Company Overview
American Healthcare Capital is pleased to exclusively introduce a comprehensive dental practice for sale in New Jersey. The practice provides a variety of preventive, cosmetic, and restorative dental treatments in their office which has 8 operatories and is equipped with the latest dental technology. They service a 4-county area with patients traveling from out of state to receive services.
Financial Overview
The practice’s payor mix is 85% insurance and 15% cash/fee for service. Gross revenue has been over $3 million for the past 3 years with EBITDA in the range of 18 to 20% consistently, and they are on track to do the same in 2024. There is ample opportunity for growth, including the addition of Invisalign and surgical placement of implants.
Staff Overview
The doctor is looking to retire, but the rest of the staff are expected to continue with the new owner after the sale.
Asking Price
The asking price for the practice is $4.8 million.