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Practice Profile: Successful, Turnkey, and Poised to Grow

Posted by Betsy Krekling, ADA Advisor on 8/5/22 9:21 AM
Betsy Krekling, ADA Advisor

Small_Town_Dental_Practice_For_Sale (1)

Looking for a successful, turnkey practice with room to grow in a great community?

Buy this primarily fee-for-service practice where personal service and quality are the rule. The 3-operatory family practice has served this northwestern New Jersey town since 1970, building patient relationships that span generations.

Here, you’ll work with a capable, motivated team to practice the full gamut of general dentistry, including restorative, endodontics, implant restoration, oral surgery, fixed and removable prosthodontics, and more. The staff firmly believe in customizing treatment to each patient’s needs and desires. The practice embodies integrity, quality, and compassion.

Strong policies have made this practice a success. The practice enjoys a 99% collection rate and just 60% overhead, with no Medicare or capitation insurance plans. Digital records and radiographs make record-keeping easy.

But the biggest assets are the patients, who the seller describes as “good, educated, respectful people.”

The practice is currently open part-time, and three other local general dentists are all nearing retirement. Since the practice draws from a surrounding population of about 12,000, that gives the buyer plenty of untapped demand.

The office building is also for sale. This 1,200-square-foot former home has ample windows and french doors, plus a full basement. The practice currently operates from three operatories, with space for a fourth. And since it’s located on a one-acre lot, you can expand even more as your patient pool grows. Enjoy great visibility on a major thoroughfare, with plenty of parking.

The seller is ready to retire but happy to provide mentorship to get you up to speed and help build patient and community relationships.

This practice is ideal for a young dentist who wants to raise a family in a comfortable small town that’s an easy drive from New York City, Newark, Philadelphia, and other cities.

The family-oriented area is home to many commuters who love the large lots and meandering roads. People know and care for one another. Much of the local social life centers around education and school activities — perfect for a young family. The school system is among the best in New Jersey, and a local secondary school attracts students from all over the world.

 Service organizations abound, including Rotary, Lions Club, the Masons, and the American Legion. A diverse spiritual community welcomes many different denominations and faiths.

Enjoy the outdoors? You’ll love this area. The town is located in the valley of the Kittatinny Mountain range of the Appalachian mountains. The famous Appalachian Trail (1800 miles from Maine to George) runs through the area, and the town hosts many through-hikers. Several local camps (YMCA, Boy Scout, and others) draw children and families.

Explore the 70,000-acre Delaware Water Gap National Recreation Area and 40 miles of Delaware River banks for swimming, boating, fishing, hunting, wildlife watching, hiking, or camping. In winter, you’re just 30 minutes from skiing in the Poconos.

 Nearby industry includes Mars/Wrigley, DM Pharmaceuticals, manufacturing, hospitals, colleges, and plenty of retail shopping.

 If you’re trying to balance your career with a young family, this turnkey practice is the place! Step right in with the staff, patients, and equipment you need to succeed from Day One, then expand as much as you like over time.

Fill out the form below to learn more about this great practice!

 

Interested in this practice? Ask for details!

Contact our Advisory Team to learn more about this practice and similar opportunities available through ADA Practice Transitions.

Topics: practice profiles


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