Rare Opportunity to Purchase 2 Practices as One!

Houston - General - Listing #1923


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This opportunity is for two well performing practices selling as one! One practice is in West Houston and the other is roughly 1 hour south of Houston.

Both practices are very well equipped with wall-mounted x-rays, a Vatech Pano and Ceph, digital scanner, and portable nitrous!

West Houston Location: This 1,350 square feet practice is located in a fully occupied shopping center with heavy traffic and high visibility and a steady flow of patients. The practice comes with 3 operatories, 799 active patients, and an average of 35 new patients per month. The patient base is 43% PPO, 55% Medicaid, and 2% FFS. The monthly NNN lease rate is $5,148 with one option for renewal, expiring in 2028.

South Houston Location: With very limited competition, this 3,000 square feet denovo office, built in 2022 maintains a steady flow of patients with each year seeing an increase. This practice is equipped with 4 operatories and the ability to equip 4 additional operatories that are already plumbed. The active patient count is 888, and an average of 50 new patients visit the practice each month. The patient base is 20% PPO, 55% Medicaid, and 5% FFS. Compared to Houston lease rates, the practice has a low monthly NNN lease rate of $3,435 with two options for renewal, expiring in 2034.

With the South Houston location operating on a 3-day doctor work week, the new owner could easily grow this location. Both practices are fully operational with a well-trained staff and run smoothly with associate dentists in each location. Inquire now to learn more about this rare opportunity!



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PRACTICE HISTORY

Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: Yes

PATIENT BASE

Approximate total active patients: 1687 (past 18 months)
Approximate total active patients on hygiene recall: 1124
(past 18 months)

Average number of new patients per month: 85
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 26%
Medicaid: 69%

LEASE INFORMATION

Current Monthly Lease Rate: $6,761
Lease Expires on: May 2031
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Diagnostic: 31%
Preventive: 10%
Restorative: 28%
Endodontics: 2%
Periodontics: 14%
Prosthodontics, removable: 1%
Prosthodontics, fixed: 7%
Oral Surgery: 6%
Adjunctive General Services: 1%
Procedures Referred Out: kids ocedures with extensive Referred Out: decay and are not cooperative in the chair. require sedation for treatment

COLLECTIONS

Gross Annual Collections for 2023: $864,288

FACILITY

Total Number of Equipped Operatories: 7
Operatories Equipped for Dentist: 7
Operatories Equipped for Hygiene Department: 7
Additional Operatories Plumbed but not Equipped: 4
Facility Space (sq ft): 4,350
Facility Expandable: Yes
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: 10
Practice Software: Open Dental
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No
Nitrous Oxide: Portable Unit


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