Quality-Oriented Pediatric Practice

Dallas - Pediatric - Listing #1795


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UNDER CONTRACT

This quality-oriented pediatric practice is very visibly located in a densely populated area near several elementary and middle schools.

This exceptional practice is located in a free-standing building with two operatories in an open-bay concept, one operatory in a private exam room, plus two additional rooms plumbed. The total active patient count over the last eighteen months is 1,310, and the practice is averaging 23 new patients per month. With no marketing over the last 5 years, the annual gross collections for this practice in 2019 were $424,822 with 49% PPO patients and 51% Medicaid patients .

With the next closest pediatric dentist more than 7 miles away, this practice quality relationships with the existing patient base and the local community. This is an excellent opportunity for a board-eligible pediatric dentist who wishes to raise a family in a growing community with fantastic pediatric demographics. Following the sale of the practice, the selling dentist plans to move abroad.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2011
Year Practice Was Established in Current Location: 2011
Seller Purchased Practice: No
Year Seller Purchased Practice: n/a
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: 4.0

PATIENT BASE

Approximate total active patients: 1310 (past 18 months)
Approximate total active patients on hygiene recall: 1310
(past 18 months)

Average number of new patients per month: 23
Approximate percentage of practice income breakdown:
PPO: 49%
Medicaid: 51%

LEASE INFORMATION

Current Monthly Lease Rate: $4,052
Lease Expires on: 02/2022
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Hygiene: 85
Restorative: 15

COLLECTIONS

Gross Annual Collections for 2019: $424,822
Gross Annual Collections for 2018: $433,562
Gross Annual Collections for 2017: $471,975

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 3
Additional Operatories Plumbed but not Equipped: 2
Facility Space (sq ft): 1,770
Facility Expandable: Yes
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 9
Practice Software: Denticon/Planet DDS
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: No
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use