DENTAL PRACTICE FOR SALE (#746)

LOCATION:                  Morris County (desirable suburb), NJ                                             

HISTORY:                     This dentist purchased the practice in 1991 and now wants to retire.

STAFF:                         1 FT Office Manager, 1 FT DA, 1 PT DA

OFFICE:                        Located on busy street in small professional building on 1^st floor, beautiful office, 1000 square feet, 2 operatories (room for 3^rd op -private office), lab/sterilization area, private office, waiting room, reception area, and bathroom.  Large parking lot.                         

RENT:                           The current rent is $1,750 per month plus utilities.  The lease expires 12/31/29.  The landlord will give a long term extension.

FINANCIAL:                 2025 Gross income $626K with $300K +++ net income.

                                         2024 Gross income $615K with a net income of $300K (48%)

FEES:                           The practice is fee-for-service and 4 PPO’s.  The private for a crown is $1,150

OFFICE HOURS:            Mon.                            8:00-5:00

                                         Tues., Thurs.                  11:00-7:30

                                        Wed., Fri.                      8:00-1:00

PATIENT LOAD:           50-60 patients per week, dentist is booked 3-4 weeks in advance.  There are a 8-new patients per month coming to the practice.

 EQUIPMENT:                The dental units and chairs are 3-10 years old.  Also, 3 cavitrons, Laser, autoclave, 3 x-ray machines.  Dexis digital x-ray with 1 sensor.  The practice management system is Dentrix which is networked through out the office.

OTHER NOTES:            MOLAR ENDO, ALL ORAL SURGERY, AND IMPLANT PLACEMENT SURGERY PRECEDURES, ALL ORTHODONTICS ARE REFERRED OUT.  This owner does NO internet or SEO marketing.  If a new owner provides more procedures and advertises this practice online/social media, there is tremendous potential to grow revenue.

ASKING PRICE:            $535K

NOTE:                          The above data is an overview of this practice.  All information should be double checked for accuracy.

FOR MORE INFORMATION CONTACT:                                                        Mark Epstein

EPSTEIN PRACTICE BROKERAGE, LLC                                                  973-744-4747

www.practice-broker.com