New Rochelle, NY. Operating since 1970 and purchased in 2000, this recently updated general dentistry practice moved to a professional medical building in 2010 where it was constructed from scratch. This is a 1,600 square foot facility located in downtown New Rochelle (on the ground floor) among newly constructed high-rise luxury condos. Three (3) fully equipped operatories with a 4th plumbed op available and three (3) digital x-ray machines. Rent is a very reasonable $2,409/month (includes gas, electric & water) with 2 ¾ years left on the current lease, plus another 10-year option. Endo and oral surgery regularly referred out. 15% DMO patients include a $3,233/monthly capitation check or $38,796/year which more than covers the rent. Just shy of $400,000 in collections for 2023 operating 3 ½ days/week with 6 weeks off for vacation. Don’t miss out on this value-packed practice that is priced to sell. Please call now for a private showing.
Physical Facilities:
- 1,600 sq. ft. (approximate) office
- $2,409/month rent (includes gas, electric & water) w/2 ¾ years left on current lease plus a 10-year option
- $3,233/monthly capitation check or 38,796/year
- Reception area and waiting room, central air conditioning
- Sterilization and lab area, staff/break room
- Separate private doctor’s office, 2 bathrooms
- 3 fully equipped operatories with a 4th plumbed op available
- 3 digital x-ray machines
- Eaglesoft Dental software – Server and 6 workstations
- Physical assets valued at $200,000
Practice Information:
- Mixed Fee for Service/PPO/DMO/Misc.
- Approximately 2,308 active patients (past 24 months)
- Open 3 ½ days/week
- M, T & R – 10:00 am to 4:00 pm. Fri. – 10:00 am to 2:00 pm
- 2 FT staff members
- 2024 Collections (Jan. 2024 thru March 2024) were $91,534
- Annual Collections for:
- 2023: $395,146
- 2022: $391,392
- 2021: $349,576
- 2020: $298,447
- Averaged 22 New Patients/month, past 12 months