Dental Practice #4450 – Opportunity Knocks

Riverdale, NY. Mixed FFS/PPO, 30-year established general dentistry practice is ideally located in the Riverdale section of The Bronx. This freestanding 2,750 square foot building is exclusively dental and a magnificent corner property with onsite parking. There is also a private parking garage as well as additional basement storage. Six (6) fully equipped operatories, six (6) digital x-ray machines, one (1) digital panorex unit, one (1) Itero dental scanner and three (3) AMD soft tissue lasers. Approximately 1,000 active patients with 10 new patients arriving monthly. No Medicaid, DMO’s or capitation plans. The seller, who works 4 ½ days/week with a hygienist coming in 1 day/week, will not only stay on for a smooth transition, but is more than happy to continue as a part-time dentist. Don’t miss this wonderful opportunity. Please call now for a private showing.      

Physical Facilities:

·   2,750 sq. ft. (approximate) office; additional basement storge

·   $5,400/month rent; 8-year transferrable lease w/additional 5-year option

·   Reception area and waiting room

·   Sterilization and lab area, staff/break room

·   Separate private doctor’s office; 2 bathrooms

·   6 fully equipped operatories w/mobile nitrous unit

·   6 digital x-ray machines, 1 digital panorex unit

·   Softdent Dental software – Server and 9 workstations

·   Physical assets valued at $193,000

Practice Information:

·   Mixed Fee for Service/PPO patient base

·   Approximately 1,000 active patients (past 24 months)

·   Open 4 ½ days/week

·   Monday through Friday

·   3 FT, staff members, 1 PT hygienist

·   Annual Collections for:

o 2023:  $633,150

o 2022:  $520,276

o 2021:  $489,032

o 2020:  $551,162

·   Averaged 10 New Patients/month, past 12 months

Price:  Available

$549,000 (exclusive of accounts receivable)

Contact us about this practice listing. Mention Listing #4450