HOUSTON KATY AREA – GENERAL – LISTING #TX534

In the area of Katy, Texas, a growing community. 4% population growth every year, for last 10 years. Located on a major thoroughfare near miles of continuous established businesses. This practice offers a cozy contrast to the bustling street traffic. Enjoy a practice with the look and feel of a home.

Established Practice in Single story free standing building. Located in a strip shopping center. Offers a full range of procedures with focus on comprehensive family dental care.

Most patients are 45 to 65-year-old age range or above 65. Contains a waiting room, a front desk area, 2 clinical operatories in use, 2 hygiene rooms, one additional operatory, a lab area, a sterilization area, the dentist office, and a staff lounge area. 98% collection ratio. 65% patients with dental insurance. The Practice has operated at this location for over 14 years. Contact Chrissy Dunn at 800-930-8017 OR Chrissy@DDRDental.com and reference “Katy Practice.”

       FACILITY

       Total Number of Equipped Operatories: 6
       Operatories Equipped for Dentist: 4
       Operatories Equipped for Hygiene Department: 2
       Facility Space (sq ft): 1,900
       Facility Expandable: No
       Type of Building: Free Standing Building
       Practice Shares Space with Another Practice: No
       Facility is Owned by Seller: No
       Facility is Available for Purchase: No

       PATIENT BASE

       Approximate total active patients: 1200 (past 18 months)
       Average number of new patients per month: 20
       Approximate percentage of practice income breakdown:
       FFS and Cash: 100%

       LEASE INFORMATION

       Current Monthly Lease Rate: $5,568
       Lease Expires on: 10/31/2019
       Lease Assignable: Yes
       Options to Renew: Yes

       SERVICES REFERRED OUT

       Endodontics: All
       Implant Surgery: All
       Orthodontics: Some
       Pediatrics: Some
       Periodontics: Some
       Surgery: Some 

COLLECTIONS

Gross Annual Collections for 2018: $426,833
Gross Annual Collections for 2017: $413,366
Gross Annual Collections for 2016: $462,937

EQUIPMENT

Practice Software: Dentrix
Level of Computerization: Each Operatory & Front Desk
X-Ray Access in Each Operatory: Yes
Digital X-Ray: Yes
Panorex: Yes
Intraoral Camera: Yes
Laser: Yes
Cerec: No
Nitrous Oxide: Portable Unit

PRACTICE HISTORY

Year Practice Was Established in Current Area: 1976
Year Practice Was Established in Current Location: 1976
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1976
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

 

Selling dental practices for more than 30 years across every region of Texas, including successful transactions in key markets like Houston, Austin, and Dallas.

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