NEW LISTING – Dental Practice #492
Established general dentistry practice located in retail center available for immediate purchase. Practice is located in a very nice facility with updated technology. Four (4) equipped operatories with digital radiography and a digital panoramic. Seller is retiring but will provide transition.
Physical facilities:
- 1,700 sq. ft. (approximate) office
- Lease rate is $4,625 per month, includes water, CAM, ins. & taxes
- Four (4) fully equipped operatories
- Reception area, business office, consult office
- Sterilization and lab areas, staff/break area, private doctor’s office
- Gendex digital radiography w/ 2 sensors
- Instrumentarium OP200D digital panoramic x-ray
- Acteon Sopro Life intra-oral camera
- Dentrix software – Dell server w/ 11 workstations (Windows 10)
- Physical assets valued at $159,000
Practice information:
- Mostly PPO-Fee for Service patient base, some Medicaid (15%)
- Averaging 19 new patients/month in past 9 months (excluding Covid stoppage)
- Dentrix report yields approx. 1,276 unique patients in past 24 months
- Office open 4.5 days/week (Monday to Friday)
- Averaging 4.5 hygiene days/week
- Staff: 2 Front, 1 RDA, 1 RDH
- 18-month adjusted monthly collection avg through June 2020 is $35,172
- Annual Collections for
- 2020 $379,421 (annualized and adjusted for Covid stoppage)
- 2019 $438,049
- 2018 $457,056
- 2017 $511,416
Price:
$244,000 Exclusive of Accounts Receivable
