Dental Practice #4429 – 40 years, 1 Manhattan Location

Manhattan, NY. Mixed FFS/PPO/DMO/Medicaid, 40-year established general dentistry practice is located amongst prime Manhattan real estate. Take the elevator to the 9th floor of this renowned professional building and enter this nicely designed 750 square foot dental office featuring two (2) fully equipped operatories, two (2) digital x-ray machines and a private doctor’s office. Open 3 days/week, Tuesday thru Thursday 8:00 am to 4:00 pm. 5% Fee for Service and 95% PPO, DMO and Medicaid make up the collections for this 4-decade dental practice. Oral surgery, perio surgery, endo, implants and ortho regularly referred out. Owner will stay on for up to 2 months to make the transition perfectly smooth. If you are looking for a Manhattan hotspot from a long-standing well established dentist with a rock-solid reputation, look no further than Dental Practice #4429. Please call now for further information.

Physical Facilities:
750 sq. ft. (approximate) office
$8,514/month rent, 3 years remaining on lease
Reception area and waiting room
Sterilization and lab area
Separate private doctor’s office
2 fully equipped operatories
2 digital x-ray machines
Dentrix Dental software – Server and 2 workstations
Physical assets valued at $60,000
Practice Information:
Mixed FFS/PPO/DMO/Medicaid patient base
Approximately 500 active patients (past 24 months)
Open 3 days/week
Tuesday thru Thursday – 8:00 am to 4:00 pm
1 FT, 2 PT staff member
2022 Collections (Jan. 2022 thru Nov. 2022) were $309, 877
Annual Collections for:
2021 $396,992
2020 $361,706
2019 $444,382
2018 $412,029
Averaged 5 New Patients/month past 12 months
Price:
$275,000 (exclusive of accounts receivable)