Listing – General TX#566
Collections: $825,000
Operatories: 5
Practice provides general comprehensive dental care for all ages but specializes in fixed prosthodontics and a robust hygiene program. Located in highly sought after affluent area that is in high demand and a rapidly growing location. In a single story stand-alone building that draws from mature upscale neighborhood and nearby schools. Operatories have a lake side view. Practice produces high six figures, has 4 operatories, (2 dental and 2 hygiene) within 1,550 sq. ft. Immaculate equipment, all digital. Majority of patients are middle and high income with 97% collection ratio.
FACILITY
Total Number of Equipped Operatories :
4
Operatories Equipped for Dentist :
2
Operatories Equipped for Hygiene Department:
2
Facility Space (sq ft):
1,550
Facility Expandable:
No
Type of Building:
Free Standing Building
Practice Shares Space with Another Practice:
No
Facility is Owned by Seller:
No
Facility is Available for Purchase:
No
PATIENT BASE
Average number of new patients per month:
15-20
Approximate percentage of practice income breakdown:
FFS and Cash:
10%
Insurance (PPO):
70%
LEASE INFORMATION
Current Monthly Lease Rate:
$4,000
Lease Expires on:
11/2023
Lease Assignable:
Yes
Options to Renew:
Yes
SERVICES REFERRED OUT
Endodontics:
Some
Implant Surgery:
Some
Orthodontics:
All
Pediatrics:
Some
Periodontics:
All
Surgery:
Some
COLLECTIONS
Pro Forma Gross Collections for 2018:
$800,000
Gross Annual Collections for 2017:
$800,000
Gross Annual Collections for 2016:
$850,000
EQUIPMENT
Practice Software:
XL Dent
Level of Computerization:
Each Operatory & Front Desk
X-Ray Access in Each Operatory:
Yes
Digital X-Ray:
Yes
Panorex:
No
Intraoral Camera:
N/A
Laser:
N/A
Cerec:
N/A
Nitrous Oxide:
Plumbed
PRACTICE HISTORY
Year Practice Was Established in Current Area:
1988
Year Practice Was Established in Current Location:
1988
Seller Purchased Practice:
Yes
Year Seller Purchased Practice :
1988
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