Highly Motivated Sellers of Successful Practice!

Southwest Houston - General - Listing #1854


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This already successful and well-known practice in Southwest Houston is primed and ready for further growth! With fantastic visibility off a major highway and directly in front of a major retailer, the practice is equipped with four operatories, plus an additional operatory that is "built out" but not equipped, as well as two mobile x-ray units, digital scan x phosphor plate scanner, a pano, an intraoral camera, an implant machine, an endo machine, implant and endo drill motors, and a portable nitrous unit.

The office currently has a Google rating of 4.9 with 294 reviews! The patient base is 20% FFS, 35% PPO, and 55% Medicaid. With minimal advertising and fantastic online reviews, the 2021 gross collections in this practice were an impressive $706,035!

This successful and continual growth practice is well staffed with knowledgeable employees including an associate who is willing to stay on to work for the new owner. The owners of this practice are highly motivated to find the right buyer to take this already successful practice into the future. Inquire now to learn more about this fantastic opportunity!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2015
Year Practice Was Established in Current Location: 2015
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 2015
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

PATIENT BASE

Approximate total active patients: 1997 (past 18 months)
Approximate total active patients on hygiene recall: 798
(past 18 months)

Average number of new patients per month: 38
Approximate percentage of practice income breakdown:
FFS and Cash: 20%
PPO: 35%
Medicaid: 55%

LEASE INFORMATION

Current Monthly Lease Rate: $2,948
Lease Expires on: 5/1/2025
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 10%
Preventive: 10%
Restorative: 30%
Endodontics: 10%
Periodontics: 1%
Prosthodontics, removable: 5%
Maxillofacial Prosthetics: 1%
Implant Services: 5%
Prosthodontics, fixed: 10%
Oral Surgery: 10%
Orthodontics: 8%
Procedures Referred Out: Difficult ortho, endo, OS

COLLECTIONS

Gross Annual Collections for 2021: $706,035
Gross Annual Collections for 2020: $622,526
Gross Annual Collections for 2019: $842,422

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 1,872
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: 7
Practice Software: Open Dental
Level of Computerization: Front Desk Only
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit