Completely Paperless Practice in Garland!

Garland - General - Listing #1799


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This completely paperless practice is located near major thoroughfares and retail stores. The practice is equipped with three operatories for the dentist, two operatories for the hygienist, as well as four wall-mounted digital x-ray units, a Galileo Cone Beam, intraoral camera, and a laser. The practice is also equipped with a brand new Iterro scanner that is available for an additional cost of $19,000.

The total active patient count over the last eighteen months is 2,083, and the practice averages 31 new patients per month. With only a three-day work week and a patient base of 60% PPO and 25% fee for service, the practice grossed $644,631 in 2019.

This practice is well known for its loyal patient base and Saturday office hours. The buyer for this practice could easily grow this already successful practice by adding more workdays to the schedule. Inquire now to learn more about this fantastic opportunity!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1999
Year Practice Was Established in Current Location: 1999
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2018
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 3.0
Average Number of Days Hygiene Dept. Works per Week: 3.0

PATIENT BASE

Approximate total active patients: 2083 (past 18 months)
Approximate total active patients on hygiene recall: 1624
(past 18 months)

Average number of new patients per month: 31
Approximate percentage of practice income breakdown:
FFS and Cash: 25%
PPO: 60%
HMO and Capitation: 1%
Other: 14%

LEASE INFORMATION

Current Monthly Lease Rate: $2,683
Lease Expires on: 11/30/2022
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2019: $644,631

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 1,610
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

Average Age of Equipment: 10
Practice Software: Carestack
Level of Computerization: Completely Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Portable Unit