Fort Lee, NJ. First, let’s take a look at the incredible value being offered here. Located in the thickly populated George Washington Bridge area, this centrally located general dentistry practice consists of 100% private patients and grossed $280,000 in 2017 on a part-time basis – 2 days/week. For 2018, the practice is on target to do $287,000. Now, take a look at the asking price. $99,000! That’s about 35% of gross. And this practice is sharp. Located on the 2nd floor of a professional building overlooking the main strip in Fort Lee with an enormous (free) private parking lot. Why so inexpensive? The doctor, practicing since 1959, simply has to sell before year’s end. So, here is your opportunity to take over for a current University Professor with a rock-solid reputation. Lock in a long-term lease (approximately $2,500/month) and enjoy the luxury of taking over one of the most stellar reputations in the industry.
Physical Facilities:
- 900 sq. ft. (approximate) office
- 2 fully equipped operatories
- 3 digital x-ray machines
- 1 digital panorex machine
- Reception area, waiting room and private doctor’s office
- Sterilization and lab area, men’s & women’s hall bathrooms
- Ideally located in the thickly populated GW Bridge area
- Softdent Dental software – Server and 5 workstations
- Physical assets valued at $100,000
Practice Information:
- Private Fee-for-Service patient base only
- Approximately 350 strictly private active patients (past 24 months)
- Office open 2 days/week, 8:00 am to 5:00 pm
- 2 PT hygienists
- 1 FT dental receptionist, 1 PT dental assistant
- Average Monthly Collection thru July 2018 is $23,900
- Annual Collections for:
- 2017 $279,865
- 2016 $271,014
- 2015 $282,095
- 2014 $318,294
- 2013 $282,482
- Averaged 5 New Patients/month past 12 months