High Quality Care in Houston's Texas Medical Center

Houston - General - Listing #1651


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Located in the prestigious Texas Medical Center, this general dental practice operates in a spacious 2,900 square foot free standing professional building. This well-established practice started in 1981 boasts six total operatories, including 3 for the dentist, 2 hygiene rooms, and one surgical suite.

The practice maintains a 97% fee for service and a 3% PPO payment breakdown. The total active patient count over the last eighteen months is 1,600 and is averaging 5 new patients per month over the last twelve months.

This practice is well-known for its loyal base which is largely composed of physicians and their families, research scientists, Rice students, and oil and gas engineers. Patients come to this office for quality care with a personal touch.

Within the ever expanding Medical Center, there is tremendous potential for growth of this general practice and the addition of an on-site oral surgeon or periodontist.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1981
Year Practice Was Established in Current Location: 2008
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1992
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: 1488 (past 18 months)
Average number of new patients per month: 5
Approximate percentage of practice income breakdown:
FFS and Cash: 97%
PPO: 3%

LEASE INFORMATION

Current Monthly Lease Rate: $7,492
Lease Expires on: 12/14/2023
Lease Assignable: Yes
Options to Renew: No

SERVICES REFERRED OUT

Endodontics: Most
Implant Surgery: All
Orthodontics: All
Pediatrics: All
Periodontics: Most
Surgery: Most

COLLECTIONS

Gross Annual Collections for 2017: $622,661
Gross Annual Collections for 2016: $696,545
Gross Annual Collections for 2015: $679,044

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 2,900
Facility Expandable: No
Type of Building: Professional Building 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: 10
Practice Software: Dentrix
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit