200+ 5-Star Review Practice in Northeast Texas!

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Northeast Texas - General - Listing #1937


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Established in 1983, this 100% fee for service practice is located on a prime corner lot with great visibility! In the last three years, the practice has transitioned to a 3.5 day work week with an average annual collection of $812,494. The active patient count is 854 with an average of 11 new patients per month.

The dental office has 3 operatories equipped with nitrous-oxide units, a wall-mounted x-ray unit, a mobile x-ray unit, an OP200D Panoramic unit, and a Criticare patient monitor. Unique to this practice and it’s quality control, is an “in-house” lab for fabrication of dentures, partials, crowns, bridges, porcelain laminate veneers, night guards, denture repairs, etc. The lab is complete with a porcelain oven, pressing oven and burnout furnace.

Rurally located, this well-known and highly reputable practice draws patients from many adjacent cities, towns, and communities by offering comprehensive dentistry that includes restorative procedures, most oral surgeries, dental implant placements, bone grafting, sinus augmentations, periodontal surgeries, wisdom teeth extractions, endodontics, surgeries, apicoectomy surgeries, and biopsies. As an added bonus, the owner is willing to stay on to mentor the new owner to ensure successful transition, if desired.

The practice is housed in a free-standing 2,000 square foot building on a .3 acre lot that is available for purchase. If the new owner wanted to expand or erect a new multi-discipline facility, an adjacent .75 acre lot is also available for purchase. This practice has been built solely on reputation with minimal to no advertising and is well-known for the longevity of its doctor/patient relationships. With 4 different lakes within 40 miles, open land for hunting and fishing, as well as an excellent school district, this is a fantastic opportunity for a young dentist with a family to enjoy the beauty and serenity of the Northeast Texas Pineywoods!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1981
Year Practice Was Established in Current Location: 1983
Seller Purchased Practice: No
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: 3.5
Average Number of Days Hygiene Dept. Works per Week: 3.5

PATIENT BASE

Approximate total active patients: 854 (past 18 months)
Approximate total active patients on hygiene recall: 743
(past 18 months)

Average number of new patients per month: 11
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

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PRODUCTION BREAKDOWN

Diagnostic: 17%
Preventive: 10%
Restorative: 27%
Endodontics: 8%
Periodontics: 2%
Prosthodontics, removable: 5%
Implant Services: 11%
Prosthodontics, fixed: 7%
Oral Surgery: 7%
Adjunctive General Services: 2%
Procedures Referred Out: Ortho

COLLECTIONS

Gross Annual Collections for 2023: $797,101
Gross Annual Collections for 2022: $856,018
Gross Annual Collections for 2021: $784,364

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,000
Facility Expandable: Yes
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes
Estimated Property Value: $450,000


EQUIPMENT

Average Age of Equipment: 20
Practice Software: SoftDent
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use


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