Dental Practice #572
Well-established orthodontic practice in desirable Collin County available for immediate purchase. 43 years at same condo location in medical/professional complex. Highly regarded practitioner ready to retire but will provide transition as needed for successor.
Physical facilities:
- 2,732 sq. ft. (approximate) office condominium- can be purchased or leased
- Lease rate will be $5,500 per month, including HOA dues if leased
- NNN charges for property taxes and property insurance are Tenant’s responsibility
- Ortho bay with 5 chairs and units
- Two exam/consult rooms
- Planmeca digital pan/ceph x-ray
- Itero Element scanner
- Reception area, separate business office
- Lab & sterilization areas, staff/break area
- Dolphin ortho software – 13 total computer workstations
- Physical assets estimated Fair Marker Value- $176,000
Practice information:
- All Fee for Service patient base
- Approx. Contracts Receivable of $300,899 as of July 31, 2024
- Approx. 177 starts in 2023 based on 232 New Patients
- Practice sees patients 3.5 days per week
- Staff: Ofc Manager plus 2 front, 3 assistants, 1 PT Marketing
- 7 month collection average through July 2024 is $56,925
- Annual Collections for:
- 2023: $911,452
- 2022: $1,024,805
- 2021: $998,306
Price:
$530,000 Exclusive of Real Estate
