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Dallas - General - Listing #1796
SHARE LISTING
This wonderfully successful practice is located on a very busy street with excellent signage near an abundance of retail stores, restaurants, and many new and existing apartment complexes.
The practice maintains a very strong hygiene recall system with a base of 89% fee for service, 10% PPO, and 1% Medicaid. The total active patient count over the last eighteen months for this practice is 1,321, and the practice averages 32 new patients per month. The practice is located in a spacious 2,000 square feet shopping center complex, the practice is equipped with four operatories plus one additional plumbed operatory, as well as a Nomad digital x-ray machine and a Sirona 3D Cone Beam CT valued at roughly $150,000.
With collections increasing year after year, this practice is primed to continue growing. Following the sale of this practice, the owner plans to move out of state.
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PRACTICE HISTORY
Year Practice Was Established in Current Area: 2016Year Practice Was Established in Current Location: 2016
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: 5.0
PATIENT BASE
Approximate total active patients: 1321 (past 18 months)Average number of new patients per month: 32
Approximate percentage of practice income breakdown:
FFS and Cash: 89%
PPO: 10%
Medicaid: 1%
LEASE INFORMATION
Current Monthly Lease Rate: $3,202Lease Expires on: 8/2026
Lease Assignable: Yes
Options to Renew: Yes
PRODUCTION BREAKDOWN
Restorative: 7%Endodontics: 9%
Periodontics: 5%
Prosthodontics, removable: 5%
Implant Services: 13%
Oral Surgery: 7%
Orthodontics: 3%
COLLECTIONS
Gross Annual Collections for 2022: $1,280,935Gross Annual Collections for 2021: $1,137,228
Gross Annual Collections for 2020: $690,641
FACILITY
Total Number of Equipped Operatories: 4Operatories Equipped for Dentist: 4
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,000
Facility Expandable: No
Type of Building: Shopping Center Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No
EQUIPMENT
Level of Computerization: Completely PaperlessX-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
