Frisco Practice Ready for Growth!
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Frisco - General - Listing #1829


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Located in an affluent area near upscale shopping centers and neighborhoods, this inviting and well-maintained practice is primed and ready for growth!

The practice is equipped with two operatories for the dentist, two operatories for the hygienists (plus three additional operatories that are plumbed but not equipped) as well as a Panorex, intraoral camera, two wall-mounted x-ray units, and portable nitrous. The payment breakdown is 50% PPO, 15% FFS, and 20% Medicaid.

This practice is known for its relaxing atmosphere that puts patients at ease upon entry. The selling dentist, along with a caring staff, has developed a practice based on providing the best care possible for their patients. Currently open only three days per week, the buyer for this practice could easily increase production and collections.



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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: 3.0
Average Number of Days Hygiene Dept. Works per Week: 3.0

PATIENT BASE

Approximate total active patients: 6058 (past 18 months)
Average number of new patients per month: 14
Approximate percentage of practice income breakdown:
FFS and Cash: 15%
PPO: 50%
HMO and Capitation: 2%
Medicaid: 20%

LEASE INFORMATION

Current Monthly Lease Rate: $4,234
Lease Expires on: 4/30/2022
Lease Assignable: Yes

PRODUCTION BREAKDOWN

Restorative: 20
Endodontics: 10
Periodontics: 10
Prosthodontics: 10
Orthodontics: 15
Oral Surgery: 10
Implants: 5

COLLECTIONS

Gross Annual Collections for 2020: $359,384
Gross Annual Collections for 2019: $540,212

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 3
Facility Space (sq ft): 2,300
Facility Expandable: Yes
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: Dentrix
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit