Established Dental Practice Near TX Medical Center & Rice University
| Asking Price: | $849,000 |
| Rent: | $5,020/Month |
| Established Year: | 2012 |
| Gross Revenue: | $785,772 |
| EBITDA: | $427,557 |
54% Net Profit Margin
Marcus & Millichap is pleased to exclusively offer for sale, a premier dental practice located in Houston, TX (the "Practice"). This well-established business provides a comprehensive range of dental services and boasts a strong, predominantly PPO patient base (85%). The Practice is equipped with modern amenities, including dual compressors, plumbed nitrous and oxygen, and A-DEC equipment in all operatories, providing high quality care for its patients. This practice offers significant growth opportunities, such as bringing orthodontics in-house and maximizing revenue by increasing operational days.
The Practice is an attractive investment opportunity at a list price of $849,000, which is a 1.99 multiple of adjusted EBITDA. Over the past five years, the practice has achieved an average net operating income of $427,557, reflecting robust profitability with an average 54.4% net profit margin while demonstrating efficient operational management with average expense margins maintained at 34.9% and COGS at 10.7%. These financial metrics highlight the practice's stability and potential for increased revenue and profitability, given that the revenue generation is only based on a 3.5-day workweek.
The practice is situated in a highly affluent area that boasts an incredible one-mile radius household income of $259,000, placing it within one of the highest per capita
income areas in all of Texas. Strategically located near the Texas Medical Center and Rice University, coupled with market leading demographics, the Practice provides a solid foundation for sustained growth. Buyers have the opportunity to acquire a profitable, well-managed practice in a thriving location, with significant potential for growth and increased revenue.
