Growing Practice in Fantastic Area

Southwest Houston - General - Listing #1919


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This successful and growing general practice in southwest Houston has long served the community with many wonderful reviews! The practice is located in a 2,400 square feet shopping center complex near many retail establishments and neighborhoods.

The practice is equipped with 4 operatories, 3 wall-mounted x-rays, a mobile x-ray sensor, a 2-D Pan/Ceph, and mobile nitrous. The payment base in this practice is 15% fee for service, 65% PPO, and 20% Medicaid and Medicare with a total active patient count over the last eighteen months of 510 and an average of 20 new patients per month. Over the past year, the practice has seen a major increase in new Medicare patients which has helped grow the collections over $100,000.

The owners of this practice have nurtured a well-trained staff who have worked together many years and will greatly benefit the new owner. In addition, the current owners are willing to work back on a part-time basis to help move the practice into the future.

A new and energetic owner could easily grow this practice and take it to greater heights!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1999
Year Practice Was Established in Current Location: 1999
Seller Purchased Practice: Yes
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: 5.0
Average Number of Days Hygiene Dept. Works per Week: 2.0

PATIENT BASE

Approximate total active patients: 510 (past 18 months)
Average number of new patients per month: 25
Approximate percentage of practice income breakdown:
FFS and Cash: 15%
PPO: 65%
Medicaid: 20%

LEASE INFORMATION

Current Monthly Lease Rate: $3,790
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 38%
Preventive: 21%
Restorative: 15%
Endodontics: 7%
Periodontics: 7%
Prosthodontics, removable: 2%
Prosthodontics, fixed: 6%
Oral Surgery: 4%
Adjunctive General Services: 2%
Procedures Referred Out: Ortho, Implant Placement

COLLECTIONS

Gross Annual Collections for 2023: $740,467
Gross Annual Collections for 2022: $643,071
Gross Annual Collections for 2021: $644,283

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 4
Facility Space (sq ft): 2,400
Facility Expandable: No
Type of Building: Shopping Center 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: 23
Practice Software: Premier Pro
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: No
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit


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