Newark, NJ. Mixed FFS/PPO/DMO/Medicaid, 20-year established general dentistry practice is located near the scenic beauty of Branch Brook Park. Specialists on staff include a periodontist, endodontist, oral surgeon and orthodontist. Ground floor opportunity in a professional building with 2,225 square feet of office space including a marble floor entrance way. Six (6) fully equipped operatories including 2 new KaVo P4 dental chairs, six (6) digital x-ray machines and a digital pan/ceph unit. 19 years left on the lease includes one (just started) 10-year and two 5-year options. Ideal for a partnership team to take over for the two current GP’s who are selling. Location, population and the tranquility of Branch Brook Park make this selection an easy one.

Physical Facilities:

  • 2,225 sq. ft. (approximate) office
  • 19 years left on lease
  • Reception area and waiting room
  • Sterilization and lab area, staff/break room
  • Separate private doctor’s office
  • 6 fully equipped operatories including 2 new KaVo P4 dental chairs
  • 6 digital x-ray machines and 1 digital pan/ceph unit
  • Dentrix Dental software – Server and 14 workstations
  • Physical assets valued at $275,000

Practice Information:

  • Mixed FFS/PPO/DMO/Medicaid patient base
  • Approximately 4,000 active patients (past 24 months)
  • Office open 6 days/week
  • Averaging 5 hygiene days/week
  • 5 FT, 5 PT staff members
  • Average Monthly Collection thru May 2019 is $150,000
  • Annual Collections for:
    • 2018  $1,809,865
    • 2017  $1,722,996
    • 2016  $1,703,730
    • 2015  $1,698,075
  • Averaged 60 New Patients/month past 12 months

Price

$1,350,000 (exclusive of accounts receivable)
Contact us about this practice listing. Mention listing #4198
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