Northeast of Houston - General - Listing #1853
Located on a major thoroughfare in an up-and-coming community, this successful general practice is equipped with three operatories for the dentist, two operatories for the hygienist, three wall-mounted x-rays, and plumbed and in-use nitrous. The practice is located on the ground floor of a beautiful and well-kept professional building near restaurants, retail stores, and neighborhoods.
The total active patient count over the last eighteen months is 1,800, and the practice averages 24 new patients per month. With a patient base of 85% PPO and 15% fee for service, the practice grossed $524,258 in 2021.
This practice is well known for its community involvement and family-like atmosphere. With no advertising currently being done, and the area's population on the rise, a new owner could easily grow this already successful practice!
PRACTICE HISTORY
Year Practice Was Established in Current Area: 2004Year Practice Was Established in Current Location: 2005
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: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0
PATIENT BASE
Approximate total active patients: 1800 (past 18 months)Average number of new patients per month: 24
Approximate percentage of practice income breakdown:
FFS and Cash: 15%
PPO: 85%
LEASE INFORMATION
Current Monthly Lease Rate: $2,750Lease Expires on: 06/30/2025
Options to Renew: Yes
PRODUCTION BREAKDOWN
Diagnostic: 5%Preventive: 5%
Restorative: 35%
Endodontics: 5%
Periodontics: 2%
Prosthodontics, removable: 3%
Prosthodontics, fixed: 40%
Oral Surgery: 5%
COLLECTIONS
Gross Annual Collections for 2021: $524,258Gross Annual Collections for 2020: $479,161
Gross Annual Collections for 2019: $584,555
FACILITY
Total Number of Equipped Operatories: 5Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 2
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: 15Practice Software: Practice Works
Level of Computerization: Each Operatory & Front Desk
Panorex: No
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use