Centrally Located General Practice!

Central DFW Area - General - Listing #1783


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This practice is beautifully nestled in a 3,150 square feet free-standing building in an affluent area of the DFW metroplex. With easy access to a major highway and beautiful scenery, the practice is also close to shopping, restaurants, high-end neighborhoods, and sought-after schools.

The practice has a 100% fee for service patient base with 2019 gross collections totaling $1,220,229. The total active patient count over the last eighteen months for this practice is 1,072, and the practice averages 9 new patients per month.

Located in a spacious 3,150 square feet split level building with beautiful views, the practice is equipped with five operatories for the dentist and two for the hygienist, with an additional two plumbed but not equipped operatories for expansion purposes. The practice is also equipped with a CEREC, an apex locator and other new endo equipment, a Dexis cavity detection system, a brand new amalgam separator, dual monitors in every operatory, a pano, and will soon be getting all new over-the-patient monitors.

With many services being referred out, this already highly successful practice could be grown to further heights! Inquire now to own this fantastic practice in a great location!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 1989
Year Practice Was Established in Current Location: 1999
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1999
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 4.0

PATIENT BASE

Approximate total active patients: 1072 (past 18 months)
Approximate total active patients on hygiene recall: 974
(past 18 months)

Average number of new patients per month: 9
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION

Current Monthly Lease Rate: $5,776
Lease Expires on: 10/31/2021
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Hygiene: 35
Restorative: 16
Crown & Bridge: 26
Periodontics: 21
Prosthodontics: 2
Implants: 3

COLLECTIONS

Gross Annual Collections for 2019: $1,220,229
Gross Annual Collections for 2018: $1,169,812
Gross Annual Collections for 2017: $1,265,918

FACILITY

Total Number of Equipped Operatories: 7
Operatories Equipped for Dentist: 5
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 2
Facility Space (sq ft): 3,150
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

Practice Software: Patterson Eaglesoft Dental
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: Yes
Nitrous Oxide: Plumbed and In Use