Philadelphia, PA. With seven major department stores and more than 450 stores, boutiques and restaurants, this mega-mall is the largest retail space in the United States. So, here is your opportunity to take over a 3,000 SF 12-chair dental facility in the largest shopping mall on the East Coast. The magnificent office has both inside and outside entrances. 100% FFS and PPO. The office comes with an established practice grossing $1,900,000 in 2019 and has earning potential of $3M to $5M. That is because the office is only open 4 days/week, Monday thru Thursday. It is near all major highways and the mall welcomes 20 million visitors a year. Obviously, there is plenty of free parking. The office is only 3-years-old and furnished to the 9’s! Ten (12) fully equipped operatories, Prexion 3D-CBCT w/cephalomentric arm, 12 digital x-ray machines, 16 computers w/Dentrix management software, all A-dec equipped operatories with electric and air-driven fiber optic handpieces, etc. Seven years left on the current lease with two 5-year options available thereafter. If you are looking for the opportunity of a lifetime, please call now before this opportunity is no longer.
Physical Facilities:
- 3,000 sq. ft. (approximate) office
- 7-years left on lease with two 5-year options
- Reception area and waiting room
- Sterilization and lab area, staff/break room
- Two separate private doctor’s offices
- 12 fully equipped A-dec operatories, 12 digital x-ray machines
- Prexion 3D-CBCT w/cephalomentric arm, electric and air-driven fiber optic handpieces
- Dentrix Dental software – Server and 16 workstations
- Physical assets valued at $1,500,000
Practice Information:
- Mixed Fee for Service/PPO patient base
- Approximately 3,500 active patients (past 24 months)
- $3M to $5M potential annual gross earning
- Mega-mall location is the largest retail space in the United States
- Ideally located, the mall welcomes 20 million visitors a year
- Monthly Collection for September 2020 was $156,000
- Annual Collections for:
- 2019 $1,973,392
- 2018 $1,410,773
- 2017 $880,579
- 2016 $0
- Averaged 60 New Patients/month past 12 months