Dynamic Practice in Houston!

Houston - General - Listing #1838


SHARE LISTING

UNDER CONTRACT

Fantastic general practice located in Houston Texas! Established in 1974, the practice is located in a spacious 2,975 square feet stand along building. Working only a 3.5 day work-week, 2020 collections totaled $1,009,824 with a patient base of 70% fee-for-service and 30% PPO. The total active patient count over the last eighteen months is 2,600 with an average new patient count of 13 per month.

In the last few years, the current owner purchased all new equipment including digital x-rays, a Panorex, Intraoral Camera, and a Laser. In addition, the practice boasts three operatories for the dentist and two opertories for the hygienist.

The seller is committed to ensuring a successful transition for the new buyer. Inquire now for information on this fantastic and profitable practice!



Request More Info

PRACTICE HISTORY

Year Practice Was Established in Current Area: 1974
Year Practice Was Established in Current Location: 1974
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: 3.5
Average Number of Days Hygiene Dept. Works per Week: 3.5

PATIENT BASE

Approximate total active patients: 2600 (past 18 months)
Average number of new patients per month: 13
Approximate percentage of practice income breakdown:
FFS and Cash: 70%
PPO: 30%

LEASE INFORMATION

Current Monthly Lease Rate: $3,350
Lease Expires on: 3/31/2022
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 11%
Preventive: 12%
Restorative: 16%
Endodontics: 4%
Periodontics: 2%
Prosthodontics, removable: 1%
Prosthodontics, fixed: 31%
Oral Surgery: 2%
Orthodontics: 4%
Adjunctive General Services: 7%
Procedures Referred Out: 10

COLLECTIONS

Gross Annual Collections for 2021: $1,003,274
Gross Annual Collections for 2020: $1,009,824
Gross Annual Collections for 2019: $1,059,459

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 3,100
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: 5
Practice Software: Carestream (Soft Dent)
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Portable Unit