WACO – GENERAL – LISTING #TX532

Located in the center of growing, mid-size Texas city, with high street visibility on major thoroughfare. This practice provides an opportunity for the pace of a small town and the amenities of a bigger city. Voluminous natural light pours into every room, not just the operatories. The dentist owns the building and would like to sell it with practice. This is a great investment opportunity to bundle your business with an appreciating asset!

1,200 sq. ft., 4 operatories, 2 hygiene and 2 dental. Single story, free standing. Over 99% collection ratio. Over 2,000 active patients within last 18 months. 70% fee for service and 30% insurance. 60% of patients between 26-65 years old. Open 4 days a week. Digital X-ray.

Contact Chrissy Dunn at 800-930-8017 OR Chrissy@DDRDental.com and reference “Waco Practice”.

       FACILITY

       Total Number of Equipped Operatories: 6
       Operatories Equipped for Dentist: 4
       Operatories Equipped for Hygiene Department: 2
       Facility Space (sq ft): 1,200
       Facility Expandable: No
       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

       PATIENT BASE

       Approximate total active patients: 
       Average number of new patients per month: 20
       Approximate percentage of practice income breakdown:
              *  FFS and Cash: 100%

       LEASE INFORMATION

       Current Monthly Lease Rate: $5,568
       Lease Expires on: 10/31/2019
       Lease Assignable: Yes
       Options to Renew: Yes

       SERVICES REFERRED OUT

       Endodontics: All
       Implant Surgery: All
       Orthodontics: Some
       Pediatrics: Some
       Periodontics: Some
       Surgery: Some

COLLECTIONS

Gross Annual Collections for 2018: $571,128
Gross Annual Collections for 2017: $560,008
Gross Annual Collections for 2016: $528,960

EQUIPMENT

Practice Software: Dentrix
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Portable Unit

PRACTICE HISTORY 

Year Practice Was Established in Current Area: 1979
Year Practice Was Established in Current Location: 1979
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1979
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