NJ4311

 Old Bridge, New Jersey

 Middlesex County

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General Practitioner

Date Listed: Oct 13th, 21

Tell Me More About This Property

apps

1700

SQ.FT

3

OPERATORIES

people

1230

ACTIVE PATIENTS

today

2.5

DAYS OPEN PER WEEK

Description

Old Bridge, NJ. Since location is everything, let me assure you that the demographics on this corner property / strip mall site have already been vetted by the following surrounding stores: Walgreens, Wendy’s, 7-Eleven, Dunkin Donuts, KFC, Carvel, etc. Operating just 2 ½ days/week, enjoy a modern 1,700 square foot facility with excellent corner exposure and huge signage. Three (3) fully equipped operatories and three (3) digital x-ray machines. Private and PPO patients only. Low rent, priced to sell and nothing but upside with this fantastic turnkey opportunity. Please call now to schedule an appointment for a private showing.

Physical Facilities:

  • 1,700 sq. ft. (approximate) office
  • $2,295/month rent
  • Reception area and waiting room
  • Sterilization and lab area, staff/break room
  • 3 fully equipped operatories w/mobile nitrous unit
  • 3 digital x-ray machines
  • Open Dental software – Server and 5 workstations
  • Physical assets valued at $175,000

Practice Information:

  • Mixed Fee for Service/PPO patient base
  • Approximately 1,230 active patients (past 24 months)
  • Open 2 ½ days/week
  • T & W – 9:00 am to 5:00 pm. F – 9:00 am to 1:00 pm.
  • 4 PT staff members
  • First Half Collections (Jan. 2021 thru June 2021) were $169,653
  • Third Quarter Collections (July 2021 thru September 2021) were $81,182
  • Annual Collections for:
    • 2020  $199,076
    • 2019  $334,484
    • 2018  $351,767
    • 2017  $271,017
  • Averaged 10 New Patients/month past 12 months

Price:

$180,000 (exclusive of accounts receivable)