Dental Practice #4302 –
Busy Corner Property
Newark, NJ. 100%
private. No Medicaid, no DMO’s, no PPO’s, no capitation. Located in the
ironbound business district of Newark is this gigantic corner property dental practice.
2,600 square feet of modern office space with an additional 2,600 square feet
of basement storage. Three (3) fully equipped operatories as well as four (4)
additionally plumbed ops ready to be furnished. Seven (7) ops total. This
state-of-the-art facility is fully digital with cloud-based PMS (Denticon),
digital x-rays and intraoral camera. There is also a large waiting room and
reception area, private doctor’s office and an over-sized laboratory. The
practice is projected to gross $500,000 in 2021 based on a 3-day/week work
schedule. There is no marketing and the doctor does not participate with any
insurance plans. Adding insurance participation, should you so desire, will
flood your schedule at this location. Easy access to a pay-parking lot right
next door. Opportunity for prominent signage in several locations of the
building. Unlimited potential if that’s the route you want to go. Otherwise,
enjoy treating private patients in a stress-free environment. Please call now
for a private showing.
Physical Facilities:
· 2,600
sq. ft. (approximate) office, plus 2,600 sq. ft. of basement storage space
· $3,800/month
rent; 3 ½ years left on lease, plus three 5-year options
· Large reception
area and waiting room
· Sterilization
and huge lab area, staff/break room
· Separate
private doctor’s office, 3 bathrooms
· 3 fully
equipped operatories w/4 ops additionally plumbed (7 ops total)
· 3 digital
x-ray machines, intraoral camera
· Denticon
Dental software – Cloud based with 5 workstations
· Physical
assets valued at $100,000
Practice Information:
· 100%
Private patient base
· Approximately
1,000 active patients (past 24 months)
· Open 3
days/week
· Monday,
Tuesday & Wednesday - 9:00 am to 5:00 pm
· 0 FT, 2
PT staff members
· First
Quarter Collections (Jan. 2021, Feb. 2021, Mar. 2021) were $112,000
· April
2021 Collections were $52,000 / May 2021 Collections were $40,000
· Annual
Collections for:
o 2020 $309,600
o 2019
$541,000
o 2018
$529,871
o 2017
$485,302
· Averaged
4 New Patients/month past 12 months
Price: Available
$350,000 Exclusive of Accounts Receivable
Contact us about
this practice listing. Mention Listing #4302 |