Dental Practice #4451 – Densely Populated Hoboken

Hoboken, NJ. Mixed FFS/PPO, 25-year established general dentistry practice is located on the corner of one of the most well-known and highly traveled streets in all of Hudson County. Easy access for patients via the Hoboken Bus Terminal and the Hudson-Bergen Light Rail. Extremely heavy foot traffic with the Hoboken Post Office just blocks away. So many businesses, banks, restaurants, pharmacies, etc., all within walking distance. 1,400 square feet of office space with four (4) fully equipped operatories, four (4) digital x-ray machines and one (1) digital panorex unit. No Medicaid, DMO’s or capitation plans. Very reasonable rent of just $3,755/month with 9 years left on the current lease and an additional 5-year option available. If you are looking for a quality practice that has the rare distinction of being in the middle of everywhere, please call now for a private showing.
Physical Facilities:

1,400 sq. ft. (approximate) office
Rent: $3,755/month, 9 years left on current lease w/5-year option
Reception area and waiting room
Sterilization and lab area, staff/break room
Separate private doctor’s office,2 bathrooms
4 fully equipped operatories
4 digital x-ray machines, 1 digital panorex unit
Eaglesoft Dental software – Server and 7 workstations
Physical assets valued at $180,000

Practice Information:

Mixed Fee for Service/PPO patient base
Approximately 2,500 active patients (past 24 months)
Open 5 days/week
Monday thru Friday – 9:00 am to 5:30 pm
3 FT, 2 PT staff members
2024 Collections (January 1, 2024 thru January 27,2024) were $72,200
Annual Collections for:

2023:  $876,540
2022:  $869,005
2021:  $844,933
2020:  $709,990

Averaged 20 New Patients/month, past 12 months

Price:
$710,000 (exclusive of accounts receivable)
Contact us about this practice listing. Mention Listing #4451
*All photos are generic until we qualify buyers. Information deemed reliable but not guaranteed.