Dental Practice #4276 – Essex County, NJ

Essex County, NJ. Mixed FFS/PPO/NJFC, this well-established general dentistry practice is located on a prime corner property (first floor) in a professional medical building. 90% insurance patients mean the revenue is nonstop and absolutely recession-proof. 6,500 current active patients and averaging 100 new patients monthly. A roomy 2,800 square feet of office space with an additional 1,000 square feet of storage space. Eleven (11) fully equipped operatories, four (4) digital x-ray machines, one (1) digital panorex unit and one (1) Nomad portable x-ray unit. Pedo, oral surgery, ortho, half of molar root canals and implants regularly referred out. Lots of goodwill here as the seller is willing to stay on for up to 6 months to make the transition perfectly smooth. If you are looking for a busy dental office in a bustling section of Essex County, look no further than Dental Practice #4276.

Physical Facilities:
2,800 sq. ft. (approximate) office w/1,000 sq. ft. storage space
$5,730 month/rent
Reception area and waiting room, 3 bathrooms
Sterilization and lab area, staff/break room
Semi-private doctor’s office
11 fully equipped operatories, 3M crown mill
4 digital x-ray machines, 1 digital panorex unit, 1 Nomad portable x-ray machine
Eaglesoft Dental software – Server and 17 workstations
Physical assets valued at $300,000

Practice Information:
Mixed Fee for Service/PPO/NJFC patient base
Approximately 6,500 active patients (past 24 months)
Office open 5 1/2 days/week
Monday thru Friday – 9:30 am to 5:00 pm. Saturday – 8:00 am to 1:00 pm
6 FT, 6 PT staff members
Last Quarter Collections (Oct. 2020, Nov. 2020, Dec. 2020) were $325,000
January 2021 Collections were $98,000
Annual Collections for:
2020 $1,073,969
2019 $1,426,157
2018 $1,467,304
2017 $1,529,322