High-Grossing Practice in Excellent Location!

South of Houston - General - Listing #1599


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High grossing general practice in an excellent location South of Houston! Established in 1991 and relocated in 1994, this fantastic practice has a total of SEVEN operatories in an expandable free-standing building that is also for sale.

With an impressive 13,856 active patients over the last eighteen months, this practice averages 55 new patients per month. The payment breakdown is 40% PPO, 50% Medicaid, and 10% fee for service with yearly collections averaging in excess of $1,400,000. The selling dentist in this well-maintained practice is willing to work back in the practice for 36 months to offer guidance to the new owner and ensure a successful transition.


PRACTICE HISTORY

Year Practice Was Established in Current Area: 1991
Year Practice Was Established in Current Location: 1994
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: Yes
Average Number of Days Doctors Work per Week: 4.5
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 13856 (past 18 months)
Approximate total active patients on hygiene recall: 8135
(past 18 months)

Average number of new patients per month: 55
Approximate percentage of practice income breakdown:
FFS and Cash: 10%
PPO: 40%
Medicaid: 50%

LEASE INFORMATION


PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2017: $1,533,350
Gross Annual Collections for 2016: $1,542,078
Gross Annual Collections for 2015: $1,490,829

FACILITY

Total Number of Equipped Operatories: 7
Operatories Equipped for Dentist: 7
Operatories Equipped for Hygiene Department: 7
Facility Space (sq ft): 3,364
Facility Expandable: Yes
Type of Building: Free Standing Building
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: Yes
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 10
Practice Software: Softdent
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: No
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use