HOUSTON – GENERAL (Medicaid) – LISTING #TX547

Nearly $400K gross on only 2 days per week. Equipment only 5 years old and pristine. Located on the East side of Houston just outside 610 loop. Very high potential for growth. Established patient base. Startup with existing patient base and cash flow day one. Must see for first-time practice owner.

1,900 sq. ft., 5 operatories, (all operatories used for dental and hygiene). Single story, strip center with high visibility frontage . Over 95% collection ratio. Over 1,247 active patients within last 18 months. 65% Medicaid, 25% PPO, and 5% fee for service. 64% of patients 30 years and younger. Currently only OPEN 2 days a week!

Contact Chrissy Dunn at 800-930-8017 OR Chrissy@DDRDental.com and reference “East Houston”.

       FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 5
Operatories Equipped for Hygiene Department: 5
Facility Space (sq ft): 1,900
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

Average number of new patients per month: 14
Approximate percentage of practice income breakdown:
Medicaid: 65%
Insurance (PPO): 25%


       LEASE INFORMATION

       Current Monthly Lease Rate: $3,483
       Lease Expires on: 2020
       Lease Assignable: Yes
       Options to Renew: Yes

       SERVICES REFERRED OUT

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

COLLECTIONS

2018 Gross Gross Collections: $375,000
2017 Gross Collections for: $395,000

EQUIPMENT

Practice Software: EagleSoft
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: Plumbed

PRACTICE HISTORY

Practice Established: 2009
Seller Purchased Practice: No
Year Seller Purchased Practice: 2009
Partner in the Practice?  No
 Associate in Practice (in Past 3 Years): No