High Potential General Practice!

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South of Houston - General - Listing #1932


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This high potential practice south of Houston near densely populated neighborhoods and businesses is primed and ready for growth! The practice is located in a spacious 3,000 square feet shopping strip space with 4 equipped operatories, plus 4 additional operatories that are plumbed but not equipped. The practice is also equipped with wall-mounted x-rays, a Vatech Pano and Ceph, digital scanner.

This practice averages 50 new patients per month, and the total active patient count over is 888. The patient base is 75% Medicaid, 20% PPO, and 5% Fee for Service.

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.

Currently operating with a well-trained staff on only a 3-4 day doctor work week, the new owner could easily grow this location!



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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2022
Year Practice Was Established in Current Location: 2022
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: Yes

PATIENT BASE

Approximate total active patients: 888 (past 18 months)
Approximate total active patients on hygiene recall: 888
(past 18 months)
Average number of new patients per month: 50
Approximate percentage of practice income breakdown:
FFS and Cash: 5%
PPO: 20%
Medicaid: 75%

LEASE INFORMATION

Current Monthly Lease Rate: $3,985
Lease Expires on: 05/31/2031
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

COLLECTIONS

Gross Annual Collections for 2023: $405,996

FACILITY

Total Number of Equipped Operatories: 4
Operatories Equipped for Dentist: 4
Operatories Equipped for Hygiene Department: 4
Additional Operatories Plumbed but not Equipped: 4
Facility Space (sq ft): 3,000
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: 3
Practice Software: Open Dental
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Nitrous Oxide: Portable Unit


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