Busy Fort Worth Practice

Fort Worth - General - Listing #1791


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Located in southwest Fort Worth since 1979, this long-time general practice is located in a quadruplex building with excellent signage from the street. The practice is equipped with two operatories for the dentist, one operatory for the hygienist, as well as x-rays in each operatory, a laser, and plumbed nitrous.

This practice maintains a very loyal patient base with a payment breakdown of 80% PPO and 20% fee-for-service. The total active patient count over the last eighteen months is 1,000, and the practice is averaging 20 new patients per month with no advertising efforts.

The current owner is currently referring out many procedures, including endo, 3rd molars, implant placements, ortho, and perio. This practice has maintained loyal and hardworking employees over the years who have earned the confidence of their many patients. In addition, the selling dentist has fostered a well-respected following while living in the community for many years.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1979
Year Practice Was Established in Current Location: 1979
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: 4.0

PATIENT BASE

Approximate total active patients: 1000 (past 18 months)
Approximate total active patients on hygiene recall: 2304
(past 18 months)

Average number of new patients per month: 20
Approximate percentage of practice income breakdown:
FFS and Cash: 20%
PPO: 80%

LEASE INFORMATION

Current Monthly Lease Rate: $1,400
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Hygiene: 40
Restorative: 15
Crown & Bridge: 20
Endodontics: 10
Prosthodontics: 5
Oral Surgery: 10

COLLECTIONS

Gross Annual Collections for 2019: $408,943
Gross Annual Collections for 2018: $391,952
Gross Annual Collections for 2017: $433,440

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Facility Space (sq ft): 1,200
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: 25
X-Ray Access in Each Operatory: Yes
Digital X-Ray: No
Panorex: No
Intraoral Camera: No
Laser: Yes
Cerec: No
Nitrous Oxide: Plumbed and In Use