Dental Practice #4275 – 2^nd Floor Modern Strip Mall

Passaic County, NJ. Mixed FFS/PPO/NJFC, this flourishing general dentistry practice is in the busiest section of the city, located on the corner of the 2^nd floor of a modern strip mall facing the street. A generous 2,000 square feet of office space offers you eight (8) fully equipped operatories, two (2) digital x-ray machines, one (1) digital panorex unit and one (1) Nomad portable x-ray unit. 3,000 active patients with 40 new patients monthly, here is yet another recession-proof practice with 90% insurance patients. 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 an active dental practice in a lively section of Passiac County, look no further than Dental Practice #4275. Please call now for a private showing.    

Physical Facilities:

·    2000 sq. ft. (approximate) office

·    $3,867/month rent

·    Reception area and waiting room

·    Sterilization and lab area, staff/break room

·    Separate private doctor’s office

·    8 fully equipped operatories

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

·    Eaglesoft Dental software – Server and 11 workstations

·    Physical assets valued at $200,000

Practice Information:

·    Mixed Fee for Service/PPO/NJFC patient base

·    Approximately 3,000 active patients (past 24 months)

·    Office open 5 days/week

·    Monday thru Friday - 9:30 am to 5:00 pm

·    3 FT, 3 PT staff member

·    Monthly Collection for January & February 2020 is $79,000

·    Monthly Collection for June & July 2020 is $40,000

·    Annual Collections for:

o  2019  $534,241

o  2018  $551,827

o  2017  $647,276

o  2016  $589,471

·    Averaged 40 New Patients/month past 12 months

Price:  Available

$250,000 Exclusive of Accounts Receivable

Contact us about this practice listing. Mention Listing #4275