Dental Practice #4302 – Busy Corner Property
Newark, NJ. 100% private. No Medicaid, no DMO’s, no PPO’s, no capitation. Located in the ironbound business district of Newark is this gigantic corner property dental practice. 2,600 square feet of modern office space with an additional 2,600 square feet of basement storage. Three (3) fully equipped operatories as well as four (4) additionally plumbed ops ready to be furnished. Seven (7) ops total. This state-of-the-art facility is fully digital with cloud-based PMS (Denticon), digital x-rays and intraoral camera. There is also a large waiting room and reception area, private doctor’s office and an over-sized laboratory. The practice is projected to gross $500,000 in 2021 based on a 3-day/week work schedule. There is no marketing and the doctor does not participate with any insurance plans. Adding insurance participation, should you so desire, will flood your schedule at this location. Easy access to a pay-parking lot right next door. Opportunity for prominent signage in several locations of the building. Unlimited potential if that’s the route you want to go. Otherwise, enjoy treating private patients in a stress-free environment. Please call now for a private showing.
Physical Facilities:
• 2,600 sq. ft. (approximate) office, plus 2,600 sq. ft. of basement storage space
• $3,800/month rent; 3 ½ years left on lease, plus three 5-year options
• Large reception area and waiting room
• Sterilization and huge lab area, staff/break room
• Separate private doctor’s office, 3 bathrooms
• 3 fully equipped operatories w/4 ops additionally plumbed (7 ops total)
• 3 digital x-ray machines, intraoral camera
• Denticon Dental software – Cloud based with 5 workstations
• Physical assets valued at $100,000
Practice Information:
• 100% Private patient base
• Approximately 1,000 active patients (past 24 months)
• Open 3 days/week
• Monday, Tuesday & Wednesday - 9:00 am to 5:00 pm
• 0 FT, 2 PT staff members
• First Quarter Collections (Jan. 2021, Feb. 2021, Mar. 2021) were $112,000
• April 2021 Collections were $52,000 / May 2021 Collections were $40,000
• Annual Collections for:
o 2020 $309,600
o 2019 $541,000
o 2018 $529,871
o 2017 $485,302
• Averaged 4 New Patients/month past 12 months
Price: Available
$350,000 Exclusive of Accounts Receivable
Contact us about this practice listing. Mention Listing #4302
