HOUSTON – GENERAL (Medicaid) – LISTING #TX548

NeWell Established general dentist practice providing comprehensive general dentistry in the South West Houston area. The practice performs year over year to maintain a low overhead and high production to boot. A disciplined owner can expect to continue retaining high profitability. 1,300 sq. ft., 4 operatories, 4 hygiene. Single story, Single Story Building. Over 95% collection ratio. 20% Medicaid, 45% PPO, and 35% fee for service. 30% of patients 30 years and younger. 36% 45 years of age and older. Office is open 6 days a week and accepts Medicaid.

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

       FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 0
Facility Space (sq ft): 1,300
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

Average number of new patients per month: 15
Approximate percentage of practice income breakdown:

Fee for Service 35%
Medicaid: 25%
Insurance (PPO): 45%


       LEASE INFORMATION

       Current Monthly Lease Rate: $2,846
       Lease Expires on: 09/2022
       Lease Assignable: Yes
       Options to Renew: Yes

       SERVICES REFERRED OUT

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

COLLECTIONS

2018 Gross Collections: $634,347
2017 Gross Collections: $638,363

2016 Gross Collections:$637,640

EQUIPMENT

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

PRACTICE HISTORY

Practice Established: 1998
Seller Purchased Practice: No
Year Seller Esablished Practice: 1998
Partner in the Practice?  No
Associate in Practice (in Past 3 Years): No