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Dental Office

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$350,000 $460,000 $297,060

Real Estate:
$550,000 ( not included in the asking price)

Business Summary:
Well established Dental practice located in an intercity area in Union County. In a freestanding house on a busy main avenue 2 apt; 4 rooms, 2bdr @ 900 p/mo, 2 rooms 1bdr @875 o/mo. Property available at $550k. Shows well. Specializing; General dentistry/orthodontist. 3 chairs with 4 operatories. Short hours, short days. Needs owner/operator/dentist to be hands on in order to take charge. Upside tremendous by extending (the hours, days), accepting Medicaid, HMO, PPO. Add 4th chair, do capitation. Seller willing to stay and train in ortho up to 1yr hold note; 75k for right person. Shown by app’t after hours. Breakdown of sales; 250k (g.p), 210k (ortho) private ins: (30%). For further information please contact Jim Hamdan at 908-851-9040 Ext 210

 
   
   
Year Business was Established: 1994
   
Facilities / Terms of Lease: 4 room operations, good condition, lease available 5 years + 5yr  
   
Potential Growth/Expansion: Other services other type of practices  
   
Owner willing to finance: All cash for right buyer. Seller willing to hold 75k  
   
Owner willing to train: Up to 1 year  
   
Reason for selling: Wants to slow down  
 

 

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