Primed for Success General Practice in Richardson!

Richardson - General - Listing #1873


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High growth potential practice in Richardson Texas near retail businesses, restaurants, schools, and neighborhoods! This completely paperless and all fee-for-service practice averages 7 new patients per month. The practice is located in a 1,510 square feet professional building space with 3 operatories for the dentist, one operatory for the hygienist, plus an additional plumbed room that could be converted into another operatory. There is currently a nice lab. 2 private bathrooms. The new owner could also lease the currently vacant space next door to enlarge the practice even more.

The practice is lavishly equipped with a Carestream 9300 Large View 3D CBCT/Pano, 4 wall-mounted x-ray units, a DigiDoc Intraoral Camera, a Picasso Lite Diode Laser, a Velscope for cancer detection, a Diagnodent laser, an Erkoform to fabricate night guards and so much more, plumbed and in-use nitrous. There are 2 Isolite units. Vital Signs monitor for Sedation. Also available for the remaining payments is a 5D iTero scanner.

This practice enjoys very high social media reviews and is well known for its attention to individual care and customer service. With its current 3-day work week, no advertising efforts currently being made, and many services being referred out - all endo, most surgeries, implants, perio surgery, extractions, and most pedo - a new buyer could easily grow this practice!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1980
Year Practice Was Established in Current Location: 2013
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2013
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: 648 (past 18 months)
Approximate total active patients on hygiene recall: 442
(past 18 months)

Average number of new patients per month: 7
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION

Current Monthly Lease Rate: $2,588
Lease Expires on: 1/1/2023
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 17%
Preventive: 9%
Restorative: 34%
Endodontics: 1%
Periodontics: 10%
Prosthodontics, removable: 2%
Implant Services: 11%
Prosthodontics, fixed: 4%
Oral Surgery: 1%
Orthodontics: 5%
Adjunctive General Services: 2%
Other Services: 1
Procedures Referred Out: All endo, most surgeries, implants, perio surgery, EXTs and most pedo

COLLECTIONS

Gross Annual Collections for 2021: $603,772
Gross Annual Collections for 2020: $437,159
Gross Annual Collections for 2019: $504,981

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,510
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

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