Houston - Periodontal - Listing #1833
This periodontal office is on the top floor of a low-rise beautifully remodeled and landscaped professional building in an upscale area and is accessible by four major highways.The building features ample free covered parking, on site security and a pharmacy.
The approximately 2200 square foot suite has six well equipped multi-use treatment rooms; two bathrooms and a sound system throughout. Included in the practice are: two digital x-ray units, one wall mounted and one mobile, a Sirona CBCT and digital panorex, HEPA filters, ozone generators, UV lights, extra-oral suction and plumbed in nitrous oxide. The selling dentist also just purchased a new Implant Motor in March 2022!
Included in the monthly rent are the following: electricity, water, sewerage, security, janitorial service, on-site building maintenance and paper products.
The patient payment base is approximately 75% fee for service and 25% PPO averaging 1800 total active patients and 20 new patients per month.
This practice has an experienced, caring and dedicated team that provides excellent patient care. This practice has been pre-approved for financing with the right buyer, so please contact us to learn more about this fantastic practice opportunity!
PRACTICE HISTORYYear Practice Was Established in Current Area: 1981
Year Practice Was Established in Current Location: 1994
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: Yes
Average Number of Days Hygiene Dept. Works per Week: 7.0
PATIENT BASEApproximate total active patients: 1800 (past 18 months)
Average number of new patients per month: 20
Approximate percentage of practice income breakdown:
FFS and Cash: 75%
LEASE INFORMATIONCurrent Monthly Lease Rate: $4,933
Lease Assignable: Yes
PRODUCTION BREAKDOWNDiagnostic: 10%
Implant Services: 20%
Procedures Referred Out: Endo, Ortho, Some Oral Surgery
COLLECTIONSGross Annual Collections for 2021: $960,931
Gross Annual Collections for 2020: $996,993
Gross Annual Collections for 2019: $1,010,214
FACILITYTotal Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 4
Facility Space (sq ft): 2,200
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
EQUIPMENTAverage Age of Equipment: 10
Practice Software: Eaglesoft
Level of Computerization: Each Operatory & Front Desk
Intraoral Camera: No
Nitrous Oxide: Plumbed and In Use