General Dentistry Practice in Grapevine/Colleyville

NEW LISTING – Dental Practice #473

Well-established general dentistry practice available for immediate purchase.  Located in a small professional building.  Very strong hygiene activity (50% of revenue). 5 total ops. 4 currently equipped. Seller is retiring.

Physical facilities:

  • 2,300 sq. ft. (approx.) office in single story professional building
  • Room to expand next door
  • Monument signage on major street
  • Seller’s lease is month to month – Landlord has proposed new lease at $3,840/month
  • Five (5) total operatories – 4 are fully equipped, one additional unequipped
  • Proline EC digital panoramic
  • Schick digital radiography with 3 sensors
  • Reception area and business office, Consult office
  • Sterilization and lab areas, staff/break area, private doctor’s office
  • Dentrix software – Office server w/ 8 total workstations
  • Additional server for digital with 6 workstations
  • Physical assets valued at $110,000

Practice information:

  • Mostly PPO patient base
  • Averaging approximately 5 new patients/month in last 12 months
  • Very limited website. No external marketing
  • Software scan yielded approx. 901 unique patients seen in past 24 months
  • Office open 4 days/week (Mon to Thurs)
  • Doctor sees patients 4 days/week (Mon to Thurs)
  • Averaging 6 hygiene days/week
  • Staff: 2 PT hygienists, 1 RDA, 1 Front
  • 15-month collection average through March 2019 is $35,594
  • Annual Collections for
    • 2019   $383,528 (annualized)
    • 2018   $438,035
    • 2017   $450,582
    • 2016   $474,288

Price:

$261,000 Exclusive of Accounts receivable


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