#4406 Bridgeport, CT

Dental Practice #4406 – Exquisite Dental Practice

Bridgeport, CT. Located just outside the Webster Bank Arena is this primarily private, top-shelf dental practice with a leading team dental professionals including two GP’s and four specialists. This turn-key operation with its ironclad reputation is located on a main thoroughfare in town with exclusive doctors’ parking. Five (5) fully equipped operatories, all with newer A-Dec equipment and furnishings, five (5) digital x-ray machines, and one (1) digital CBCT unit. Specialists include 1 oral surgeon 1x/month, 1 periodontist 2x/month, 1 endodontist 2x/month and 1 orthodontist 2x/month. The seller has not worked in six years but runs the practice for the past 18 years. Both GP’s are contracted employees for the past 6 and 8 years respectively. Whether you want to work the practice or just manage it, this is an investment opportunity that is hard to pass up.

Physical Facilities:
2,000 sq. ft. (approximate) office
2 years left on current lease w/two 5-year options remaining
Waiting room and reception area
Sterilization and lab area, basement suction/storage
Separate private doctor’s office
5 fully equipped operatories w/all with newer A-Dec equipment and furnishings
5 digital x-ray machines, 1 digital CBCT unit
Dentrix Dental software – Server and 8 workstations
Physical assets valued at $260,000

Practice Information:
Primarily Fee for Service/PPO patient base
Approximately 2,500 active patients (past 24 months)
Open 5 ½ days/week, 2 Saturdays/month
2 general practitioners, 1 oral surgeon, 1 periodontist, 1 orthodontist, 1 endodontist
5 FT, 5 PT staff members, includes 2 hygienists
Monthly Collections for Jan. & Feb. 2022 were $316,200

Annual Collections for:
2021 $1,819,242
2020 $1,702,125
2019 $1,648,203
2018 $1,992,391
Averaged 40 New Patients/month past 12 months
Price:
$1,375,000 (exclusive of accounts receivable)