Hugely Discounted Price for Large Medicaid Practice!

Southeast Houston - General - Listing #1826


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Great opportunity to own a large Medicaid Dental practice in Houston, Texas! This large 4,000 square feet office boasts 7 operatories plus three additional operatories that are plumbed but not equipped. The practice is equipped with digital Panoramic x-rays, digital sensors, and digital charts.

This mostly Medicaid practice has recently undergone some business plan changes and is being offered at a heavily discounted price. Gross collections for the last two years were $1.4M and $1.7M respectively.

The current lease rate for the space is $8,500 per month. Inquire now for more details!



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PRACTICE HISTORY

Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2017
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: Yes

PATIENT BASE

Approximate total active patients: 3000 (past 18 months)
Approximate total active patients on hygiene recall: 2000
(past 18 months)

Average number of new patients per month: 50
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 15%
Medicaid: 80%

LEASE INFORMATION

Current Monthly Lease Rate: $8,500
Lease Expires on: 12/01/2024
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2020: $1,486,194
Gross Annual Collections for 2019: $1,714,520
Gross Annual Collections for 2018: $1,501,818

FACILITY

Total Number of Equipped Operatories: 7
Operatories Equipped for Dentist: 7
Additional Operatories Plumbed but not Equipped: 3
Facility Space (sq ft): 4,000
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: 4
Practice Software: Open Dental
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Nitrous Oxide: Portable Unit