Garland General Dentistry Practice for Sale – UNDER LOI

NEW LISTING – Dental Practice #501 – UNDER LOI

Established general dentistry practice in Garland, TX available for purchase.  Located in a multi-level, commercial building with five (5) fully equipped operatories. Relationship-based practice with strong hygiene activity and updated technology. Doctor has built strong goodwill over the past 38 years and will provide transition to ensure continuity.

Physical facilities:

  • 1,894 sq. ft. (approximate) office
  • Lease rate is $2,390 per month, includes property taxes, insurance and CAM
  • Five (5) fully equipped operatories
  • Reception area, business office, patient record room, consult office
  • Large sterilization and lab area, staff/break area, private doctor’s office
  • Schick digital radiography with two (2) sensors
  • Planmeca E4D crown fabrication system with PlanMill40 milling unit
  • Nobel Osseoset implant motor
  • Sirona Orthophos XG5 digital panoramic x-ray
  • Eaglesoft dental practice software – Dell PowerEdge T330 server w/ 9 workstations
  • Physical assets valued at $182,000

Practice information:

  • Mixed PPO/FFS/In-house discount plan patient base
  • Ortho and pedo referred out
  • Minimal practice marketing
  • Averaged 10 new patients/month in 2020
  • Patient Analysis report shows ~1,360 unique patients visited in past 24 months
  • Office open 3.5 days/week (M-W 8-5pm, Th 8-1pm)
  • Averaging 3.5 hygiene days/week
  • Staff: 2 Front Desk, 2 RDA, 1 Hygienist (2 Hygienists pre-Covid)
  • Monthly collection avg adjusted for Covid through Dec 2020 is $44,952
  • Annual Collections for
    • 2020 $539,421 (Adjusted for Covid stoppage)
    • 2019  $588,404
    • 2018   $573,578

Price:

$341,000         Exclusive of Accounts Receivable


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