Houston Ortho Practice Primed for Growth!

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Houston - Orthodontic - Listing #1909


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Established in 2003, this well-established and successful ortho practice is located in a 2,080 square feet facility in a professional building complex with great visibility near many retail stores, restaurants, and neighborhoods.

The payment breakdown is 45% fee for service and 55% PPO, and with no advertising efforts, the practice is averaging 10 new patients per month with 197 starts over the last 18 months. The practice is equipped with 6 ortho stations as well as a Medit i500 Intraoral Scanner and a Planmeca Pan/Ceph.

With two front office personnel and two ortho assistants, this practice runs smoothly and on pace. Open only 2 days per week plus 4 hours every other Saturday morning, a new owner could easily grow this already profitable practice to greater heights! Following the sale of the practice, the owner plans to move away from Houston.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 2003
Year Practice Was Established in Current Location: 2003
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: 2.5

PATIENT BASE

Approximate total active patients: 197 (past 18 months)
Average number of new patients per month: 10
Approximate percentage of practice income breakdown:
FFS and Cash: 45%
PPO: 55%

LEASE INFORMATION

Current Monthly Lease Rate: $3,467
Lease Expires on: 07/31/2028
Lease Assignable: Yes
Options to Renew: Yes

PRODUCTION BREAKDOWN

Orthodontics: 100%

COLLECTIONS

Gross Annual Collections for 2023: $621,687
Gross Annual Collections for 2022: $595,687
Gross Annual Collections for 2021: $576,999

FACILITY

Total Number of Equipped Operatories: 6
Operatories Equipped for Dentist: 6
Facility Space (sq ft): 2,080
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: Office Manager (Motionvew)
Level of Computerization: Each Operatory & Front Desk
Panorex: Yes
Intraoral Camera: Yes
Laser: No
Cerec: No


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