Dental Practice #4504 – Excellent
Opportunity if you Act Quickly!
Elizabeth, NJ. Unfortunately,
we have to begin with some sad news. Due to the dentist’s wife being stricken
with serious health concerns and impending medical treatment abroad, this
million-dollar grossing dental practice must sell relatively quickly. Rest
assured, however, the dentist is still practicing and indeed thriving. Great
location! This commercial plaza location, sometimes referred to as a strip
mall, is adjacent to a bustling medical center with an abundance of free
parking. 1,400 square feet of ground floor office space with four fully
equipped operatories and three digital x-ray machines. 1,500 active patients
with 60 new patients arriving monthly. $6,050/month rent is well worth this
prime location. The lease ends 6/2027 with two 5-year options thereafter. $1,060,357
gross earnings in 2025 and $876,075 was collected in 2024. Please Note: The
seller purchased the practice from the original owner 2 years ago. However, the
seller has been practicing at this location for over 20 years. Because the
seller understands the need for a quick sale, as he will be joining his wife
abroad, this is a rare opportunity to purchase a successful general dentistry
practice at well below market value. Please call now for a private showing.
Physical Facilities:
· 1,400
sq. ft. (approximate) office
· $6,050/month
rent; Lease ends 6/2027 with two 5-year options thereafter
· Reception
area and waiting room
· Sterilization
and lab area, staff/break room
· Separate
private doctor’s office
· 4 fully
equipped operatories
· 3
digital x-ray machines
· Open
Dental software – Server and 7 workstations
· Physical
assets valued at $125,000
Practice Information:
· Mixed
Fee for Service/PPO/Misc. patient base
· Approximately
1,500 active patients (past 24 months)
· Open 6
days/week
· M &
R - 10:00 am to 6:00 pm. Tue. - 10:00 am to 4:00 pm. Wed. - 10:00 am to 3:00
pm. Fri. - 12:00 noon to 6:00 pm. Sat. - 9:00 am to 2:00 pm.
· 4 FT, 1
PT staff member
· Annual
Collections for:
o
2025: $1,060,357
o 2024:
$876,075 (10 months)
o 2023:
$1,015,799
o 2022:
$1,002,412
· Averaged
60 New Patients/month, past 12 months
Price: Available
$600,000 (exclusive of accounts receivable)
Contact us about
this practice listing. Mention Listing #4504 |