Situated in Northern New Jersey, an area celebrated for its strategic proximity to Manhattan and robust community infrastructure, this general dental practice presents a prime acquisition target for a group seeking significant growth potential. Operating within twenty miles of Manhattan, the practice boasts two well-established locations, each featuring five modern operatories, summing up to ten in total. With both real estate properties available at the point of sale, this setup provides a solid foundation for further expansion and operational stability.
The current doctor, who has served the community for over fifteen years, is seeking a partnership with a group that can continue scaling the practice. Presently, the practice caters to a substantial patient base of 4,725 active individuals, consistently attracting 10-15 new patients monthly at each site. This practice not only supports multiple providers, including the dentist and an associate but also showcases a strong financial profile with over $600,000 in EBITDA. This opportunity is tailored for a DSO that values a well-rooted practice with a trajectory for sustained growth and profitability.
Highlights of the New Jersey practice:
- Two locations with 10 total operatories
- Collections of $2.967 million
- EBITDA of $604,000
- Real estate available
- Multiple providers
Northern New Jersey communities within the NYC Metro Area, offer a compelling blend of cultural, recreational, and economic benefits, making them attractive for both living and business. These areas boast a thriving arts scene, abundant outdoor activities, and proximity to major sporting events. With a relatively moderate cost of living compared to NYC, excellent school systems, and positive regional ratings, the locale provides a quality lifestyle without the metropolitan price tag. The business environment is favorable, marked by a notable lack of competition in certain sectors, which promises lucrative opportunities for groups looking to expand.
Interested in learning more and reviewing the prospectus of this New Jersey dental practice? Contact Professional Transition Strategies – email Bailey Jones – bailey@professionaltransition.com or call: 719.694.8320. Reference #NJ22625. We look forward to speaking with you!
- Type of Practice: General Practice
- Location: New Jersey
- # of Operatories: 10
- Collections: $2,967,000
- Adj. EBITDA: 604000
- Active Patients: 4,725
- new patients per month: 15