Ortho Practice Northeast of Dallas!

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NE of Dallas - Orthodontic - Listing #1935


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UNDER CONTRACT

This long-time and well-known ortho practice is located near a busy intersection northeast of Dallas, Texas! The practice is equipped with 5 ortho stations as well as digital x-rays, a panorex, and a leased iTero scanner.

The seller works in this practice three days per week, and also works one day per week in a general dentist office that he subleases. On average, the seller works roughly 22 hours per week between the two locations.

The practice is 90% fee for service and 10% PPO, and averages 39 new patients per month. With the current owner working only 22 hours per week, this is a fantastic opportunity for a young energetic orthodontist to grow a practice and make it their own.



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1969
Year Practice Was Established in Current Location: 1998
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

PATIENT BASE

Approximate total active patients: 350 (past 18 months)
Average number of new patients per month: 11
Approximate percentage of practice income breakdown:
FFS and Cash: 90%
PPO: 10%

LEASE INFORMATION

Current Monthly Lease Rate: $2,167
Lease Expires on: 9/30/2025
Lease Assignable: Yes
Options to Renew: No

PRODUCTION BREAKDOWN

Orthodontics: 100%

COLLECTIONS

Gross Annual Collections for 2023: $502,885
Gross Annual Collections for 2022: $643,823
Gross Annual Collections for 2021: $826,536

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 5
Facility Space (sq ft): 1,300
Facility Expandable: No
Type of Building: Shopping Center Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 20
Practice Software: Ortho Trac
Level of Computerization: Front Desk Only
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Not Plumbed


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