Dental Practice In Los Angeles For Sale

Business description

Summit Business Brokers, Inc. announces its representation for sale for $650,000 of a family and cosmetic dental practice in Westchester (Los Angeles County), California. The current dentist has been practicing in the community for 20 years and the patient goodwill builds upon a predecessor practice established over 50 years ago. The practice features a modern, beautifully built out facility located in a professional building with plenty of convenient parking. It is located in a thriving commercial and residential neighborhood with average home prices of approximately $1.2 million, and there is easy access from all parts of Los Angeles County. The 1,140 sq. ft. office includes three treatment rooms with Proma chairs, a Siemens digital x-ray machine, and a full suite of modern dental and office equipment. There is also adjacent room to expand the suite an additional 2,000 s.f. In addition to the dentist, the practice employs an on-call oral surgeon, one registered dental assistant and three dental assistants. The practice is 70%, indemnity/PPO, and 30% cash (fee for service). Annual gross revenues from the practice exceed $702,000, and unleveraged owner’s benefit exceeds $200,000. This is an excellent opportunity for a relatively new dentist to start his or her own practice, or for an established dentist to expand an existing practice. Assistance with financing for a qualified buyer may be provided. Please call John Schmid, Summit Business Brokers, Inc.,

Property information

Real Estate:

Lease

Lease terms:

Lease on 1,140 sf suite expires 12/31/2012. Current rent $2,042/mo plus CAM.

Location:

Located on a busy boulevard in Westchester, City of Los Angeles, CA.

Other information

Expansion potential:

New owner may negotiate a lease for the adjacent suite.

Support & training:

Seller will provide 4 weeks training at 10 hours/week.

Reasons for selling:

Moving to another state.

Trading hours:

regular business hours

Financing available:

Numerous companies provide acquisition financing for dental practices.