Ideal Practice in West Houston!

West Houston - General - Listing #1731


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Located within close proximity to several major highways and the Galleria in West Houston, this highly successful general dentist practice boasts six operatories inside a 2,377 square feet office space. The practice is totally newly decorated with all new cabinets, flooring, and walls. very nicely equipped with digital x-rays, digital Panorex, Laser, and an Intraoral Camera, as well as plumbed and equipped nitrous in all six operatories.

Aside from the many small family cases attended to, the current owner also performs a great deal of sedation dentistry, large restorative cases, major cosmetic cases, root canals (including molars), extractions, and most bone grafts.

The total active patient count over the last eighteen months is 1628, and the practice is averages 16 new patients per month. With a patient payor mix of 67% fee for service and 23% PPO, the practice is on track to gross an impressive $1,162,485 this year.

Another attractive benefit to purchasing this practice is the owner is willing to work back for the new buyer on a schedule of 2-3 days per week for 6-12 months. Act quickly on this fantastic opportunity!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1975
Year Practice Was Established in Current Location: 1979
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1975
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 1628 (past 18 months)
Approximate total active patients on hygiene recall: 464
(past 18 months)

Average number of new patients per month: 16
Approximate percentage of practice income breakdown:
FFS and Cash: 67%
PPO: 23%

LEASE INFORMATION

Current Monthly Lease Rate: $4,299
Lease Expires on: 8/31/2020
Lease Assignable: Yes
Options to Renew: Yes

SERVICES REFERRED OUT

COLLECTIONS

Gross Annual Collections for 2018: $872,998
Gross Annual Collections for 2017: $1,028,179
Gross Annual Collections for 2016: $1,119,923

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 6
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 2,377
Facility Expandable: Yes
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: 25
Practice Software: Kodak Practice Works
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Plumbed and In Use