DENTAL PRACTICE FOR SALE (#719)
LOCATION: Manhattan E. 40s
HISTORY: Started from scratch in 1989, moved to current location in 2014, now retiring.
STAFF: 2 GP Associates, 1 FT Receptionist, 1 PT Receptionist, 2 FT Admins, 2 FT DAs, 1 PT DA, 2 PT Hygienists
OFFICE: Located on ground floor of an office building, beautiful 2,000 sq. ft., 5 operatories, sterilization area, lab, CBCT area, waiting room, reception area, staff lounge, and 2 bathrooms.
RENT: The owner will give a 5 + 5 year lease with starting rent at $17,000 per month. Annual increases at 3%.
FINANCIAL: 2024 Gross income $1.7M with a net income of $700K
FEES: The practice is fee-for-service and Delta Dental. Private fee for a crown is $2,000.
OFFICE HOURS:
Monday, Tuesday, Wednesday, Thursday 8:30-5:00
Saturday (alt.) 9:00-4:00
PATIENT LOAD: 90-105 patients per week, 15-20 hygiene patients per week, 10-15 new patients per month. Dentists are booked 1-2 weeks in advance. Hygiene is booked 4 weeks in advance.
EQUIPMENT: The dental units and chairs range 10-15 years old. Also, 5 cavitrons, ultrasonic cleaner, Pamedica CBCT unit, 5 x-ray machines, Dexis digital x-ray with 3 sensors, TEK Scanner, 3 Shape scanner, Soft tissue laser, and intra oral camera. The practice management system is OpenDental.
OTHER NOTES: Approximately 15% of this practice is ORTHODONTICS. 2nd MOLAR ENDO. AND IMPACTIONS ARE REFERRED OUT. This owner does NOT place implants. This owner hasnt done any marketing or SEO which should be a large boost in revenue for the next owner.
ASKING PRICE: $1.6M
NOTE: The above data is an overview of this practice. All information should be double checked for accuracy.
FOR MORE INFORMATION CONTACT:
Mark Epstein
EPSTEIN PRACTICE BROKERAGE, LLC
973-744-4747
www.practice-broker.com
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