Dental Practice #4298 – Modern & Stately
Basking Ridge, NJ. Ideally located in the center of town and across from the train station is this drop-dead gorgeous general dentistry practice. Not only is this a premium location with train and bus service to and from New York City, but this is also a ground floor opportunity in a contemporary and impressive professional building with a 17-year reputation. The numbers you see below are from one dentist operating just two days/week (Friday & Saturday) and an oral surgeon coming in once a month. Fully digital facility, 70% fee for service and 30% insurance. With a projected 2021 gross of $932,000, this dental practice is priced to sell. Three (3) fully equipped operatories, three (3) digital x-ray machines, one (1) digital pan/ceph unit, laser, etc. In addition to the 1,000 square feet of office space, there is an additional 500 square feet of storage space. Rent is $3,300/month with the current lease good thru April 30, 2026. Seller will help with a smooth transition and also offer his built-in marketing system as part of the sale. This is a very impressive and well-managed family and cosmetic dental practice. Please call now for a private showing.
Physical Facilities:
• 1,000 sq. ft. (approximate) office w/500 sq. ft. of storage space
• $3,300/month rent; 5-year transferrable lease
• Reception area and waiting room
• Sterilization and lab area, staff/break room
• Separate private doctor’s office
• 3 fully equipped operatories
• 3 digital x-ray machines, 1 digital pan/ceph, laser
• Dentrix Dental software – Server and 6 workstations
• Physical assets valued at $180,000
Practice Information:
• 70% Fee for Service/30% insurance patient base
• Approximately 1,200 active patients (past 24 months)
• Open 2 days/week
• Friday - 8:00 am to 5:00 pm. Saturday - 8:00 am to 3:00 pm
• 0 FT, 3 PT staff members
• First Quarter Collections (Jan. 2021, Feb. 2021, Mar. 2021) were $233,000
• Annual Collections for:
o 2020 $624,173
o 2019 $734,652
o 2018 $546,301
o 2017 $696,596
• Averaged 22 New Patients/month past 12 months
Price: Available
$605,000 Exclusive of Accounts Receivable
Contact us about this practice listing. Mention Listing #4298
