Basking Ridge, NJ. Ideally located in the center of town and across from the train station is this drop-dead gorgeous general dentistry practice. Not only is this a premium location with train and bus service to and from New York City, but this is also a ground floor opportunity in a contemporary and impressive professional building with a 17-year reputation. The numbers you see below are from one dentist operating just two days/week (Friday & Saturday) and an oral surgeon coming in once a month. Fully digital facility, 70% fee for service and 30% insurance. With a projected 2021 gross of $932,000, this dental practice is priced to sell. Three (3) fully equipped operatories, three (3) digital x-ray machines, one (1) digital pan/ceph unit, laser, etc. In addition to the 1,000 square feet of office space, there is an additional 500 square feet of storage space. Rent is $3,300/month with the current lease good thru April 30, 2026. Seller will help with a smooth transition and also offer his built-in marketing system as part of the sale. This is a very impressive and well-managed family and cosmetic dental practice. Please call now for a private showing.

Physical Facilities:

  • 1,000 sq. ft. (approximate) office w/500 sq. ft. of storage space
  • $3,300/month rent; 5-year transferrable lease
  • Reception area and waiting room
  • Sterilization and lab area, staff/break room
  • Separate private doctor’s office
  • 3 fully equipped operatories
  • 3 digital x-ray machines, 1 digital pan/ceph, laser
  • Dentrix Dental software – Server and 6 workstations
  • Physical assets valued at $180,000

Practice Information:

  • 70% Fee for Service/30% insurance patient base
  • Approximately 1,200 active patients (past 24 months)
  • Open 2 days/week
  • Friday – 8:00 am to 5:00 pm. Saturday – 8:00 am to 3:00 pm
  • 0 FT, 3 PT staff members
  • First Quarter Collections (Jan. 2021, Feb. 2021, Mar. 2021) were $233,000
  • Annual Collections for:
    • 2020  $624,173
    • 2019  $734,652
    • 2018  $546,301
    • 2017  $696,596
  • Averaged 22 New Patients/month past 12 months

Price:

$605,000 (exclusive of accounts receivable)
Contact us about this practice listing. Mention Listing #4298
*All photos are generic until we qualify buyers. Information deemed reliable but not guaranteed.