Union City, NJ. General dentist is unable to renew his lease following 37 years in business. Because most of his dental equipment needs to be updated or replaced, the doctor simply decided to retire rather than relocate. There are 3,177 active patient charts (last 36 months) which are available for sale. Any reasonable offer will be considered.
Physical Facilities:
- 1,500 sq. ft. (approximate) office
- Real estate sold. No lease available
- Reception area with business office and 1 bathroom
- Sterilization and lab area, staff/break room
- Separate private doctor’s office
- 2 semi equipped operatories, 2 x-ray machines
- Easy Dental software – Server and 1 workstation
- Physical assets valued at $25,000
Practice Information:
- 20% Medicaid patients
- 15% Capitation/DMO patients
- 30% PPO patients
- 35% Private insurance/Cash patients
- 3 FT, 2 PT staff members
- Average Monthly Collection thru September 2016 is $43,000
- Annual Collections for:
- 2015 $513,100
- 2014 $538,839
- 2013 $598,792
- 2012 $644,293
- Averaged 25 New Patients/month past 12 months