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For Sale General Dentist Practice Updated 2 weeks ago

Motivated Seller! Nearly New Corona General Practice with Condo Available

Name: Motivated Seller! Nearly New Corona General Practice with Condo Available | Corona, CA
SKU: 15806802
Price: 200000 USD
Availability: InStock

Corona, CA

$200,000

Listing ID

15806802

Specialty

General Dentist

Asking Price

$200,000

Operatories

4 Ops

Floor Space

1,150 sqft

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Details

Buy a condo! Seller is flexible on price — make an offer! This practice can easily reach $1M+ in just 5 days. Seller financing is available for the practice.

This associate-run practice enjoys a steady flow of new patients in a great demographic area. The practice is practically new, and the condo is available for purchase. The patient mix includes PPO, DentiCal, and cash patients. Simple and consistent advertising keeps this practice growing.

Digital X-rays
Motivated seller
Great patient base with lots of new patients
Effective marketing in place
Updated office interior
Room to expand
Real estate available for purchase
Seller financing available (O.A.C.)
Great parking

Reno Iannini

FIrst Choice Practice Sales

First Choice Practice Sales, Inc., a full-service dental practice broker based in Newport Beach, has been a trusted leader in Southern California’s dental market since 1993. Under the leadership of Reno Iannini, the firm has facilitated thousands of dental practice transactions, offering expert guidance in commercial real estate and practice brokerage. Known for its innovative marketing, personalized service, and commitment to confidentiality, First Choice provides comprehensive solutions for buyers and sellers. From practice auctions to associate placements, they are the premier resource for dental professionals at every career stage.

Reno Iannini FIrst Choice Practice Sales

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Acquisition Price

The total purchase price of the practice.

Down Payment

Cash contribution towards the purchase.

Loan Amount

The total capital amount required for the acquisition or project, including working capital.

Rate (%)

Estimated annual interest rate. Current commercial practice rates typically range from 7-9%.

Term (Yrs)

The amortization period of the loan. 10 years is standard for practice acquisitions.

Collections

The annual gross revenue collected by the practice before any expenses.

$800k

Overhead %

Total operating expenses expressed as a percentage of revenue. Typically 55-65% for general practices.

60%

Personal Annual Debt

Sum of your personal annual payments (Home mortgage, student loans, auto loans, credit cards).

Disclaimer: These numbers are estimates. US Dental is not a financial institution and we will be connecting customers to institutions which are qualified to discuss finances.

Est. Monthly Payment

$9,100/mo

DSCR Ratio --x

Debt Service Coverage Ratio (DSCR) measures the practice's ability to pay debt with cash flow. Lenders typically require >1.25x.

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