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General Dentistry Practice in Allendale, NJ

Allendale, NJ, US

Added 1 month ago

Dental Practice

Retiring Owner

A general dentistry practice located in Allendale, NJ, offering cosmetic procedures and equipped with two operatories and a digital x-ray machine.

Asking

$150K

Revenue

$241K

Earnings

$241K

Multiple

0.6x

2022 annual collections were $241,248
2023 projected annual collections are $207,000
2021 annual collections were $169,028
2020 annual collections were $111,357
2023 collections from January through July were $120,710
Physical assets are valued at $60,000
Approximately 500 active patients in the past 24 months
Averaged 7 new patients per month over the past 12 months
Practice operates 2 days per week (Tuesday and Thursday, 9:30 am to 6:00 pm)
Office is 900 sq. ft. with 2 fully equipped operatories, 1 digital x-ray machine, and a portable Sirona laser
Rent is $2,500 per month
Staff includes 1 full-time and 1 part-time employee
Seller has practiced for 41 years and is willing to assist with transition for up to 5 years

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Dental Practice In Allendale For Sale - Business for Sale