DENTAL PRACTICE FOR SALE (#751)
LOCATION: Connecticut, New Haven County
HISTORY: Started from scratch in the 1990s, this dentist purchased the practice in 2013. He is now relocating out of the area.
STAFF: 1 FT Office Manager, 1 FT Receptionist, 1 FT DA, 1 FT Hygienist.
OFFICE: Located in professional complex, beautiful office, 2000 square feet, 4 operatories (plumbed for 2 more), CBCT area, lab, sterilization area, private office, staff lounge, waiting room, reception area, and one bathroom. Additional bathroom in the hallway. Large parking lot.
RENT: The current rent is $6,100 per month which includes utilities and CAM. The lease expires July 2027, and there is a 5 year option to renew. Annual increases are at 2.8%. The landlord is willing to extend the lease more.
FINANCIAL: 2025 Gross income $1.35M with a net income of $550K
FEES: The practice is mostly PPOs. It is comprised mostly of Delta, Cigna, and United Healthcare.
OFFICE HOURS: Mon., Wed. 8:00-5:00
Tues., Thurs., 8:00-6:00
Fri. (alt.) 9:00-1:00
PATIENT LOAD: 35 patients per week, dentist is booked 2 weeks in advance. The hygienists see 32-36 patients per week. The hygienist is booked 4 weeks in advance. There are 20-25 new patients per month coming to the practice.
EQUIPMENT: The dental units and chairs are 3 -20 years old. Also, 2 cavitrons, Cerec unit, CBCT/Pano Machine, Dexis digital xray, 1 mobile xray unit, 3Shape Trios scanner, and autoclave. Dexis digital x-ray with 2 Sensors and 4 x ray units. The practice management system is Open Dental.
OTHER NOTES: Some oral surgery and some endo procedures are referred out of the office.
ASKING PRICE: $1.1M
NOTE: The above data is an overview of this practice. All information should be double checked for accuracy.
FOR MORE INFORMATION CONTACT:
Mark Epstein
973-744-4747
EPSTEIN PRACTICE BROKERAGE, LLC
www.practice-broker.com
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