NJ4218

 West Long Branch, New Jersey

 Monmouth County

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General Practitioner

Date Listed: Nov 6th, 19

Tell Me More About This Property

apps

1860

SQ.FT

4

OPERATORIES

people

507

ACTIVE PATIENTS

today

4

DAYS OPEN PER WEEK

Description

West Long Branch, NJ. Wonderful (ground-floor) opportunity to own this 1,860 sq. ft. condo in a spectacular, ultra-modern professional building w/beautiful grounds. You will immediately notice a perfect flow to this office with double entry doors, high ceilings and curved corners. Four (4) uniquely-themed, fully equipped operatories with a fifth (5th) available operatory already plumbed. An additional treatment room is also available as a 6th operatory. 1 Belmont chair, 2 Adec chairs, 1 new generic chair and 3 new Gendex x-ray machines. Game room, coffee/tea/juice bar and massage chairs. Wired audio/video throughout. Righty/lefty setup in each op. Staff lounge and private doctor’s office. Plumbed nitrous system throughout. Air abrasion system. Located near the Monmouth Mall, Home Depot, Starbucks, USPS, Walgreens, etc. Unlimited free parking. No Medicaid and no DMO’s. Just 65% insurance (private and PPO’s) and 35% cash paying patients. The seller has been practicing at this very location for 29 years. Practice is being sold exclusively with real estate. Please call now for a private showing.

Physical Facilities:

• 1,860 sq. ft. (approximate) office
• Practice is being sold exclusively with real estate
• Reception area and waiting room. Double entry door. High ceilings w/curved corners
• Game room, coffee/tea/juice bar, massage chairs
• Sterilization and lab area, staff lounge. Separate private doctor’s office
• 1 Belmont chair, 2 Adec chairs, 1 new generic chair and 3 new Gendex x-ray machines
• 4 uniquely themed, fully equipped operatories. 5th plumbed operatory available. An additional treatment room is also available as a 6th operatory. Plumbed nitrous system throughout. Air abrasion system.
• New cabinetry as of 6 years ago. Wired audio/video throughout. Two bathrooms
• Dentrix Dental software – Server and 7 workstations
• Physical assets valued at $450,000

Practice Information:

• Mixed Fee for Service/PPO patient base
• Approximately 507 active patients (past 24 months)
• Office open 3 ½ days/week
• Hygienist on staff
• 2 FT, 1 PT staff members
• Average Monthly Collection thru September 2019 is $41,700

• Annual Collections for:

o 2019 $500,000 (projected)
o 2018 $452,182
o 2017 $542,586
o 2016 $602,164
o 2015 $545,701

• Averaged 42 New Patients/month past 12 months

Price: Available

$399,000 Practice + $499,000 Real Estate ($898,000 total)