North Fort Worth, TX, Ortho Practice, Listing #1851
Orthodontic
practice
This established ortho practice is located in a residential area with two middle schools and two elementary schools located within a mile of the office The practice is equipped with 4 ortho stations as well as digital x-rays, and a Sirona digital pan ceph.
The practice is 100% fee for service and averages 10 new patients per month.
This promising ortho practice is a perfect fit for someone wanting to grow an up-and-coming practice or a doctor wanting a second location! With the current owner working only 16 hours per week and one Saturday per month, this is a fantastic opportunity to grow an already established practice or add a second location. Inquire now for more information!
PRACTICE HISTORY
Year Practice Was Established in Current Area: 2012
Year Practice Was Established in Current Location: 2012
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2020
Has There Been Partner in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 2.5
PATIENT BASE
Approximate total active patients: 270 (past 18 months)
Approximate total active patients on hygiene recall: 5
(past 18 months)
FFS and Cash: 100%
LEASE INFORMATION
Current Monthly Lease Rate: $2,586
Lease Expires on: 5/31/2024
Lease Assignable: Yes
Options to Renew: Yes
PRODUCTION BREAKDOWN
Orthodontics: 100%
COLLECTIONS
Gross Annual Collections for 2021: $294,286
Gross Annual Collections for 2020: $295,415
Gross Annual Collections for 2019: $378,434
FACILITY
Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
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
Facility is Available for Purchase: No
EQUIPMENT
Average Age of Equipment: 10
Practice Software: Dolphin
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Not Plumbed