Completely Paperless Practice in East Texas - #1625

Public Overview

Status Type

Under Contract

Practice Type

General

Opportunity Type

Practice for Sale

Transition Type

Sell Practice and Leave

State

Texas

Region

East Texas

City or Advertised Area

East Texas

Description

Completely Paperless and Top-Notch Practice located about1.5 hours from McKinney in East Texas! This profitable practice has 1,833 active patients and averages 16 new patients per month. The practice is nicely furnished with four fully equipped operatories for the dentist, two for the hygienists, as well as one additional operatory that is plumbed but not equipped. The practice also has many other amenities such as digitial x-rays, a Panorex, and nitrous. This long-standing practice relocated to a spacious 4,200 square feet building in 2002. With a patient payment base of 100% fee for service, this practice grossed $961,361 in 2018. The selling doctor in this practice works only a 3.5 day work week, so a new buyer could easily grow this practice. This is a perfect practice opportunity for a young dentist to earn an impressive salary and raise a family in a great community!

Listing Reference Number

1625

Public Financial Info

Annual Collections

$797,744

Asking Price

$595,000

Public Facility & Practice

Office Space (Square feet)

4211

Equipped Operatories (#)

6

Public Insurance Breakdown (By %)

Cash

100%

Public Practice Info

Number of Days Worked per week

3

Public Patient Info

Number of Active Patients

1764

Number of New Patients

20

Public Faculty Info

Location

-

Number of Parking Spots

15

Monthly Rent

3650

Lease Assignable

Yes

Hygiene Operatories

2

Plumbed Not Equipped Operatories

1

Digital X Ray

Yes

Average Age Equipment

20

Public Fanancial Info

This Year Prior

797744

Two Year Prior

961361

Three Year Prior

865542

Public Transaction Info

Closing Date

2020-08-31

Practice Gross

797744

Amount

$55,000

Broker Contact Info

Earl Douglas, a dental practice broker for ADS South

Frank J. Brown, JD, LL.M.

469-222-3200
jeremy@adstexas.com