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Extremely Low Dental Practice Entry

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$150,000 $306,807 $39,214

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$5,000 ( not included in the asking price)

Business Summary:
20 year old dental practice does cosmetic, implant and family dentistry. Patients in database, 900 active; he does work with 26 dental insurances companies. 2 fully equipped dental operating rooms a third room can be converted for one also. Income 70% insurance 30% cash. Office also has large reception area plus large office area in basement. Nestled in the heart of north Hudson and on its main avenue, bus stops on every corner. Located on second floor also has treatment room. At present 3 FT employees. New owner has to seize this low entry price and promote existing facility. In this overpopulated area any advertising has to bring in hordes of new patients. There is $28,500 management income.

 
   
   
Year Business was Established: 20
   
Number of Employees: 3  
   
Facilities / Terms of Lease: 5 room rental $1983 a month. 2 procedure rooms’ reception area, office and extra room that can be converted, very busy area served by many buses. Aggressive dentist would do better.  
   
Potential Growth/Expansion: Advertising/ promotions getting name out there, if new buyer were a dentist business would easily double first year.  
   
Competition: As with all heavily populated areas competition exist, this one has been around for 20 years  
   
Owner willing to finance: Owner would take financing of $25,000 at negotiable term.  
   
Owner willing to train: Two weeks- keep present staff dentist on.  
   
Reason for selling: Owner who is not a dentist has other interest.  
 

 

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