MIDLAND – GENERAL – LISTING #1623

Located near a major highway near Midland Texas, this practice offers small town living outside of a fun town. With West Texas Crude at its most profitable in years, this practice offers a steady flow of affluent patients without the competition of a larger market. The practice provides general dental services to recurring patient base. This is a great location for raising family and living the quite country club life.

Medium six figure gross collections and high net income on a four-day work week. Approximately 2,000 sq. ft. using four operatories (2 dental and 2 hygiene), well maintained equipment, digital x-ray and paperless charts. Contact Chrissy Dunn at 800-930-0817 OR Chrissy@DDRDental.com and reference “Midland General”

       FACILITY 

       Total Number of Equipped Operatories: 4
       Operatories Equipped for Dentist: 2
       Operatories Equipped for Hygiene Department: 2
       Facility Space (sq ft): 2,000
       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: 1800 (past 18 Months)
       Average number of new patients per month: 10
       Approximate percentage of practice income breakdown:
             *   FFS and Cash: 100%

       LEASE INFORMATION 

       Current Monthly Lease Rate: $1,000
       Lease Expires on: 10/31/2019
       Lease Assignable: Yes
       Options to Renew: Yes 

       SERVICES REFERRED OUT 

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

COLLECTIONS

Gross Annual Collections for 2018: $1,187,028
Gross Annual Collections for 2017: $1,139,824
Gross Annual Collections for 2016: $1,244,785

EQUIPMENT

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

PRACTICE HISTORY 

Year Practice Was Established in Current Area: 2013
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

 

Selling dental practices for more than 30 years across every region of Texas, including successful transactions in key markets like Houston, Austin, and Dallas.

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