Austin, TX, General Practice, Listing #1858

Price available upon request
Unlisted

General practice

4 operatories
1500 sq. ft.
$433,007 in annual collections
Listed by Watson Brown

Located in the highly desired area of North Austin in the midst of retail stores, restaurants, and neighborhoods. The patient base in this solid practice is 75% PPO and 25% with a total active patient base of 2,650 and an average of 15 new patients per month.

The practice is equipped with a total of 4 operatories as well as 2 wall-mounted x-rays that swing to accommodate all 4 operatories, 4 intraoral cameras, a pano, and plumbed nitrous. The current owner has recently upgraded to a fully digital practice which allows for a well-organized flow in the daily schedule.

This practice is known for its +30-year span of serving entire families and providing the ultimate experience in custom dentistry needs. The loyal and highly trained staff will be of great assistance to the new buyer. With the current dentist working only 3.5 days a week and very little marketing efforts being made, a new owner could easily grow this already solid practice!

PRACTICE HISTORY
Year Practice Was Established in Current Area: 1982
Year Practice Was Established in Current Location: 1990
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1990
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: No

PATIENT BASE
Approximate total active patients: 2650 (past 18 months)
Approximate total active patients on hygiene recall: 950
(past 18 months)
Average number of new patients per month: 15
Approximate percentage of practice income breakdown:
FFS and Cash: 25%
PPO: 75%

LEASE INFORMATION
Current Monthly Lease Rate: $2,800
Lease Expires on: 11/30/2024
Lease Assignable: Yes

PRODUCTION BREAKDOWN
Diagnostic: 13%
Preventive: 11%
Restorative: 43%
Endodontics: 6%
Periodontics: 5%
Prosthodontics, removable: 5%
Implant Services: 2%
Prosthodontics, fixed: 8%
Oral Surgery: 5%
Adjunctive General Services: 1%
Other Services: 1
Procedures Referred Out: Wisdom teeth, every now and then refers out perio case (surgery oriented)
COLLECTIONS
Gross Annual Collections for 2021: $433,007
Gross Annual Collections for 2020: $216,576
Gross Annual Collections for 2019: $477,415

FACILITY
Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 1,500
Facility Expandable: No
Type of Building: Shopping Center Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No

EQUIPMENT
Average Age of Equipment: 10
Practice Software: Dentrix
Level of Computerization: Each Operatory & Front Desk
Panorex: No
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use

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