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Dental Office

  • Status: Available
  • Price: $480,000

Rolando Aldabert

License No:
DRE # 02200882
Email:
rolando@lbaweb.com
Office:
616-816-1141
Mobile:
626-739-8787
  • Listing No: 6441
  • Status: Available
  • Area: San Diego County
  • Price: $480,000

Description

Well Established Dental Practice for sale located in San Diego County Ca. Established over 20 years ago. Current ownership since 2015. With approximately 2010 square feet, featuring four fully equipped operatories and the option to convert an extra private room into an additional operatory. The lease stands at nearly $6,000 per month, with a 10-year term and a 5-year renewal option (2 years and 3 months remaining on the current lease). Currently this general dentistry practice, with no specialty services and or hygienist, operates with one front office staff and two dental assistants, serving patients from Tuesday to Friday. Patient base mainly consists of PPO (90%) and cash (10%) with an average of 23 new patients per month and around 750 active patients in the past 2 years. The practice is equipped with new Dexis Sensors, updated delivery systems in two operatories, a new ultrasonic cleaner, a 3-year-old compressor, and a 2-year-old water pump. Accounts receivables stand at approximately $10,000.

~Owner Reports~

2023 Annual Gross Income Projected To Be Over $600,000

2022 Annual Gross Income Was $573,000
Owner Reports Net Income at About $248,000 Per Year
Current Rent is About $6,000 / 2010 Sqft In Space

Business Information

Ownership Type: Corporation
Year Established: 20 years ago
Year Purchased: 2015
Business Type: Dental Office
License(s) Required:
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6441
Date Available: 10/26/2023
Reason For Sale: Semi Retiring

Financial Information

Annual Total:
600,000
Revenue:
Annual Net Income:
248,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
6,000
Lease Expires:
Lease Option:
NNN:

Financing Information

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

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