each operatory, and a Panorex. With the additional operatories available, you could easily grow this already successful practice, plus earn additional income from the additional space if you also purchased the real estate!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2010
Year Practice Was Established in Current Location: 2004
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

PATIENT BASE

Approximate total active patients: 1545 (past 18 months)
Approximate total active patients on hygiene recall: 581
(past 18 months)

Average number of new patients per month: 7
Approximate percentage of practice income breakdown:
PPO: 50%
Medicaid: 50%

LEASE INFORMATION

Current Monthly Lease Rate: $3,600

PRODUCTION BREAKDOWN

Hygiene: 30
Restorative: 30
Crown & Bridge: 10
Periodontics: 5
Prosthodontics: 5
Oral Surgery: 5
Pedodontics: 15

COLLECTIONS

Gross Annual Collections for 2018: $433,878
Gross Annual Collections for 2017: $487,879
Gross Annual Collections for 2016: $505,157

FACILITY

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

EQUIPMENT

Average Age of Equipment: 5
Practice Software: Practice Works
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