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Dental Office

  • Status: Available
  • Price: $799,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6400
  • Status: Available
  • Area: Los Angeles
  • Price: $799,000

Description

Established 37 years ago on a 3,687 sqft. dental office for sale with 14 fully equipped rooms, Panorama  X-Ray machine, CT Scan machine, Implant equipment, Whitening equipment, Dental lab, Insurance contract, Storage room, Lunchroom, and etc….

Hours of operations are from (10am-7pm / Mon. through Fri) and Saturdays 9am-5pm. Rent is $15,800 including NNN with a 5 years lease, lease expires 2026.

There are 14 employees including doctors.

The reported Gross income in 2022 is estimated to be $1,680,000. Seller claims his Net is estimated on 2022 to be $551,000 including ($431,000 doctor salary).

In 2021  Gross income was $1,550,000. Seller claims in 2021 Net income was $497,000 including ($368,000 doctor salary).

Business Information

Ownership Type: Corporation
Year Established: 1984
Year Purchased: 1984
Business Type: Dental Office
License(s) Required: Business
Hours of Operation: (10am-7pm / M-F) , (9am-5pm / Sat.)
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6400
Date Available: 12/30/2022
Reason For Sale: Retiring

Financial Information

Annual Total:
1,680,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
15,800/m
Lease Expires:
2026
Lease Option:
1 x 5 years option
NNN:
included

Financing Information

Down Payment:
Owner Will Carry:
Other Finance:
Terms:

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