#517 Northeast Texas General Dentistry Practice for Sale

$651,000
Sold

General practice

5 operatories
1900 sq. ft.
$899,910 in annual collections

Established, profitable general dentistry practice in a rural community of 15,000+ available for immediate purchase. Updated technology with large patient base. Seller has built strong goodwill in community for over 15 years and is retiring. Seller will provide transition to ensure continuity.

Physical facilities:
1,900 sq. ft. (approximate) office
Stand Alone professional building asking price – $300,000
Seller prefers to sell building w/ practice
Five (5) fully equipped operatories
Reception area, business office for 2 staff members,
Sterilization and lab areas, staff/break area and private doctor’s office
Sirona Orthophos XG digital panoramic x-ray (3D ready),
Dexis digital radiography with 4 sensors (1 Platinum, 3 Titanium),
Sirona Cerec AC crown fab system w/milling unit
Sirona SiroLaser diode laser
Dentrix dental practice software – Dell T320 PowerEdge server w/ 8 workstations
Physical assets valued at $221,000
Practice information:
All Fee for Service patient base
Refers out most Pedo, Ortho, Endo, and Surgery
Minimal practice marketing
Averaging ~26 new patients/month from May 2020 – April 2021
Dentrix scan shows ~2,127 unique patients visited from 5/1/19-5/1/21
Office is open 4 days/week (M-Th)
Averaging 7-8 hygiene days/week
Staff: 1 Front, 2 RDH, 2 RDA – all working 32 hours/week
18.5-Month collection avg adjusted for Covid through Aug 2021 is $71,177
Annual Collections for:
2021 $899,910 (annualized)
2020 $819,240 (annualized and adjusted for Covid stoppage)
2019 $848,463

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