Houston Orthodontics Practice for Sale

$378,000
For sale

Dental practice

2055 sq. ft.
$426,538 in annual collections

Established orthodontic practice available for immediate purchase in Southwest Houston.  Located in a single-story updated commercial condominium within an active professional complex.  Modern, clean and spacious office with updated technology and strong contracts receivables.  3D printing done in-house.  Seller is moving but will assist with a transition.
Physical facilities:

2,055 sq. ft. (approximate) office in commercial condominium
Monthly base rent Is $4,000 + ~$400 NNN. Lease expires 09/30/2027
One (1) ortho bay with four (4) dental chairs and units
Two (2) consult rooms with dental chair
Reception area, business office for 2 staff members and records room,
3D panoramic x-ray area, 3D printing/storage areas
Sterilization and lab area, staff/break area and private doctor’s office
Morita Veraviewepocs CBCT X-550 x-ray, iTero Element intra-oral scanner,
Sprint Ray 3D printer and ProCure
Orthotrac practice software – Dell PowerEdge server w/ 5 workstations
Physical assets valued at $176,000

Practice information:

Mostly PPO Insurance/Some Fee for Service patient base
Contracts Receivable of $315,022.17 – as of March 19, 2024
~25% aligners/~75% traditional bands and brackets
Invisalign and Brava by Brius aligner systems used
Approx. 239 New Patient Exams from Jan 2022 – Dec 2023 (24 months)
Office sees patients ~9 days/month, including 1 Friday/month
Staff member(s) present M-Th (9-5pm) & Fridays (9-1pm) on non-patient days
Staff: 1 Ofc Manager, 1 Front, 1 Ortho Assistant
12-Month collection average through Dec 31, 2023 is $35,545
Annual Collections for

2023  $426,538
2022  $428,906
2021   $463,282

Price:
$378,000   Exclusive of Accounts Receivable
 

See yourself owning this practice?

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