DENTAL PRACTICE FOR SALE (#713)
LOCATION: Bergen County (lower), NJ
HISTORY: Started from scratch in the 1970s, these dentists purchased the practice in 1996 and now they want to retire.
STAFF: 1 FT Receptionist, 2 FT DAs
OFFICE: Busy practice! This part of town has gone through a huge gentrification with many modern stores moving into the area. Located in a small professional building on a busy street, 800 square feet, 2 operatories (room for a 3rd op), sterilization area, lab area, staff lounge, private office, waiting room, reception area, bathroom, ample size parking lot.
RENT: The current rent is $1,629 per month, utilities are included. Annual increases at 3%. The lease expires in December 2025. The landlord will give a lease extension.
FINANCIAL: 2024 Gross income $467K with a net income of $200K (43%)
FEES: The practice accepts the following PPO plans .. Aetna, Cigna, Delta, Guardian, Principal, United Healthcare, Metlife, and United Concordia
OFFICE HOURS: WK1 - Mon (9-6), Tues (9-6), Thurs (9-6), Fri (9-2), Sat (9-2)
WK2 -Mon (9-6), Tues (9-6), Wed (9-6), Thurs (9-6)
Alternating weeks of the schedule above
PATIENT LOAD: 50-60 patients per week, dentists are booked 2-3 weeks in advance. Hygiene is booked 6 months in advance.
EQUIPMENT: The dental units and chairs range 6-11 years old. Also, 2 cavitrons, autoclave, 2 x-ray machines, and Dexis digital x-ray. The practice management system is Dentrix.
OTHER NOTES: ALL ENDO AND IMPLANT PLACEMENT SURGERY ARE REFERRED OUT. This owner does NO advertising or marketing. If a new owner provides more procedures and advertises this practice, there is tremendous potential to grow revenue.
ASKING PRICE: $395K
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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