Dental Practice
FOR SALE BY OWNER
Suffolk County, Long Island, New York.
The Opportunity
This is a family dental practice that has been in existence with the same dentist and hygienist since 1984 (39 years). The current owner is retiring and offering the practice for sale.
Value: $115,000
The offering includes:
The 2nd floor office with 3 fully-equiped operatories, reception area, waiting room, laboratory, sterilization room, private office, utility room and storage area.
The transfer of the lease within a modern professional office building, which includes the office space, common areas of ground floor lobby, elevator, restrooms and ample parking lots.
The goodwill of the patient records of 39 years.
The Building
This is a 1200 square foot office on a 2nd floor of a modern professional building.
Located on a main road bordering Smithtown and Islip.
The office is complete with 3 operatories, reception area, private office, laboratory, utility room and sterilization room.
The Practice
Family practice performing general dentistry since 1984 by the current dentist and hygienist.
The practice consists of successive generations of patients including children, adults and the elderly.
It is currently open 4 days per week, and occasional weekends.
Financials
Fee for Service dental practice with the exception of Delta PPO dental insurance.
The monthly lease of $2200 per month is in effect and offset by currently renting the third operatory to an independent general dentistry practitioner on a month-to-month basis.
Average gross revenues of $150,000 - $200,000 are based upon an 8-month per year work schedule.