5-Star General Practice For Sale!

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Denton County - General - Listing #1899


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This one owner practice is located in a 2,295 square feet free standing building equipped with 2 operatories for the dentist, 2 for the hygienists, and 1 additional operatory that is plumbed but not equipped. Although older, the equipment has been meticulously maintained through the years, and the chairs have all been reupholstered to look brand new!

This long-time practice boasts a wonderful staff consisting of a front desk manager, chairside assistant, and two hygienists who will greatly benefit the new owner. The practice has a loyal patient base with excellent name recognition and a 5-Star online rating. With 900 total active patients, the patient base is 95% fee for service with 6 new patients per month.

The current owner is willing to assist the new owner by working back one or two days per week for 6-12 months. In addition, the owner’s half of the building is for sale for an added benefit!

With many services being referred out and the current owner working a 3-day work week, a new owner could easily grow the practice by bringing more services back in-house and working a 40-hour work week!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1984
Year Practice Was Established in Current Location: 1986
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
Average Number of Days Hygiene Dept. Works per Week: 5.5

PATIENT BASE

Approximate total active patients: 900 (past 18 months)
Approximate total active patients on hygiene recall: 750
(past 18 months)
Average number of new patients per month: 6
Approximate percentage of practice income breakdown:
FFS and Cash: 95%
Other: 5%

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PRODUCTION BREAKDOWN

Diagnostic: 18%
Preventive: 24%
Restorative: 37%
Prosthodontics, removable: 7%
Implant Services: 11%
Procedures Referred Out: Endodontics, oral surgery, perio surgery, & orthodontics

COLLECTIONS

Gross Annual Collections for 2022: $509,985
Gross Annual Collections for 2021: $511,809
Gross Annual Collections for 2020: $499,353

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 2
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 2,295
Facility Expandable: No
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: $457,000


EQUIPMENT

Average Age of Equipment: 34
Practice Software: Eaglesoft
Level of Computerization: Each Operatory & Front Desk
Panorex: No
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use


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