General Practice In A Desirable City
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description The practice has been established for 5 years in a free standing medical / dental building in the heart of the residential area. The well designed office has 1,175 sq ft with 5 plumbed ops (3 fully equipped, 2 private rooms-not equipped), waiting/reception room (seats 4), a staff lounge, utility room and restroom. Seller will be pursuing other investment interests. The monthly rent is $2,650/month. New lease is available. (Some equipment excluded). Seller is asking only $250,000 for equipment, leaseholds, etc. Past collections $300,000-$400,000, currently on part time schedule - $140,000-$150,000. There are 800 active charts. The seller sees 50 patients per week and hygiene are 20+ visits per month. The patient demographics are middle to upper class. Practice accepts PPO, and HMO - $2,000 cap check/month. The services rendered are 65% C&B, Cosmetics, Perio, 5% Implants, 10% Ortho, and 20% Hygiene. The office advertises on the radio and soon on TV. The office and seller hours are Monday - Friday 9am - 6 pm, and Saturday by appointment. There are 3 Part Time - 2 Front office, 1 back office (+ Office Manager-family) that work in the practice.
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