Like-New Paperless Practice with Great Visibility!

Frisco - General - Listing #1816


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Recently established in 2017, this Frisco practice is primed for success! Located near a major highway within close proximity to neighborhoods and many other businesses and restaurants, this practice is well known for its family-like atmosphere and caring staff. This pristine office is very nicely decorated and maintained with like-new equipment.

The patient base in this beautiful practice is 13% fee for service and 87% PPO. The practice is equipped with three operatories (plus two additional operatories that are plumbed but not equipped) as well as like-new equipment that includes a Vatech Panorex, an intraoral camera, and plumbed nitrous in each operatory.

The selling dentists, along with a caring staff, have nurtured a family-like atmosphere in this practice that will greatly benefit the new owner. With no active marketing efforts, a new owner could easily grow this beautiful practice to new heights as new patients continue to pour in from internal patient referrals.



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PRACTICE HISTORY

Year Practice Was Established in Current Location: 2016
Has There Been Partner in the Practice the Past Three Years: Yes

PATIENT BASE

Approximate total active patients: 795 (past 18 months)
Approximate total active patients on hygiene recall: 277
(past 18 months)

Average number of new patients per month: 24
Approximate percentage of practice income breakdown:
FFS and Cash: 13%
PPO: 87%

LEASE INFORMATION

Current Monthly Lease Rate: $4,878
Lease Expires on: 4/30/2026
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Restorative: 36
Endodontics: 4
Periodontics: 15
Prosthodontics: 2
Orthodontics: 1
Oral Surgery: 4
Implants: 2

COLLECTIONS

Gross Annual Collections for 2020: $283,502
Gross Annual Collections for 2019: $282,281
Gross Annual Collections for 2018: $231,541

FACILITY

Operatories Equipped for Dentist: 3
Additional Operatories Plumbed but not Equipped: 2
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

Average Age of Equipment: 4
Practice Software: Dentrix
Level of Computerization: Completely Paperless
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use