Irvington, NJ. Mixed Medicaid/PPO and private insurance, this 80-year established general dentistry practice is being offered for sale with or without real estate. Owner is a 44-year retiree who has a sole GP working M, T, W & R from 8:30 am to 4:00 pm. The building consists of a 1,000 sq. ft. dental office, a 1,000 sq. ft. medical office and a 1,000 sq. ft. basement laboratory. Income for the medical office is $1,400/month. Income for the dental laboratory is $300/month. However, the dental lab technician does all the maintenance on the building for free. Real estate taxes: $13,002/year. 3 fully equipped operatories. 3 x-ray machines. Additional 4th operatory available and already plumbed w/dental chair. 1 dentist, 1 receptionist and 1 dental assistant on staff. Free parking in rear of building. Highly motivated seller.

Physical Facilities:

  • 1,000 sq. ft. dental office / 1,000 sq. ft. medical office ($1,400/month income)
  • 1,000 sq. ft. dental laboratory in basement ($300/month income)
  • Dental practice is offered with or without real estate
  • Reception and lab area
  • Separate private doctor’s office
  • 3 fully equipped operatories. 3 x-ray machines
  • 4th operatory available and already plumbed w/dental chair
  • Physical assets valued at $75,000

Practice Information:

  • Mixed Medicaid/PPO/Private insurance base
  • Approximately 750 active patients (past 24 months)
  • Office open 4 days/week – M, T, W & R
  • Office hours: 8:30 am to 4:00 pm
  • 1 dentist, 1 receptionist, 1 dental assistant on staff
  • Average Monthly Collection thru March 2017 is $15,000
  • Annual Collections for:
    • 2016  $190,000 (annualized)
    • 2015  $192,300
    • 2014  $165,000
    • 2013  $153,000
  • Averaged 10 New Patients/month past 12 months

Price:  

$59,000 (inclusive of accounts receivable)
$229,000 Real Estate (OPTIONAL)
Contact us about this practice listing. Mention listing #4126
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