Quality Centered Practice in Affluent Southlake!

Southlake - General - Listing #1915


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UNDER CONTRACT

This profitable general practice serves a highly affluent patient base just off a major thoroughfare in Southlake, Texas! In 2021, the current owner remodeled the office and bought all new equipment resulting in a beautifully decorated and inviting space! This opportunity also comes with the ability to purchase the real estate that includes an established tenant for added income.

This 100% fee for service practice is currently equipped with five operatories as well as space to add an additional operatory that is already equipped with a chair and light. The practice also comes with 5 wall-mounted x-rays, 2 intraoral cameras, a KaVo digital panorex, a laser, KaVo electric handpieces, iTero scanner, and plumbed and in-use nitrous.

This fantastic practice is frequented by well-known clientele and has a fantastic reputation for its highly trained staff and exceptional dental services. With many services currently being referred out, the new owner could easily grow this already successful practice by adding more services.



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1989
Year Practice Was Established in Current Location: 2006
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 1684 (past 18 months)
Approximate total active patients on hygiene recall: 519
(past 18 months)

Average number of new patients per month: 3
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2023: $1,063,171
Gross Annual Collections for 2022: $1,215,753
Gross Annual Collections for 2021: $1,140,776

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 3,483
Facility Expandable: Yes
Type of Building: Free Standing Building
Facility is Owned by Seller: Yes
Facility is Available for Purchase: Yes

EQUIPMENT

Average Age of Equipment: 2
Practice Software: Dentrix
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Nitrous Oxide: Plumbed and In Use


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