Growing General Dental Practice in Dallas – UNDER LOI

CURRENTLY UNDER LETTER OF INTENT

NEW LISTING – Dental Practice #490

Growing general dentistry practice with busy hygiene program available for immediate purchase.  Practice is located in a highly desirable office tower with five (5) equipped operatories. Seller is retiring and will provide transition.

Physical facilities:

  • 2,038 sq. ft. (approximate) office
  • Lease rate is $7,772 per month, includes electric, CAM, janitorial, ins. & taxes
  • Practice features 7 underground parking spaces at $75/month per space
  • Five (5) fully equipped operatories
  • Reception area, business office, separate office manager’s office
  • Sterilization and lab areas, staff/break area, private doctor’s office
  • Dexis digital radiography w/ 2 sensors
  • Soredex Cranex Novus digital panoramic x-ray
  • iTero Element intra-oral scanner
  • Aribex Nomad Pro 2 portable x-ray
  • Pioneer Elite diode laser
  • Dentrix software – HP server w/ 9 workstations
  • Physical assets valued at $219,000

Practice information:

  • Mixed PPO-Fee for Service patient base
  • Averaging 16 new patients/month in past 9 months
  • Dentrix report yields approx. 1,148 unique patients in past 24 months
  • Office open 4 days/week (Alternates Mon-Thurs, then Tues-Fri)
  • Averaging 8 hygiene days/week
  • Staff: 1 Ofc Mgr, 1 FD, 2 RDA, 2 RDH
  • 18-month adjusted monthly collection avg through June 2020 is $74,366
  • Annual Collections for
    • 2020   $888,588 (annualized and adjusted for Covid)
    • 2019   $893,657
    • 2018   $979,233 (annualized)

Price:

$622,000         Exclusive of Accounts Receivable


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