Full Price: $425000 - Western Practice Sales

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WESTERN PRACTICE SALES
John M. Cahill Associates
#LV-465
Las Vegas, Nevada
The Doctor averages 30+ patients per day which includes Hygiene and
welcomes approximately 80 new patients per month.
The office is conveniently located in an attractive, well-maintained building
w/ ample parking on a busy, major thoroughfare in a mixed
residential/commercial neighborhood in area of high growth.
The office occupies approximately 1,500 square feet and consists of 5 fully
equipped ops, Reception area, Sterilization, Dark room, Lab and 2
Restrooms.
Full Price: $425,000
For further details or on-site visit, please contact:
Timothy G. Giroux, DDS
Jon B. Noble, MBA
John M. Cahill, MBA
Edmond P. Cahill, JD
800.641.4179
► Honesty
► Integrity
► Professionalism
► Experience
We look forward to serving you
#LV-465
$425,000
WESTERN PRACTICE SALES / JOHN CAHILL ASSOCIATES
PRACTICE INFORMATION SHEET
OFFICE OPERATION INFORMATION
SUN
MON
TUE
WED
THUR
Office Hours
8:15–5:30
8:15–5:30
8:15–5:30
8:15–5:30
Doctor’s Hours
8:40-5:30
8:40-5:30
8:40-5:30
8:40-5:30
FRI
Type of Practice:
General
Reason for Selling:
Relocation
Years established:
Since 2000
Days worked past 12 months:
~ 200 days
SAT
OFFICE SPACE & LEASE INFORMATION
Is the building/suite owned? No
Is building available for purchase?
Is the space leased?
Yes
Is lease renewable? Yes
Term of Lease:
5 years
Rent per month:
$3,200/month
Is lease assignable?
Expiration date:
Is space shared with another dentist?
Any common area fees? No
Are utilities included?
N/A
Yes
October 2011
No
Who pays Taxes & Insurance?
Yes
If yes, which?
Utilities & Water
Is the rent considered above, below or at fair market value?
Fair Market Value
Office Square footage:
Yes
1,500 sq. ft.
Carpet?
`ir conditioning?
Yes
Number of fully equipped ops: 5
Plumbed for additional ops?
Reception area: Yes
Dark room:
Yes
Doctor's office:
No
Lab:
Yes
Business office: No
Restrooms:
Yes, 2
Sterilization:
Yes
Storage:
No
No
Attractive, well-maintained building w/ ample parking on
Description of office building, Location and
busy, major thoroughfare in mixed residential/commercial
attributes of practice (a brief description):
neighborhood in area of high growth
Page (2) LV-465 (draft)
PRACTICE & PATIENT DEMOGRAPHICS
Breakdown of Service/Procedures as a percentage of Collections:
Preventative
Diagnostic
20
Adjunctive
General Operative 30
Perio
5
Crown/Bridge
Oral Surgery
Ortho/TMJ
0
Cosmetic
20
5
Dentures
5
10
Endo
5
0
Hygiene
What services/procedures are referred out? (Oral Surgery, Endo, Perio, Pedo, etc.)
Complex procedures of all of the above
Type of patients as a percentage of collections:
Insurance
3
Private Pay
PPO
1
6
Culinary
90
List Preferred Provider, Health Care Provider and Capitation Plans now in place:
Mostly Culinary
Number of Active Patient Files (Defined as “at least one visit in the past 2 years”):
Average number of patients per day?
Hygiene days per week:
Per-Doctor:
~ 3,000
30+ *Doctor does Hygiene
N/A
Average number of new patients per month for past 12 months: ~ 80
Average age of patients:
35 yrs
Does the office have Nitrous Oxide? No
Type of recall system used?
Computerized Postcards
Number of recalls per month?
100
What types of Practice Promotions are in effect?
Efficiency:
Television Ad on Spanish Television
EQUIPMENT & LEASEHOLDS
Average age of Equipment:
6 yrs.
Any equipment leases?
No
Equipment is right or left-handed?
Page (3) LV-465 (draft)
Right
PERSONNEL
Position
Days/Hrs
Date hired
Rate of Pay
Eligible for benefits
Available upon Request
Do family members work in the office?
No
Has staff left the practice recently?
Yes
Is there a practice management consultant?
No
If yes, how much are they paid?
ACCOUNTS RECEIVABLE
Last 3 years’ Gross Collections from Tax Returns:
2005 ___$ 653,360______________ 2004 _____$ 679,400_________ 2003 ____$ 693,209__________
*Collection amounts are approximate and should be verified by buyer.
Number of statements sent each month?
500
What type of computer?
Dell
Is software transferable?
Yes
Fees Schedule:
Available upon request
Is pegboard or computer?
Computer
What software?
EagleSoft
NOTE: The Seller has furnished the preceding information to WESTERN PRACTICE
SALES/JOHN M. CAHILL ASSOCIATES. This information has not been verified. A
potential Buyer should verify the accuracy of all information to his/her own satisfaction.
WESTERN PRACTICE SALES/JOHN M. CAHILL ASSOCIATES is an agent of the Seller
and therefore representing the interest of the Seller. We strongly advise a potential purchaser
to seek independent counsel to represent his/her interests. Counsel may be, but is not limited
to, an attorney, accountant, appraiser, broker or management consultant. Fees of such
counsel are the sole responsibility of the purchaser.
Page (4) LV-465 (draft)
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