Fishtown, Philadelphia Opportunity Dental Office (Philadelphia County, PA)
This is a great opportunity in the growing area of Fishtown region of Philadelphia which has shown explosive growth over the past 2 years. Extensive housing and industry is entering this area. The office, which has been in operation since 1995, is approximately 70% PPO/30% fee for service. Gross collections in 2021 were about $200k on just 2 days per week. There is no advertising or marketing, but the office still gets 10 to 12 new patients per month. Office refers out endo, ortho, perio, oral surgery and implant surgery. Office uses an intraoral camera and is computerized with digital x-rays. New chairs have been added to the 3 operatories over the past 2 years. Doctor owns the building which is 1800 square feet. The office is on the ground level and is about 900 square feet. There are administrative offices on the second level in this self standing building. There is a mortgage on the building but no loans on the dental equipment. Annual property taxes are a low $1700. Staff will stay on, not sure if the dentist will. Fees: Posterior crown $1200, full mouth x-ray $120, one surface composite $160. The combination of increasing advertising and marketing and keeping referral services in house could easily grow this practice significantly.