Prime Growth Potential in Denton County!

Denton County - General - Listing #1843


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This high growth potential practice in Denton County near densely populated neighborhoods is primed and ready for growth! The practice is located in a 2,503 square feet professional building space with room to expand into a currently vacant space next door. The practice has four completely equipped operatories, plus an additional operatory that is plumbed with a chair, as well as four wall-mounted x-rays and an intraoral camera. This practice averages 6 new patients per month, and the total active patient count over the last 18 months is 1,087.

With little to no advertising efforts currently being made and many services being referred out - oral surgery (extractions), implant placement, ortho, endo, perio - a new buyer could easily grow this practice! With a newly gained pride in ownership and a great work ethic, a new and energetic owner could easily grow this dental practice to much greater heights.

This practice is known for its longevity in the community and its ethical approach to dentistry. Inquire now to own this prime opportunity in a growing community!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 1980
Year Practice Was Established in Current Location: 1999
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 3.0

PATIENT BASE

Approximate total active patients: 1087 (past 18 months)
Approximate total active patients on hygiene recall: 446
(past 18 months)

Average number of new patients per month: 6
Approximate percentage of practice income breakdown:
FFS and Cash: 40%
PPO: 60%

LEASE INFORMATION

Current Monthly Lease Rate: $3,987
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 10%
Preventive: 33%
Restorative: 8%
Prosthodontics, removable: 2%
Implant Services: 21%
Prosthodontics, fixed: 21%
Procedures Referred Out: Oral Surgery (extractions), Implant Placement, Ortho, Endo, Perio

COLLECTIONS

Gross Annual Collections for 2021: $436,683
Gross Annual Collections for 2020: $337,125
Gross Annual Collections for 2019: $436,681

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,503
Facility Expandable: Yes
Type of Building: Professional Building 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: 22
Practice Software: Eaglesoft
Level of Computerization: Front Desk Only
Panorex: No
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed but Not In Use