Southwest of DFW Metroplex - General - Listing #1887

Established in 1980, this very reputable and well-known general practice is located on a prime corner lot with great visibility! The practice is well equipped with three operatories for the dentist, three hygiene operatories, as well as five wall-mounted x-rays units, digital x-rays via the Scan X digital phosphor plate system, a PC 4000 Panoramic Machine, and plumbed and in-use nitrous. The practice maintains a 45% Fee For Service and 55% Medicaid/CHIP collections breakdown while averaging 30 new patients per month.
The Practice boasts a tremendously successful hygiene department generating 52% of the practice's revenue. Furthermore, the owner of this practice refers out many procedures, including almost all permanent tooth extractions and endo, so this is a rare opportunity to take an already highly profitable general practice and instantly grow the income significantly by bringing some bread and butter procedures back in-house.
This practice has been family owned for its entire 43 years of existence, the last 17 years of which have been with the current family member owner. This practice has been built solely on patient and doctor referrals with minimal to no advertising and it is well-known for the longevity of its doctor/patient relationships as well as the longevity of the staff. Following the sale of the practice, the owner plans to retire from dentistry. Inquire now to own this fantastic general practice with a well-trained staff and loyal patient base in a thriving small town.

PRACTICE HISTORY
Year Practice Was Established in Current Area: 1980 Year Practice Was Established in Current Location: 1980 Seller Purchased Practice: Yes Year Seller Purchased Practice: 2007 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: 8.0

PATIENT BASE
Approximate total active patients: 2548 (past 18 months) Approximate total active patients on hygiene recall: 1784
(past 18 months) Average number of new patients per month: 30
Approximate percentage of practice income breakdown: FFS and Cash: 44% Medicaid: 54%

LEASE INFORMATION

PRODUCTION BREAKDOWN
Diagnostic: 38% Preventive: 28% Restorative: 25% Periodontics: 1% Prosthodontics, removable: 1%
Prosthodontics, fixed: 1% Oral Surgery: 1% Adjunctive General Services: 3% Procedures Referred Out: Almost all adult exodonita, endo, complex prosthodontics, implant placement and restorations, all ortho, all perio surgery










COLLECTIONS
Gross Annual Collections for 2022: $931,501 Gross Annual Collections for 2021: $887,949 Gross Annual Collections for 2020: $910,551
FACILITY
Total Number of Equipped Operatories: 6 Operatories Equipped for Dentist: 3




Operatories Equipped for Hygiene Department: 3 Facility Space (sq ft): 2,604 Facility Expandable: Yes 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
EQUIPMENT
Average Age of Equipment: 6 Practice Software: Eaglesoft Level of Computerization: Each Operatory & Front Desk Panorex: Yes Intraoral Camera: No Laser: No Cerec: No Nitrous Oxide: Plumbed and In Use