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Dental Office

  • Status: Pending
  • Price: $799,000

Babak “BOB” Shamtoub

License No:
DRE #02050054
Email:
babak@lbaweb.com
Office:
424-542-1402
Mobile:
424-542-1402
  • Listing No: 6399
  • Status: Pending
  • Area: Los Angeles
  • Price: $799,000

Description

Asking Price: $799,000 including equipment and fixture

Established 40 years ago, 1796 Sf dental office for sale with 8 fully equipped rooms, Panaroma X-Ray machine, implant equipment, whitening equipment, dental lab, insurance contract, storage room, lunchroom, etc… Business hours are from 9 Am to 5 Pm Monday thru Friday and Saturdays 8 Am to 5 Pm. The rent is $8300,00 Inc NNN with a 5 year lease and a 5 year option to extend. The reported gross income in 2022 is estimated to be $870,000. The net is estimated on 2022 by the seller to be $341,000 including ($256,000 doctor salary ) The estimated gross for 2023 by the seller will be $898,000 and
estimated net by seller will be $383,000 including ($278,000 doctors salary)
Estimate projection Gross for 2024,$1,000,000.00

Business Information

Ownership Type: Corporation
Year Established: 1982
Year Purchased: 1982
Business Type: Dental Office
License(s) Required: Business
Hours of Operation: (9am-5pm / M-F.) & (Sat. 8am-5pm)
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6399
Date Available: 01/02/2023
Reason For Sale: Retiring

Financial Information

Annual Total:
830,000
Revenue:
Annual Net Income:
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
$7,545/m
Lease Expires:
2028
Lease Option:
1 x 5 years option
NNN:
Included

Financing Information

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

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