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Dental Practice for Sale / Optional Real Estate
Job ID: 38354
Location: New Jersey
Position: Dental Practice for Sale / Optional Real Estate
Company: 3 Percent Dental Practice Brokerage, LLC

Dental Practice #4461 – Heaviest Traveled Road

Jersey City Heights, NJ. Amazing location! High visibility on one of the county’s heaviest traveled roads – 25,000 vehicles daily. This freestanding commercial building is also an income-producing building with second floor residential tenants. Located on the corner of Kennedy Boulevard at a major intersection (w/traffic light) in Jersey City Heights with on-street parking and surrounded by the hottest condo developments. This is a ground floor opportunity with an active bus stop directly at the front door. Just a few blocks from Journal Square. Four (4) fully equipped operatories, one (1) Scannex x-ray scanner, one (1) digital panorex, one (1) pan/ceph unit and one (1) dental laser. Work out a reasonable lease with the seller or purchase the real estate at fair market value and collect $1,875/month rent from the 2nd floor tenant. Open 3 days/week with an Orthodontist treating patients on Saturdays 2x/month. Seller will stay on to assist with a perfectly smooth transition and even work as a salaried employee if you like. Please call now for a private showing.

Physical Facilities:

·   1,034 sq. ft. (approximate) office w/600 sq. ft. of additional storage

·   Practice available with or without (income-producing) real estate

·   $2,900/month rent; Right of First Refusal (ROFR)

·   Reception area and waiting room

·   Sterilization and lab area

·   Separate private doctor’s office, 2 bathrooms

·   4 fully equipped operatories, 1 Scannex x-ray scanner

·   1 digital panorex machine, 1 pan/ceph unit, 1 dental laser

·   Dentrix Dental software – Server and 6 workstations

·   Physical assets valued at $135,000

Practice Information:

·   FFS patient base only. No PPO, No Medicaid, No DMO

·   Approximately 1,268 active patients (past 24 months)

·   Open 3 days/week

·   M & R - 10:00 am to 2:00 pm (two half days). T & W - 10:00 am to 6:00 pm. Every other Saturday w/Orthodontist - 8:00 am to 2:00 pm

·   1 FT, 4 PT staff member, includes hygienist. Orthodontist on staff

·   2024 Collections (Jan. 2024 thru Mar. 2024) were $106,086

·   Annual Collections for:

o 2023  $409,405

o 2022  $438,183

o 2021  $425,444

o 2020  $397,766

·   Averaged 10 New Patients/month past 12 months

Price:  Available

$350,000 (exclusive of accounts receivable)

$995,000 Real Estate (OPTIONAL)

Contact us about this practice listing. Mention Listing #4461

Contact: Scott Alberg, Practice Broker (NO FEE)
Email: customerservice@3percentdental.com
Website: www.3PercentDental.com
Phone: 2016644135
Posting Date May 28th, 2024
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