Dental Practice #4428 – Modern-day Elegance

Salem County, NJ. Just off Broadway near a giant Walmart is this 32-year established general dentistry practice with a contemporary flair. The facility is a freestanding, commercially zoned building with its own private parking lot. Renovated in 2015, handicap accessible and 100% turn-key. Mixed FFS/PPO/DMO/Medicaid, the office accepts all insurance plans and has a hygienist on staff. Three (3) fully equipped operatories with one (1) plumbed treatment room which can be converted into a 4th operatory. Three (3) digital x-ray machines and one (1) mobile unit for nitrous. Open Monday thru Thursday from 9:00 am to 4:00 pm and Saturdays from 8:00 am to 1:00 pm. Work out a reasonable, long-term lease with the landlord. The seller, currently operating on a month-to-month lease, would like us to share with you the fact that he is very motivated to sell. Please call now for a private showing.

Physical Facilities:
1,850 sq. ft. (approximate) office
Work out a reasonable, long-term lease with the landlord
Reception area and waiting room
Sterilization and lab area, staff/break room
Separate private doctor’s office
3 fully equipped operatories w/additionally plumbed treatment room
3 digital x-ray machines, 1 mobile nitrous unit
Easy Dental software – Server and 4 workstations
Physical assets valued at $100,000
Practice Information:
Mixed FFS/PPO/DMO/Medicaid patient base
Approximately 900 active patients (past 24 months)
Open 4 ½ days/week
Monday thru Thursday – 9:00 am to 4:00 pm. Saturday – 8:00 am to 1:00 pm
3 FT, 2 PT staff member, includes 1 hygienist
2022 Collections (Jan. 2022 thru Nov. 2022) were $407,910
Annual Collections for:
2021 $434,292
2020 $448,550
2019 $505,207
2018 $520,992
Averaged 10 New Patients/month past 12 months
Price:
$375,000 (exclusive of accounts receivable)