Fantastic Ortho Practice in North Dallas!

North Dallas - Orthodontic - Listing #1794


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This highly successful practice is located in a North Dallas suburb surrounded by many retail establishments, restaurants, and neighborhoods. This practice has a total active patient count over the last eighteen months of 300 and had over 200 starts in 2019.

Located in a 3,000 square feet condominium, this practice is equipped with a total of six treatment chairs in the main ortho bay, a soft-tissue laser, a Planmeca Pan/Ceph, two Itero intraoral scanners (purchased in 2019 and 2016). Recently purchased an extraoral vacuum that suctions directly overhead (valued at approximately $3,000), large air handlers to increase air turnover (valued at approximately $10,000), and 9 new computer workstations.

This practice is well-known for its hands-on personal service and attention to detail towards individual patients. With 75% of referrals coming from area dentists, this practice grossed $934,000 in 2019 on three and a half days of service per week!

This is a fantastic opportunity for a young board certified or board-eligible doctor to hit the ground running and grow this practice even more. The selling doctor is committed to structuring a transition in the best interest of the practice and the new buyer.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2003
Year Practice Was Established in Current Location: 2003
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: 3.5

PATIENT BASE

Approximate total active patients: 300 (past 18 months)
Average number of new patients per month: 18
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION

Current Monthly Lease Rate: $7,500

PRODUCTION BREAKDOWN

Orthodontics: 100

COLLECTIONS

Gross Annual Collections for 2019: $934,439
Gross Annual Collections for 2018: $951,888
Gross Annual Collections for 2017: $905,598

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 6
Facility Space (sq ft): 3,000
Facility Expandable: No
Type of Building: Condominium
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes
Estimated Property Value: $925,000


EQUIPMENT

Average Age of Equipment: 17
Practice Software: Ortho Minds
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: No
Digital X-Ray: No
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Not Plumbed