Dental Practice #4276 – Recession-proof Practice

Essex County, NJ. Mixed FFS/PPO/NJFC, this well-established general dentistry practice is located on a prime corner property (first floor) in a professional medical building. 90% insurance patients mean the revenue is nonstop and absolutely recession-proof. 6,500 current active patients and averaging 100 new patients monthly. A roomy 2,800 square feet of office space with an additional 1,000 square feet of storage space. Eleven (11) fully equipped operatories, four (4) digital x-ray machines, one (1) digital panorex unit and one (1) Nomad portable x-ray unit. Pedo, oral surgery, ortho, half of molar root canals and implants regularly referred out. Lots of goodwill here as the seller is willing to stay on for up to 6 months to make the transition perfectly smooth. Dentist is also motivated to sell. If you are looking for a busy dental office in a bustling section of Essex County, look no further than Dental Practice #4276. Please call now for a private showing.  

Physical Facilities:

·    2,800 sq. ft. (approximate) office w/1,000 sq. ft. storage space

·    $5,730/month rent

·    Reception area and waiting room, 3 bathrooms

·    Sterilization and lab area, staff/break room

·    Semi-private doctor’s office

·    11 fully equipped operatories, 3M crown mill

·    4 digital x-ray machines, 1 digital panorex unit, 1 Nomad portable x-ray machine

·    Eaglesoft Dental software – Server and 17 workstations

·    Physical assets valued at $300,000

Practice Information:

·    Mixed Fee for Service/PPO/NJFC patient base

·    Approximately 6,500 active patients (past 24 months)

·    Office open 5 ½ days/week

·    Monday thru Friday - 9:00 am to 5:00 pm. Saturday - 8:00 am to 1:00 pm

·    6 FT, 7 PT staff members

·    Monthly Collection for January & February 2020 is $253,000

·    Monthly Collection for June & July 2020 is $156,000

·    Annual Collections for:

o  2019  $1,426,157

o  2018  $1,467,304

o  2017  $1,529,322

o  2016  $1,648,282

·    Averaged 100 New Patients/month past 12 months

Price:  Available

$850,000 Exclusive of Accounts Receivable

Contact us about this practice listing. Mention Listing #4276