Middlesex County, CT. This newer 6-operatory dental practice is just 23 months in business and growing exponentially with 15 to 20 new patients monthly. Constructed as an auxiliary office (45 minutes away from the seller’s home office) and open just 1 ½ days/week. Enjoy ground floor exposure, a massive 4,859 square feet of office space and a generous private parking lot. $114,000 invested in six (6) fully equipped operatories, four (4) digital x-ray machines and one (1) new digital panorex unit. Hygienist on staff one day/week. Eight (8) years left on the current lease at $2,200/month. Seller can stay on for an agreed upon period of time to make the transition smooth. Nearby businesses include Starbucks, Wells Fargo, Staples, Walmart, Pier 1 Imports, Home Goods, Bank of America and CVS Pharmacy. Starting a practice from scratch is never an easy venture and always expensive. Now that the hard part is done, take advantage of this high traffic location and, in fact, great location and turn this part-time practice into a full-time practice without the startup costs or risk. Please call now for a private showing.
Physical Facilities:
- 4,859 sq. ft. (approximate) office
- $2,200/month rent (8 years left on current lease)
- Reception area and waiting room
- Sterilization and lab area, staff/break room
- Separate private doctor’s office
- 6 fully equipped operatories
- 4 digital x-ray machines; 1 new digital panorex unit
- Denticon Dental software – Server and 7 workstations
- Physical assets valued at $114,000
Practice Information:
- Mixed Fee for Service/PPO/Medicaid patient base
- Approximately 500 active patients (past 24 months)
- Office open 1 1/2 days/week
- 1 hygienist 1 day/week
- 2 FT, 1 PT staff members
- Average Monthly Collection thru January 2019 is $26,000
- Annual Collections for:
- 2018 $190,648
- 2017 $104,813 (10 months)
- 2016 $0
- 2015 $0
- Averaged 15 New Patients/month past 12 months