Dental Practice #4456 – New Rochelle Professional Bldg.

New Rochelle, NY. Operating since 1970 and purchased in 2000, this recently updated general dentistry practice moved to a professional medical building in 2010 where it was constructed from scratch. This is a 1,600 square foot facility located in downtown New Rochelle (on the ground floor) among newly constructed high-rise luxury condos. Three (3) fully equipped operatories with a 4^th plumbed op available and three (3) digital x-ray machines. Rent is a very reasonable $2,409/month (includes gas, electric & water) with 2 ¾ years left on the current lease, plus another 10-year option. Endo and oral surgery regularly referred out. 15% DMO patients include a $3,233/monthly capitation check or $38,796/year which more than covers the rent. Just shy of $400,000 in collections for 2023 operating 3 ½ days/week with 6 weeks off for vacation. Don’t miss out on this value-packed practice that is priced to sell. Please call now for a private showing.           

Physical Facilities:

·   1,600 sq. ft. (approximate) office

·   $2,409/month rent (includes gas, electric & water) w/2 ¾ years left on current lease plus a 10-year option

·   $3,233/monthly capitation check or 38,796/year

·   Reception area and waiting room, central air conditioning

·   Sterilization and lab area, staff/break room

·   Separate private doctor’s office, 2 bathrooms

·   3 fully equipped operatories with a 4^th plumbed op available

·   3 digital x-ray machines

·   Eaglesoft Dental software – Server and 6 workstations

·   Physical assets valued at $200,000

Practice Information:

·   Mixed Fee for Service/PPO/DMO/Misc.

·   Approximately 2,308 active patients (past 24 months)

·   Open 3 ½ days/week

·   M, T & R – 10:00 am to 4:00 pm. Fri. - 10:00 am to 2:00 pm

·   2 FT staff members

·   2024 Collections (Jan. 2024 thru March 2024) were $91,534

·   Annual Collections for:

o 2023  $395,146

o 2022  $391,392

o 2021  $349,576

o 2020  $298,447

·   Averaged 22 New Patients/month past 12 months

Price:  Available

$265,000 (exclusive of accounts receivable)

Contact us about this practice listing. Mention Listing #4456