Dental Practice #4238 – Busy & Priced to Sell

Queens County, NY. Well-established general dentistry practice operates on the ground floor of a mixed-use building with two (2) income-producing residential apartments above. The practice is available with or without real estate. If you are considering the real estate, the apartments bring in $4,400/month. $156,000 in collections for January and February 2020. A spacious 1,200 square foot office includes four (4) fully equipped operatories, each plumbed w/nitrous, four (4) x-ray machines and one (1) panorex unit. Staff includes a periodontist working twice a month, an orthodontist working once a month and a hygienist working twice a week. Work out a reasonable long-term lease with the seller or purchase the real estate and enjoy monthly checks from your tenants. Owner is more than happy to stay on to make the transition perfectly smooth. Please call now for a private showing. 

Physical Facilities:

·    1,200 sq. ft. (approximate) office

·    Practice available with or without income-producing real estate

·    Reception area and waiting room

·    Sterilization and lab area, staff/break room

·    Separate private doctor’s office

·    4 fully equipped operatories, each plumbed w/nitrous

·    4 x-ray machines, 1 panorex unit

·    Easy Dental software – Server and 9 workstations

·    Physical assets valued at $100,000

Practice Information:

·    Mixed Fee for Service/PPO/Medicaid patient base

·    Approximately 1,000 active patients (past 24 months)

·    Office open 5 days/week

·    Periodontist works 2 days/month. Orthodontist works 1 day/month 

·    Hygienist on staff 2 days/week

·    2 FT, 4 PT staff members

·    Average monthly collection thru February 2020 is $78,000

·    Annual Collections for:

o  2019  $821,155

o  2018  $852,992

o  2017  $800,571

o  2016  $760,036

·    Averaged 30 New Patients/month past 12 months

Price:  Available

$495,000 Exclusive of Accounts Receivable

$1,099,000 Income-producing Real Estate (OPTIONAL)

Contact us about this practice listing. Mention Listing #4238