Houston – GENERAL – LISTING #TX575

  • Listing – General #TX575

  • Collections -$375,000

  • Operatories - 3

Located in a well established Houston neighborhood, with high street visibility on major thoroughfare. This practice provides an opportunity for high growth potential in an established practice. New equipment with a well maintained practice. This is a great opportunity to invest in yourself and expand this practice.

2,000 sq. ft., 3 operatories, 1 hygiene and 2 dental. Two additional operatories available for use. Single story, strip center. Over 90% collection ratio. Over 2,000 active patients within last 18 months. 35% fee for service and 46% insurance and 19% Medicaid. Well diversified patient base with, 65% of patients between 19-65 years old. Open 4 days a week. Digital X-ray and Pano.

FACILITY
Total Number of Equipped Operatories in Use: 
3
Total Available Operatories: 
5
Operatories Equipped for Dentist: 
2
Operatories Equipped for Hygiene Department: 
1
Facility Space (sq ft): 
2,000
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: 
1021
Average number of new patients per month:: 
30
Approximate percentage of practice income breakdown: 
-
PPO: 
46%
Medicaid : 
19%
FFS and Cash: 
35%
LEASE INFORMATION
Current Monthly Lease Rate: 
$3190
Lease Expires on : 
12/31/2021
Lease Assignable: 
Yes
Option to Renew: 
No
SERVICES REFERRED OUT
Endodontics: 
None
Implant Surgery: 
None
Orthodontics: 
All
Pediatrics: 
None
Periodontics: 
None
Surgery: 
None
COLLECTIONS
Gross Annual Collections for 2021: 
$364,000
Gross Annual Collections for 2020: 
$295,00
Gross Annual Collections for 2019: 
$423,000
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
Nitrous Oxide: 
Portable Unit
PRACTICE HISTORY
Year Practice Was Established in Current Area: 
2015
Year Practice Was Established in Current Location: 
2015
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