Houston - General - Listing #1857
UNDER CONTRACT
Combination ortho and general practice with $1,337,697 total collections in 2021! This unique practice model offers built-in referrals between the two dentists (one orthodontist and one prosthodontist).
This practice is located in a large 3700 square feet shopping center space with four operatories that are all equipped with nitrous oxide controlled monitors, intraoral camera, ceiling TV, ultra-sonic scaler, and cables for wall-mounted x-rays. Two additional operatories are plumbed with cabinets, but not equipped. The orthodontics area has six fully-equipped chairs, each with a mobile orthodontic module and computer, as well as an additional private operatory for select patients. The practice is also equipped with two mobile x-ray units, digital radiography, a Sirona Panceph, and a Genius endodontic motor.
This practice is known for its personalized treatment plans that are fully outlined to each patient. The well-trained staff are all bilingual and keep the practice running like a finely tuned clock. The orthodontist in the practice would like to continue working full time for one to two years, then scale back the third year, while the current general dentist (prosthodontist) will be retiring following the sale.
PRACTICE HISTORY
Year Practice Was Established in Current Area: 2010Year Practice Was Established in Current Location: 2010
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: Yes
Has There Been an Associate in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 5.0
PATIENT BASE
Approximate total active patients: 1571 (past 18 months)Average number of new patients per month: 45
Approximate percentage of practice income breakdown:
FFS and Cash: 48%
PPO: 43%
Medicaid: 9%
LEASE INFORMATION
Current Monthly Lease Rate: $12,250Lease Assignable: Yes
Options to Renew: Yes
PRODUCTION BREAKDOWN
COLLECTIONS
Gross Annual Collections for 2021: $1,337,695Gross Annual Collections for 2020: $1,127,777
Gross Annual Collections for 2019: $1,463,213
FACILITY
Total Number of Equipped Operatories: 11Operatories Equipped for Dentist: 11
Additional Operatories Plumbed but not Equipped: 1
Facility Space (sq ft): 3,700
Facility Expandable: Yes
Type of Building: Shopping Center Complex
Facility is Owned by Seller: No
Facility is Available for Purchase: No
EQUIPMENT
Average Age of Equipment: 10Practice Software: Eaglesoft
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use