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Dental Practice for Sale w/Real Estate
Job ID: 34509
Location: New Jersey
Position: Dental Practice for Sale w/Real Estate
Company: 3 Percent Dental Practice Brokerage, LLC
 
Description:

Dental Practice #4300 – Uniquely Beautiful

Monmouth County, NJ. Gorgeous practice and a wonderful (ground-floor) opportunity to own, rent or rent to buy this elegant 1,860 sq. ft. condo in a spectacular, ultra-modern professional building w/beautiful grounds. You will immediately notice a perfect flow to this office with double entry doors, high ceilings and curved corners. Four (4) uniquely-themed, fully equipped operatories with a fifth (5th) available operatory already plumbed. An additional treatment room is also available as a 6th operatory. 1 Belmont chair, 2 Adec chairs, 1 newer generic chair and 3 newer Gendex x-ray machines. Game room, coffee/tea/juice bar and massage chairs. Wired audio/video throughout. Righty/lefty setup in each op. Staff lounge and private doctor’s office. Plumbed nitrous system throughout. Air abrasion system. Located near the Monmouth Mall, Home Depot, Starbucks, USPS, Walgreens, etc. Unlimited free parking. No Medicaid and no DMO’s. Just 65% insurance (private and PPO’s) and 35% cash paying patients. The seller has been practicing at this very location for 30 years. Please call now for a private showing. 

Physical Facilities:

·    1,860 sq. ft. (approximate) office

·    $3,500/month rent. Long term lease available. Right of first refusal, rent to buy or purchase the real estate outright

·    Reception area and waiting room. Double entry door. High ceilings w/curved corners

·    Game room, coffee/tea/juice bar, massage chairs

·    Sterilization and lab area, staff lounge. Separate private doctor’s office

·    1 Belmont chair, 2 Adec chairs, 1 newer generic chair and 3 newer Gendex x-ray machines

·    4 uniquely themed, fully equipped operatories. 5th plumbed operatory available. An additional treatment room is also available as a 6th operatory. Plumbed nitrous system throughout. Air abrasion system.

·    Newer cabinetry. Wired audio/video throughout. Two bathrooms

·    Dentrix Dental software – Server and 7 workstations

·    Physical assets valued at $300,000

Practice Information:

·    Mixed Fee for Service/PPO patient base

·    Approximately 507 active patients (past 24 months)

·    Office open 3 days/week

·    Hygienist on staff

·    3 FT, 2 PT staff members

·    First Quarter Collections (Jan. 2021, Feb. 2021, Mar. 2021) were $96,000

·    April 2021 Collections were $34,500

·    Annual Collections for:

o  2020  $498,305

o  2019  $435,722

o  2018  $452,182

o  2017  $542,586

·    Averaged 5 New Patients/month past 12 months

Price:  Available

$365,000 (exclusive of accounts receivable)

$399,000 Real Estate (OPTIONAL)

Contact us about this practice listing. Mention Listing #4300

 
Contact: Scott Alberg, Practice Broker
Email: customerservice@3percentdental.com
Website: www.3PercentDental.com
Phone: 2016644135
 
Posting Date May 18th, 2021
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