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Dental Practice for Sale
Job ID: 34539
Location: New Jersey
Position: Dental Practice for Sale
Company: 3 Percent Dental Practice Brokerage, LLC
 
Description:

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

 
Contact: Scott Alberg, Practice Broker
Email: customerservice@3percentdental.com
Website: www.3PercentDental.com
Phone: 2016644135
 
Posting Date Jun 2nd, 2021
Upcoming Events
09/23-24/21 Ciancio Symposium
09/29/2021 (PM) Occlusal Concepts Forum
09/30/2021 (ACDE) Non-Restorative Mgmt of Caries Lesions
* SELF STUDY OPTIONS
ADAPT Online DA Program 2021
10/05/2021 (ACDE) Tobacco Products: Health Effects and Helping Pts
10/06/2021 (PM) The Worn Dentition
10/20/2021 (ACDE) CBCT for Endodontics
10/20/2021 (PM) 3 Es of Periodontics in Gen Practice
10/21/21 Implant Study Club 21-22
10/29/2021 (ACDE) Substance Abuse Disorder
2021 BND Meeting
BNDM 2021 Exhibitors
11/09/2021 (ACDE) Genetics in Dental Practice, Are you ready?
11/10/2021 (PM) Flap Mgmt in Regen Perio Surg

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