American HealthCare Capital is pleased to introduce a comprehensive dental practice for sale in the metropolitan Houston, Texas area that has seen significant growth since opening almost 8 years ago. The office contains 4 fully functional operatories with a fifth one plumbed, but not currently in use. It is tastefully decorated and equipped with state-of-the-art technology. The practice serves patients from the greater metro Houston area and surrounding suburbs. The loyal patient base, coupled with the steady new patient flow in this vibrant part of Houston make this a great practice for someone interested in a solid all-around opportunity.
The practice had collections of over $1.2 Million in 2015, with an adjusted EBITDA margin of over 20%. They are currently on track to do the same in 2016. The payor mix is 80% PPO and 20% fee for service, with basic and major restorative accounting for over 25% of the production, and orthodontics over 20%.
There is a terrific opportunity for growth, as the practice is open only four days a week and is not open during the evening despite increasing demand. The seller will help with the transition, and the staff is open to staying on with the acquiring dentist.
The asking price for this practice is $1.1 Million.
