TX1772

 Dallas, Texas

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General Practitioner

Date Listed: May 4th, 21

Tell Me More About This Property

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1200

SQ.FT

3

OPERATORIES

people

-

ACTIVE PATIENTS

today

3

DAYS OPEN PER WEEK

Description

Located in the heart of Dallas, Texas, this solid general dentist practice has earned a fantastic reputation with positive on-line reviews. The practice is located in a 1,200 square foot shopping center complex with a great lease rate and is equipped with three operatories, as well as digital x-rays in each operatory, a digital PANO unit, isodry in one operatory, an Intraoral Camera, a portable nitrous unit.

With a patient base of 50% PPO, 45% fee for service, and 5% Medicaid, this practice maintains a very low overhead including a low monthly lease rate of $2,200. The owner in this practice is in the process of eliminating all Medicaid from the practice.

With the selling dentist working only a three-day work week, the new buyer could easily grow this practice to even greater heights!

 

PRACTICE HISTORY

Year Practice Was Established in Current Area: 2003
Year Practice Was Established in Current Location: 2003
Seller Purchased Practice: Yes
Has There Been Partner in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 3.0
 

PATIENT BASE

Approximate total active patients: 274 (past 18 months)
Approximate total active patients on hygiene recall: 200
(past 18 months)

Average number of new patients per month: 12
Approximate percentage of practice income breakdown:
FFS and Cash: 45%
PPO: 50%
HMO and Capitation: 5%
 

LEASE INFORMATION

Current Monthly Lease Rate: $2,399
Lease Expires on: 02/01/2021
Lease Assignable: Yes
Options to Renew: Yes
 

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2019: $207,447
Gross Annual Collections for 2018: $291,638
Gross Annual Collections for 2017: $499,528
 

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 3
Facility Space (sq ft): 1,200
Facility Expandable: No
Type of Building: Shopping Center 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: 2
Practice Software: Open Dental
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: No
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit