Profitable Practice in West Houston with Owner Work Back Option!

Houston - General - Listing #1875


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Located in a busy area of West Houston near neighborhoods, retail stores, and restaurants, this completely paperless practice is well equipped with 4 operatories, an Instrumentarium Orthopantomograph OP30, 4 MouthWatch intraoral cameras as well as plumbed and in-use nitrous. In addition, each treatment room is equipped with the following: like new Adec chairs and handpieces units, an Instrumentarium Focus X-ray unit, a Vidashield light fixture that uses UV technology to remove viruses and bacteria from the air, ADS vacuum machines that remove unwanted aerosols during dental procedures, and a large TV screen that is coordinated with the computers to show our x-ray findings to the patients.

This 100% Fee for Service practice has a total active patient count of 1,893 and averages 7 new patients per month. With many procedures being referred out (including extractions, oral surgeries, large cosmetic cases, endo, pedo, perio, and ortho) and minimal advertising, 2022 gross collections in this practice are expected to reach $1,544,000!

With 3 hygienists and a highly capable staff, the owner of this practice has nurtured a cohesive group of who will greatly benefit the new owner. In addition, the owner is very interested in working back for up to 5 years!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1984
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: 1893 (past 18 months)
Approximate total active patients on hygiene recall: 1703
(past 18 months)

Average number of new patients per month: 7
Approximate percentage of practice income breakdown:
FFS and Cash: 100%

LEASE INFORMATION

Current Monthly Lease Rate: $3,000
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 35%
Restorative: 30%
Periodontics: 5%
Prosthodontics, removable: 2%
Prosthodontics, fixed: 26%
Adjunctive General Services: 2%
Procedures Referred Out: Oral Surgery, Pedo, Endo, Lg Cosmetic Cases, Perio Surgery, Ortho

COLLECTIONS

Gross Annual Collections for 2021: $1,615,194
Gross Annual Collections for 2020: $1,447,142
Gross Annual Collections for 2019: $1,728,262

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 2
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 1,300
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: 6
Practice Software: Dentrix
Level of Computerization: Completely Paperless
Panorex: Yes
Intraoral Camera: Yes
Nitrous Oxide: Portable Unit