Like-New Practice with Established Patients!

Fort Worth - General - Listing #1762


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Recently established in 2017, this Fort Worth practice is primed for success! Located in an affluent area with lots of neighborhoods, schools and new shopping centers, this practice maintains a patient base of 19% fee for service and 75% PPO.

This practice is decorated with windows in all operatories as well as a consultation room surrounded by glass. The practice is equipped with two interchangeable operatories (plus three additional operatories that are plumbed but not equipped) as well as like new equipment including digital x-rays in each operatory, Panorex, intraoral camera, and portable nitrous. The practice is also equipped with a digital system for administering anesthesia and an oral cancer screening device. A microscope and Velscope are also available for an additional cost.

The selling dentist, along with a caring staff, has developed a practice based on providing the best care possible for their patients. Currently open only two days per week, the buyer for this practice could easily increase production and collections. With almost new equipment, this practice is very much like a start-up practice that includes an already established patient base with the added bonus of an already established caring reputation!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2017
Year Practice Was Established in Current Location: 2017
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

PATIENT BASE

Approximate total active patients: 167 (past 18 months)
Approximate total active patients on hygiene recall: 167
(past 18 months)

Average number of new patients per month: 8
Approximate percentage of practice income breakdown:
FFS and Cash: 19%
PPO: 75%
Other: 6%

LEASE INFORMATION

Current Monthly Lease Rate: $3,988
Lease Expires on: 03/2027
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2019: $156,794
Gross Annual Collections for 2018: $207,863
Gross Annual Collections for 2017: $56,213

FACILITY

Total Number of Equipped Operatories: 2
Operatories Equipped for Dentist: 2
Additional Operatories Plumbed but not Equipped: 3
Facility Space (sq ft): 2,000
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: 2
Practice Software: Open Dental
Level of Computerization: Each Operatory & Front Desk
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit