View Larger ImageDental Practice #4171 ? Reserved for the Elite FewOrange County, NY. If you are ready to dedicate your skills to a high traffic, high volume dental practice with a net income of $1,000,000+ annually, then look no further than this lucrative, very rare opportunity. This flagship dental facility is a blue-collar haven and a recession proof practice. 80% of revenue is from actual insurance claims. $4,054,039 gross 2017, $1,060,858 net income = 26.17% profit. Preferably a private equity group would be the ideal purchaser. In fact, it may be necessary in order to handle the colossal volume this practice produces. Located amongst prime real estate, this $4,000,000+ grossing dental practice is highly advanced with no expenses spared. Tremendous goodwill. Both owners will each stay on for two years as salaried employees to make the transition smooth and absolutely seamless. For an exclusive private showing and for further details, please call now.Physical Facilities:4,700 sq. ft. (approximate) office2,000 sq. ft. of additional expansion availableTwenty (20) fully equipped operatoriesTwenty-three (23) intra-oral x-ray machinesFour (4) additional panorex machinesReception area with business office and waiting roomSterilization and lab areas, staff/break room w/lockersDentech Dental software ? Server and 9 workstationsPhysical assets valued at $1,000,000Goodwill ? Owners will stay on as salaried employees for 2 yearsPractice Information:Mixed Fee for Service/PPO/DMO patient baseApproximately 12,000 active patients (past 24 months)Office open 4 1/2 days/week (Friday is a half day, no weekends)4 GP?s, 1 Periodontist, 1 Oral Surgeon, 2 Orthodontists, 2 Hygienists14 FT staff membersAverage Monthly Collection thru October 2018 is $340,000Nets $1,000,000+ annually w/greater than 25% profit marginAnnual Collections for:2017 $4,054,039 ($1,060,858 net income) 26.17% profit2016 $4,211,454 ($1,180,958 net income) 28.04% profit2015 $4,152,236 ($1,020,416 net income) 24.58% profit2014 $4,048,997 ($1,028,824 net income) 25.41% profit2013 $4,027,957 ($1,033,389 net income) 25.79% profit2012 $4,150,043Extraordinary 99.1% collection rateApproximate Accounts Receivable of $450,000 ? due in 90 days (95% insurance reimbursement)Recession Proof Practice ? 80% actual insurance revenueAveraged 300+ New Patients/month past 12 monthsPractice can pay for itself in six (6) yearsPrice: $6,600,000 or 6x EBITDA ? Inclusive of Accounts Receivable ($450,000)Contact us about this practice listing. Mention listing #4171*All photos are generic until we qualify buyers. Information deemed reliable but not guaranteed.Larisa2020-08-30T23:32:22+00:00