Long-Standing Practice North of Fort Worth!
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North Fort Worth - General - Listing #1839


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This one owner practice is located in a 1,965 square feet shopping center complex equipped with four operatories, two of which were newly outfitted five years ago. The practice also has four wall-mounted x-rays, an intraoral camera, a Gendex GX Panoramic, and plumbed and in-use nitrous. The current owner also incorporated new mechanical room equipment and replaced the air compressor and vacuum unit 3 years ago.

This practice is known for its conservative approach to dentistry as well as its long standing presence in the area.

This one owner general practice is located on a major thoroughfare north of Fort Worth near neighborhoods, restaurants and shopping centers. With many services being referred out and the current owner working approximately 22 hours per week, a new owner could easily grow the practice by bringing more services back in-house and working a 40-hour work week!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 1993
Year Practice Was Established in Current Location: 1993
Seller Purchased Practice: Yes
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: 2882 (past 18 months)
Approximate total active patients on hygiene recall: 474
(past 18 months)

Average number of new patients per month: 5
Approximate percentage of practice income breakdown:
FFS and Cash: 33%
PPO: 67%

LEASE INFORMATION

Current Monthly Lease Rate: $3,300
Lease Expires on: 10/31/2022
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Preventive: 50%
Restorative: 25%
Prosthodontics, fixed: 20%
Oral Surgery: 5%

COLLECTIONS

Gross Annual Collections for 2020: $275,619
Gross Annual Collections for 2019: $318,544
Gross Annual Collections for 2018: $296,542

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Facility Space (sq ft): 1,965
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

Practice Software: Easy Dental
Level of Computerization: Front Desk Only
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use