Excellent Opportunity in Northwest Houston

Houston - General - Listing #1637


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This lucrative and thriving general practice is located in a highly trafficked area of Northwest Houston with private gated parking! The long-standing patient base is 50% Fee for Service and 50% PPO with 2018 gross collections totaling $456,749.

The practice is equipped with three operatories including one that needs updating. The practice is also equipped with x-rays in each operatory, a Panorex, an Intraoral camera, Vizilite Pro cancer detection scope, Aseptico implant motor and implant equipment, and plumbed nitrous. An added bonus includes a new server with all software in good working order and networked computers throughout the office.

The total active patient count over the last eighteen months is 411 and the practice is averaging 7 new patients per month over the last 12 months. Don't miss out on this solid general practice in a very active and vibrant community with new businesses and new neighborhoods moving in!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1981
Year Practice Was Established in Current Location: 1981
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 411 (past 18 months)
Approximate total active patients on hygiene recall: 350
(past 18 months)

Average number of new patients per month: 7
Approximate percentage of practice income breakdown:
FFS and Cash: 50%
PPO: 50%

LEASE INFORMATION

Current Monthly Lease Rate: $1,500
Lease Expires on: 10/31/2019
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

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

COLLECTIONS

Gross Annual Collections for 2018: $456,749
Gross Annual Collections for 2017: $389,006
Gross Annual Collections for 2016: $384,144

FACILITY

Total Number of Equipped Operatories: 3
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 1
Facility Space (sq ft): 1,200
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: 7
Practice Software: Practice-Web Dental
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: No
Panorex: Yes
Intraoral Camera: Yes
Nitrous Oxide: Plumbed and In Use