Reduced Price! Quaint General Practice!

Northeast of Houston - General - Listing #1853


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Located on a major thoroughfare in an up-and-coming community, this general practice is equipped with three operatories for the dentist, two operatories for the hygienist, three wall-mounted x-rays, and plumbed and in-use nitrous. The practice is located on the ground floor of a beautiful and well-kept professional building near restaurants, retail stores, and neighborhoods.

The total active patient count over the last eighteen months is 1,800, and the practice averages 24 new patients per month. The patient base is 85% PPO and 15% fee for service.

This practice is well known for its community involvement and family-like atmosphere. With no advertising currently being done, and the area's population on the rise, a new owner could easily grow this already successful practice!




PRACTICE HISTORY

Year Practice Was Established in Current Area: 2004
Year Practice Was Established in Current Location: 2005
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
Average Number of Days Doctors Work per Week: 4.0
Average Number of Days Hygiene Dept. Works per Week: 4.0

PATIENT BASE

Approximate total active patients: 1800 (past 18 months)
Average number of new patients per month: 24
Approximate percentage of practice income breakdown:
FFS and Cash: 15%
PPO: 85%

LEASE INFORMATION

Current Monthly Lease Rate: $2,750
Lease Expires on: 06/30/2025
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 5%
Preventive: 5%
Restorative: 35%
Endodontics: 5%
Periodontics: 2%
Prosthodontics, removable: 3%
Prosthodontics, fixed: 40%
Oral Surgery: 5%

COLLECTIONS

Gross Annual Collections for 2022: $424,121
Gross Annual Collections for 2021: $524,258
Gross Annual Collections for 2020: $479,161

FACILITY

Total Number of Equipped Operatories: 5
Operatories Equipped for Dentist: 3
Operatories Equipped for Hygiene Department: 2
Facility Space (sq ft): 1,650
Facility Expandable: No
Type of Building: Professional Building Complex
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No

EQUIPMENT

Average Age of Equipment: 15
Practice Software: Practice Works
Level of Computerization: Each Operatory & Front Desk
Panorex: No
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Plumbed and In Use


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