Dental Practice #4453 – Iconic City Hall Location

Philadelphia, PA. Mixed FFS/PPO, 34-year established general dentistry practice is just blocks away from the iconic city hall. Located on the ground floor of a well-known commercial building, this newly renovated facility has all new equipment and chairs in all five (5) operatories. Before retiring, the seller was urged to replace his antiquated equipment and he did. Includes five (5) brand-new x-ray machines and a 4-year-old digital pan/ceph machine. New cabinetry, too, in all five ops as well as the reception area. New hardwood floors throughout and so much more. The seller also renewed his lease for the new buyer. 4 ½ years are left on his current 5-year lease with three (3) more 5-year options. So, the stage is set for you to take over a 34-year reputation without worrying about a thing. I almost forgot… there is a new compressor too. Please call now for a private showing.
Physical Facilities:

2,100 sq. ft. (approximate) office
$5,100/month rent; 4-years remain on current lease w/three 5-year options thereafter
Reception area and waiting room
Sterilization and lab area, staff/break room
Separate private doctor’s office
5 brand-new fully equipped operatories
5 brand-new digital x-ray machines, 1 digital panorex unit
Dentrix Dental software – Server and 7 workstations
Physical assets valued at $275,000

Practice Information:

Mixed Fee for Service/PPO patient base
Approximately 2,655 active patients (past 24 months)
Open 6 days/week
M thru F – 9:00 am to 5:00 pm. Sat. – 9:00 am to 2:30 pm
4 FT, 3 PT staff member, includes 1 hygienist
2024 Collections (Jan. 2024 thru Feb. 2024) were $115,880
Annual Collections for:

2023: $709,722
2022: $748,900
2021: $798,379
2020: $604,774

Averaged 18 New Patients/month, past 12 months

Price:
$625,000 (exclusive of accounts receivable)
Contact us about this practice listing. Mention Listing #4453
*All photos are generic until we qualify buyers. Information deemed reliable but not guaranteed.