Fantastic Ortho Practice!

The Woodlands Area - Orthodontic - Listing #1502


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Ortho Practice North of Houston, Texas! Established in 2011, this practice is located in a 3,000 square feet, free-standing building with almost new equipment. The practice is equipped with a total of seven operatory chairs including five in the bay area, one in the exam room, and another in the x-ray room. The practice is 45% fee for service, 45% PPO, and 10% HMO with an active patient count of 198 and a new patient rate of 16 per month. The selling orthodontist works only two days per week in this practice, making this is a fantastic opportunity for a young energetic orthodontist to grow a practice and make it their own!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2011
Year Practice Was Established in Current Location: 2011
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 2.0

PATIENT BASE

Approximate total active patients: 198 (past 18 months)
Average number of new patients per month: 16
Approximate percentage of practice income breakdown:
FFS and Cash: 45%
PPO: 45%
HMO and Capitation: 10%

LEASE INFORMATION

Current Monthly Lease Rate: $4,200
Lease Expires on: 02/28/2016
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2015: $380,000
Gross Annual Collections for 2014: $322,519
Gross Annual Collections for 2013: $291,536

FACILITY

Total Number of Equipped Operatories: 7
Operatories Equipped for Dentist: 7
Facility Space (sq ft): 3,000
Facility Expandable: No
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 5
Level of Computerization: Front Desk Only
X-Ray Access in Each Operatory: No
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: No
Laser: Yes
Cerec: No
Nitrous Oxide: Not Plumbed