Wonderful Opportunity in Affluent Area!

Northwest Dallas Suburbs - General - Listing #1743


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This modern general practice offers a rare opportunity to enter a highly desirable area northwest of Dallas. Established in 1983, this practice moved to its current location in 2013 into a 2,305 square feet stand-alone building with plenty of parking. The office itself is located in a corner suite with signage on both sides of the building. The practice is equipped with two operatories for the dentist, two operatories for the hygienist, plus an additional operatory that is plumbed but not equipped. The patient base is 95% fee-for-service with 2018 collections totaling $698,000. Over the last eighteen months, this practice has had a total of 984 active patients, and averages 11 new patients per month.

This practice is known for its personalized customer service and attention to detail, as well its caring and loyal staff. Inquire now to learn more about this fantastic general practice in a great location!

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PRACTICE HISTORY

Year Practice Was Established in Current Location: 2013
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2007
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

PATIENT BASE

Approximate total active patients: 984 (past 18 months)
Approximate total active patients on hygiene recall: 984
(past 18 months)

Average number of new patients per month: 11
Approximate percentage of practice income breakdown:
FFS and Cash: 95%
Other: 5%

LEASE INFORMATION

Current Monthly Lease Rate: $4,226
Lease Expires on: 4/30/2023
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Hygiene: 47
Restorative: 11
Crown & Bridge: 20
Periodontics: 12
Prosthodontics: 2
Pedodontics: 1
Implants: 5
Other: 1

COLLECTIONS

Gross Annual Collections for 2018: $698,088
Gross Annual Collections for 2017: $707,329
Gross Annual Collections for 2016: $709,356

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,305
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 10
Practice Software: Dentrix
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