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Dental Office

  • Status: Pending
  • Price: $599,000

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: $599,000

Description

Established 40 years ago, 1,796 Sqft. Dental office for sale with 8 x fully equipped rooms, Panorama X-Ray machine, CT Scan machine, Implant equipment, Whitening equipment, Dental lab, insurance contract, Storage room, Lunchroom, etc…

Business hours are from (9am-5pm) / Monday thru Friday), and Saturdays (8am- 5pm).

Rent is $7,545 a month including NNN. With 5 years Lease  and a 5 years option to extend.

Seller claims his reported Gross Income;

In 2022 is estimated to be $870,000.  ( 2021 was $830,000). with Net income estimation on 2022 by the seller to be $341,000 including ($256,00 doctor salary).

In 2021 Net income was $330,000 including (242,000 doctor Salary).

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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