Dental Practice #4449 – Ground Floor Manhattan

$325,000
For sale

Dental practice

5 operatories
1200 sq. ft.
$400,000 in annual collections

Manhattan, NY. If location is everything, here is a ground floor Manhattan opportunity priced to sell. Newly acquired in 2021, the practice is projected to top $400,000 in 2023 and the sole dentist on staff is open to remaining on, if the new owner would like. Open just 3 days/week with 1,200 active patients. The office presents itself beautifully with lots of upgrades recently. 1,200 square feet of office space includes five (5) operatories (4 fully equipped) and four (4) digital x-ray machines. There is also a 3,000 square foot basement for additional storage, and space for one additional chair. Mixed FFS/PPO/Misc., basically a little bit of everything. Tons of pedestrian traffic with an oversized dollar store adjacent to the dental office. Don’t miss this opportunity to strike while the iron is hot. Please call now for a private showing. Physical Facilities: 1,200 sq. ft. (approximate) office $6,700/month rent (5-year lease remaining, plus an additional 5-year option) Reception area and waiting room Sterilization and lab area, staff/break room Separate private doctor’s office, 2 bathrooms 5 operatories, 4 of which are fully equipped 4 digital x-ray machines Dentrix Dental software – Server and 6 workstations Physical assets valued at $75,000 Practice Information: Mixed Fee for Service/PPO patient base/ Misc. Approximately 1,200 active patients (past 24 months) Open 3 days/week M, T & W – 9:45 am to 6:00 pm 2 FT, 3 PT staff members 2023 Collections (Jan. 2023 thru November 2023) were $370,000 Annual Collections for: 2023: $403,600 (Projected) 2022: $290,674 2021: $247,742 2020: N/A Averaged 18 New Patients/month, past 12 months Price: $325,000 (exclusive of accounts receivable) Contact us about this practice listing.

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