General Practice in Northwest Houston!

Houston - General - Listing #1811


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This long-established practice is located in a highly populated and thriving area of northwest Houston near retail stores, restaurants, and neighborhoods. The practice is equipped with three operatories for the dentist and hygienists, as well as three wall-mounted x-rays, a Gendex DP 300 Pano, and an intraoral camera. This practice of 30 plus years is located on the first floor of a four-story building with plenty of parking. The practice has a total active patient count of 1,725 and has averaged 6 new patients per month over the last twelve months. The payment breakdown is 80% PPO and 20% fee-for-service. This practice is known for its longevity and constant presence in the community. With very little marketing being done by the current owner, a new owner could easily grow this well-known practice to greater heights. Inquire now to learn more about this fantastic opportunity!

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1980
Year Practice Was Established in Current Location: 2002
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: 4.5
Average Number of Days Hygiene Dept. Works per Week: 3.5

PATIENT BASE

Approximate total active patients: 1725 (past 18 months)
Approximate total active patients on hygiene recall: 1000
(past 18 months)

Average number of new patients per month: 6
Approximate percentage of practice income breakdown:
FFS and Cash: 20%
PPO: 80%

LEASE INFORMATION

Current Monthly Lease Rate: $2,596
Lease Expires on: 4/30/2022
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Restorative: 30
Endodontics: 10
Prosthodontics: 15
Oral Surgery: 5

COLLECTIONS

Gross Annual Collections for 2020: $346,674
Gross Annual Collections for 2019: $488,910
Gross Annual Collections for 2018: $519,747

FACILITY

Total Number of Equipped Operatories: 2
Operatories Equipped for Dentist: 1
Operatories Equipped for Hygiene Department: 1
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,600
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: 40
Practice Software: Eaglesoft
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No