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Rare Opportunity to Purchase 2 Practices as One! - #1923

Public Overview

Status Type

For Sale

Practice Type

General

Opportunity Type

Practice for Sale

Transition Type

Sell Practice and Leave

State

Texas

Region

Houston and Suburbs

City or Advertised Area

Houston

Description

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!

Listing Reference Number

1923

Public Facility & Practice

Office Space (Square feet)

4350

Equipped Operatories (#)

7

Public Insurance Breakdown (By %)

Cash

5%

PPO

26%

Medicaid

69%

Public Patient Info

Number of Active Patients

1687

Number of New Patients

85

Public Facility Info

Location

-

Monthly Rent

6761

Cam

1310.37

Lease Assignable

Yes

Hygiene Operatories

7

Plumbed Not Equipped Operatories

4

Expandable

Yes

Intra Oral Camera

Yes

Average Age Equipment

10

Public Financial Info

This Year Prior

864288

Public Transaction Info

Practice Gross

864288

Broker Contact Info

Earl Douglas, a dental practice broker for ADS South

Jeremy Brown, JD

(469) 222-3200
jeremy@watsonbrownsales.com