Philadelphia, PA. Mixed FFS/PPO, 34-year established general dentistry practice is just blocks away from the iconic city hall. Located on the ground floor of a well-known commercial building, this newly renovated facility has all new equipment and chairs in all five (5) operatories. Before retiring, the seller was urged to replace his antiquated equipment and he did. Includes five (5) brand-new x-ray machines and a 4-year-old digital pan/ceph machine. New cabinetry, too, in all five ops as well as the reception area. New hardwood floors throughout and so much more. The seller also renewed his lease for the new buyer. 4 ½ years are left on his current 5-year lease with three (3) more 5-year options. So, the stage is set for you to take over a 34-year reputation without worrying about a thing. I almost forgot… there is a new compressor too. Please call now for a private showing.
Physical Facilities:
- 2,100 sq. ft. (approximate) office
- $5,100/month rent; 4-years remain on current lease w/three 5-year options thereafter
- Reception area and waiting room
- Sterilization and lab area, staff/break room
- Separate private doctor’s office
- 5 brand-new fully equipped operatories
- 5 brand-new digital x-ray machines, 1 digital panorex unit
- Dentrix Dental software – Server and 7 workstations
- Physical assets valued at $275,000
Practice Information:
- Mixed Fee for Service/PPO patient base
- Approximately 2,655 active patients (past 24 months)
- Open 6 days/week
- M thru F – 9:00 am to 5:00 pm. Sat. – 9:00 am to 2:30 pm
- 4 FT, 3 PT staff member, includes 1 hygienist
- 2024 Collections (Jan. 2024 thru Feb. 2024) were $115,880
- Annual Collections for:
- 2023: $709,722
- 2022: $748,900
- 2021: $798,379
- 2020: $604,774
- Averaged 18 New Patients/month, past 12 months