General Practice in Northwest Dallas Suburb

North Dallas - General - Listing #1749


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This long time and well-established general practice has a total active patient count of 1,717 and averages 7 new patients per month. This practice is located in a 2,100 square foot facility that is equipped with two operatories for the dentist, one operatory for the hygienist, plus one additional operatory that is plumbed but not equipped. In addition, the practice is equipped with digital x-rays, an analog Panorex, an Intraoral Camera, a Diode Picasso Lite Laser, as well as plumbed and in-use nitrous.

With a patient base of 85% fee for service and 15% PPO, 2018 annual gross collections for this practice were $390,21. With no current signage and a 3-day work week, this practice enjoys a steady flow of patients simply through word-of-mouth. A new owner could easily grow this practice by installing signage and increasing the number of days in the work week. Following the sale of this practice, the seller plans to retire.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1988
Year Practice Was Established in Current Location: 2001
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: 3.0
Average Number of Days Hygiene Dept. Works per Week: 3.0

PATIENT BASE

Approximate total active patients: 1717 (past 18 months)
Average number of new patients per month: 7
Approximate percentage of practice income breakdown:
FFS and Cash: 85%
PPO: 15%

LEASE INFORMATION

Current Monthly Lease Rate: $2,700
Lease Expires on: 2021
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2018: $390,241
Gross Annual Collections for 2017: $387,880

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
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

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: Yes
Cerec: No
Nitrous Oxide: Plumbed and In Use