PRICE REDUCED || Like-New Practice with Great Growth

Dallas - General - Listing #1927


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UNDER CONTRACT

Lone-standing building located in Northeast Dallas at a major road intersection with a traffic count of 45,000/day near many retail centers and neighborhoods. Incrediblevisibility with pylon signage available!

The practice is newly built with 4 operatories, plus an additional operatory that is plumbed but not equipped, a mobile X-Ray unit, a Villa EVO-D Pan ceph with bite wings, and plumbed and in-use nitrous.

This practice started out 3 days per week and recently reduced to 1 day per week due to owner's medical issue, so a new owner could immediately increase the patient flow!

Majority of new patients coming from drive-by with little to none marketing implemented - huge potential for growth!
With a patient base of 85% INSURANCE,10% SELF-PAY, and 5% children's Medicaid, the total active patient count over the last seventeen months is 565 and the total new
patient count is 489.

This practice was built right before post-pandemic inflation and is priced very competitively. Newly built offices would be priced much higher when put on market next couple years since buildout costs have gone up significantly.

Compared to spending $750K these days on a brand new startup, you have the advantage of acquiring a close to brand new practice plus a solid patient pool to start with, easy to pick up for any new practice owner!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2022
Year Practice Was Established in Current Location: 2022
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: 3.0

PATIENT BASE

Approximate total active patients: 565 (past 18 months)
Approximate total active patients on hygiene recall: 40
(past 18 months)

FFS and Cash: 10%
PPO: 80%
Medicaid: 10%

LEASE INFORMATION

Current Monthly Lease Rate: $9,326
Lease Expires on: 12/15/2031
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2023: $576,998

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,800
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

EQUIPMENT

Average Age of Equipment: 1
Practice Software: Open Dental
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Nitrous Oxide: Plumbed and In Use


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