Journal Square Dental Practice
Hudson County, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $725,000 |
$137,368 |
$103,061 |
Furniture and Fixtures Value:
$55,000 (included in the asking price)
Real Estate:
$659,000 (included in the asking price)
Business Summary:
Dental practice being sold with or without building. Practice $85000 or building for sale 659,000 with rental income of 31,200, parking and apartment income. If buying practice present dentist landlord will charge 3200 a month rent. Present set up 2 operatories can set up third. Full basement for storage and records. Waiting room, office, extra room & bathroom. Plenty of parking for operating dentist. Building 2.5 stories, one apartment rental 1900 a month can be resin to 2500 a month. Property 125x31 parking with 3 garages parking for 8. figures are from 2011 when doctor worked 2 days a week part timer, now doctor works 1 day a week part time. Doctor is a now a full time professor at dental college of New Jersey. Taxes on building are 11,410.00. Building and practice is $725,000. Figures that are shown are for practice that is open only two days a week- fulltime dentist would more than double this income. Dental office with parking two and a half story building with one rental apartment $1900 a month this can easily get over $2500 a month rent. Plus 3 car garage and additional parking monthly rent income 700 plus space for staff.
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| Year
Business was Established: 38 |
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| Number of Employees:
1 |
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| Facilities / Terms of Lease:
Dental office with parking two and a half story building with one rental apartment $1900 a month this can easily get over $2500 a month rent. Plus 3 car garage and additional parking monthly rent income 700 plus space for staff. |
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| Potential
Growth/Expansion:
Any young dentist who buys either practice or building with practice has to be successful one of few area in the area that has unlimited parking available plus additional income from rentals or living quarters if needed. |
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| Competition:
The present dentist had a very lucrative practice now slowed down with carpel tunnel syndrome- will resume her profession as a professor at NJ Dental University. |
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| Owner
willing to finance:
Owner believes a bank mortgage can be obtained- buildings with rentals can qualify for bank financing. |
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| Owner
willing to train:
Two weeks |
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| Reason for selling:
Doctor will be retiring after 40 years. |
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| REQUEST MORE INFO |
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