First Class Cosmetic and General Practice!

Houston - General - Listing #1634


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Outstanding cosmetic practice offering first class care in a tranquil and caring environment! This upscale paperless practice offers a broad range of complex adult dentistry services including cosmetic, restorative, IV sedation, and Implant services. This state-of-the-art practice is lavishly equipped with computer workstations in every room (including the lab) with many double monitors, digital radiography, intraoral cameras, Diode Laser, Cone Beam CT and Panoramic, Trios 3shape Digital Scan/Impression, and 35mm Digital.

The selling dentist in this practice is open to selling the real estate which includes an apartment/ pool house currently being used as a MedSpa. The noted dental facility square footage is 1,750 sq ft, however, when you add the additional upstairs residence and the apartment the total square footage is actually 3,900. Also there is very good income potential from rental of the upstairs unit and the apartment. Another option is the purchaser can make the upstairs unit his or her residence and save a bundle.

The total active patient count over the last eighteen months is 2352 and the practice is averaging 13 new patients per month. The selling dentist in this practice is also willing to work back for the buying dentist to offer mentoring services and ease of transition. Inquire now about this fantastic opportunity to own an upscale practice in an affluent and eclectic area of Houston, Texas!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1996
Year Practice Was Established in Current Location: 2005
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: No
Average Number of Days Doctors Work per Week: 3.5
Average Number of Days Hygiene Dept. Works per Week: 3.0

PATIENT BASE

Approximate total active patients: 2352 (past 18 months)
Average number of new patients per month: 13
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION

Current Monthly Lease Rate: $8,264
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

Endodontics: Some
Implant Surgery: None
Orthodontics: Some
Pediatrics: All
Periodontics: Some
Surgery: None

COLLECTIONS

Gross Annual Collections for 2017: $2,232,387
Gross Annual Collections for 2016: $2,493,513
Gross Annual Collections for 2015: $2,348,861

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,750
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: Yes
Estimated Property Value: $975,000


EQUIPMENT

Average Age of Equipment: 5
Practice Software: Dentrix
Level of Computerization: Completely Paperless
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Not Plumbed