High Income Practice with Real Estate Available in Mid-Size City

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Northwest of Fort Worth - General - Listing #1913


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Originally established in 1971, this very reputable and well-known general practice is located on a well-traveled road with great visibility. Recent updates to this free-standing building include an updated exterior and a modernized, clean interior with 3 new dental chairs and a new Dexis Scanner. The seller for this practice also owns the real estate which is also for sale.

With an active patient count of over 2,300 and an average new patient count of 38 new patients per month, this practice has a collection breakdown of 30% FFS and 70% PPO. The practice is well-equipped with 3 dental operatories, 2 hygiene operatories, 4 wall-mounted x-rays, 1 mobile x-ray unit, a Carestream 8100 Panorex, and plumbed, in-use nitrous.

This computerized practice is known for high quality general dentistry in an honest, relaxing environment employing a fantastic staff that will greatly benefit the new owner. This is a wonderful opportunity to own a practice in a stable, low-stress community while earning a fantastic salary with collections well over $1.5M!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1971
Year Practice Was Established in Current Location: 1971
Seller Purchased Practice: Yes
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 2384 (past 18 months)
Approximate total active patients on hygiene recall: 1800
(past 18 months)
Average number of new patients per month: 38
Approximate percentage of practice income breakdown:
FFS and Cash: 30%
PPO: 70%

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PRODUCTION BREAKDOWN

Diagnostic: 16%
Preventive: 15%
Restorative: 36%
Endodontics: 3%
Periodontics: 3%
Prosthodontics, removable: 10%
Implant Services: 3%
Prosthodontics, fixed: 6%
Oral Surgery: 5%
Orthodontics: 2%
Adjunctive General Services: 1%
Procedures Referred Out: Implant surgeries, difficult endo, impacted wisdom teeth, complex othro & pedo,

COLLECTIONS

Gross Annual Collections for 2023: $1,618,878
Gross Annual Collections for 2022: $1,445,627
Gross Annual Collections for 2021: $1,376,397

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 2,000
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: Yes
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes
Estimated Property Value: $390,000


EQUIPMENT

Average Age of Equipment: 7
Practice Software: Carestream Practice Works
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use


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