Dental Practice #4187 – Heavenly Howard Beach

Howard Beach, NY. With a projected gross of $927,000 for 2019, this well-established general dentistry practice is now selling for just 54% of gross! Mixed FFS/PPO/Medicaid patient base, this reputable dental facility operates on the ground floor of a mixed-use building with two income-producing residential apartments above. The practice is being sold exclusively with its real estate. A spacious 1,200 square feet includes four (4) fully equipped operatories, each plumbed w/nitrous, (4) four x-ray machines and one (1) panorex unit. Staff includes a periodontist working twice a month, an orthodontist working once a month and a hygienist working twice a week. With the real estate now considerably reduced and priced to sell, enjoy a rent-free dental practice with a continuous flow of monthly checks from your tenants. Owner is more than happy to stay on to make the transition perfectly smooth. Please call now for a private showing.

Physical Facilities:
1,200 sq. ft. (approximate) office
Practice is being sold exclusively with its real estate
Reception area and waiting room
Sterilization and lab area, staff/break room
Separate private doctor’s office
4 fully equipped operatories, each plumbed w/nitrous
4 x-ray machines, 1 panorex unit
Easy Dental software – Server and 2 workstations
Physical assets valued at $100,000

Practice Information:
Mixed Fee for Service/PPO/Medicaid patient base
Approximately 1,000 active patients (past 24 months)
Office open 5 days/week
Periodontist works 2 days/month. Orthodontist works 1 day/month
Hygienist on staff 2 days/week
2 FT, 4 PT staff members
Average Monthly Collection thru September 2019 is $77,250
Annual Collections for:
2019 $927,000 (projected)
2018 $852,992
2017 $800,571
2016 $760,036
2015 $844,510
Averaged 30 New Patients/month past 12 months