Holmdel, NJ. Mega-sized professional building w/immediate first floor visibility as you walk in. With nearby Holmdel Towne Center, enjoy great restaurants like Houlihan’s, Chili’s and Texas Roadhouse and a shopping center including Best Buy, Marshalls and Home Goods. Since the seller is both a dentist and medical doctor, the office has four (4) fully equipped dental operatories and three (3) additional medical examination rooms. Also includes four (4) x-ray machines, three (3) panorex machines and three (3) cephalometric units. An enormous 2,890 square feet of office space w/12,000 active patients and 200 new patients/month. The gross collections you see below is for dental only. The practice operates with two (2) general practitioners (the seller is the third) and one (1) orthodontist. Eight years left on the current lease which, of course, is renewable. Practicing for 15 years at this very location, the seller will proudly stay on for 6 to 12 months to make your transition a seamless one. For a private showing or for further information, please call now.

Physical Facilities:

  • 2,890 sq. ft. (approximate) office
  • Rent: $4,900/month
  • Reception area and waiting room
  • Sterilization and lab area, staff/break room
  • Separate private doctor’s office
  • 4 fully equipped operatories PLUS 3 medical examination rooms
  • 4 x-ray machines, 3 panorex machines and 3 cephalometric units
  • Easy Dental software – Server and 5 workstations
  • Physical assets valued at $200,000

Practice Information:

  • Mixed Fee for Service/PPO/Medicaid patient base
  • Approximately 12,000 active patients (past 24 months)
  • Office open 6 days/week
  • Seller can help with the transition for 6 to 12 months
  • 3 FT, 1 PT staff members
  • Average Monthly Collection thru July 2019 is $58,500
  • Annual Collections for:
    • 2018  $701,103
    • 2017  $703,980
    • 2016  $691,540
    • 2015  $709,504
  • Averaged 200 New Patients/month past 12 months

Price

$499,000 (exclusive of accounts receivable)
Contact us about this practice listing. Mention listing #4205
*All photos are generic until we qualify buyers. Information deemed reliable but not guaranteed.