Old Tappan, NJ. Mixed FFS/PPO, well established general dentistry practice serving the Northern NJ community for 4 decades. 41 successive years, to be exact, by the same sole practitioner. Located in the affluent community of Old Tappan (Bergen County), take over this reputable three (3) operatory dental practice just across from the heavily trafficked Bi State Plaza. The professional building includes a pediatric practice, podiatry practice, physical therapy facility, etc. Bank of America, Chase and Kearny Bank are all right there as is Starbucks, Charlie Browns and CVS. The retiring dentist only puts in 2 days/week now (10 total hours/week) and refers out all endo, perio and ortho. Currently paying just $1,432/month rent for this 828 square foot 2nd floor suite, which also has additional basement storage. If you want to take over a rock-solid reputation in a bustling, well-to-do community, this could very well be the office for you. Please call now for a private showing.
Physical Facilities:
- 828 sq. ft. (approximate) office
- Current rent: $1,432/month
- Reception area and waiting room
- Sterilization and lab area
- Separate private doctor’s office
- 3 fully equipped operatories
- 2 digital x-ray machines, 1 panorex unit
- EZ 2000 Dental software – Server and 2 workstations
- Physical assets valued at $60,000
Practice Information:
- Mixed Fee for Service/PPO patient base
- Approximately 150 active patients (past 24 months)
- Office open 2 days/week (10 total hours/week)
- Nitrous setup in 2 of 3 operatories
- 1 PT staff members
- Average Monthly Collection thru August 2019 is $8,900
- Annual Collections for:
- 2018 $130,550
- 2017 $155,913
- 2016 $210,751
- 2015 $230,941
- Averaged 4 New Patients/month past 12 months