SUGARLAND AREA – GENERAL – LISTING #TX533

Located near a major highway on the Southwest side of Houston, Texas. This practice is in one of the most sought after areas for Houston dentists.

This highly successful general dentistry practice boasts four operatories equipped for the dentist and two hygiene operatories, as well as computers and intra-oral cameras in every operatory, digital x-rays, a digital Pano.

This practice is partially fee for service and partially insurance compensated. It serves an active patient count of 936 and the practice is averaging 14 new patients per month. The practice boasts a newly renovated interior and updated equipment.

Act quickly on this fantastic opportunity to make immediate profits on day 1 of ownership! Following the sale of the practice, the owner plans to retire. Inquire now to become your own boss in a thriving city with a booming local economy!

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 1,500
Facility Expandable: No
Type of Building: Strip Shopping Center
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: 936 (Past 18 months)
Average Number of New Patients Per Month: 14
Approximate Percentage of Practice Income Breakdown:
     *  FFS and Cash: 35%
     *  PPO: 65%

LEASE INFORMATION

Current Monthly Lease Rate: $3,899 
Lease Expires on: 10/31/2023
Lease Assignable: Yes
Options to Renew: Yes

COLLECTIONS 

Gross Annual Collections for 2017: $400,00
Gross Annual Collections for 2016: $550,000
Gross Annual Collections for 2015: $580,000

EQUIPMENT 

Practice Software: Practice Works Kodac
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

PRACTICE HISTORY 

Year Practice Was Established in Current Area: 1997
Year Practice Was Established in Current Location: 1997 
Seller Purchased Practice: Yes
Year Seller Purchased Practice: 1997  
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