Lawrenceville, NJ. Popular dentist retiring after 35 years in business. Corner property location on a major highway with a beautiful park and lake in rear. Located in Mercer County, NJ, this (primarily) fee for service dental office offers two very beneficial advantages. First, the real estate is available with the practice. Zoned for commercial and residential, collect rent on the 2nd floor or utilize the entire building for yourself. Secondly, the dentist is not only willing to stay on to make the transition smooth, but is available to work as a part-time employee. Plenty of good faith here.
The facility has 4 bedrooms on the 2nd floor, 3 baths, a gargantuan parking lot, a 3-car garage, finished basement, attic and very low taxes. The dentist is also willing to lease the space out, if you so desire. You can even lease out the facility and lock in a guaranteed price for the building if purchased within your first 5 years. This is quite an opportunity.
Physical Facilities:
- 1,600 sq. ft. (approximate) office
- Practice can be sold with or without real estate
- Reception area with business office and 3 bathrooms
- Sterilization and dual lab areas. Spacious waiting room
- Separate private doctor’s office. 2 quality autoclaves
- 3 fully equipped operatories, all with newer chairs
- Three Stars software – Server and 3 workstations
- Physical assets valued at $100,000
Practice Information:
- 90% Fee for Service patient base
- Approximately 1,000 active patients (past 24 months)
- Office open 5 days/week
- 3 X-Ray machines. 2 digital sensors
- 2 FT, 2 PT staff members
- Average Monthly Collection thru March 2016 is $13,000
- Annual Collections for:
- 2015 $153,038 (annualized)
- 2014 $238,387
- 2013 $290,726
- 2012 $338,738
- Averaged 12 New Patients/month past 12 months