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High-Traffic Retail Location, 50+ New Patients Monthly, Associate Run
Listing ID
CA0844
Specialty
General Dentist
Annual Collections
$1,502,982
Asking Price
$1,349,000
New Patients
50/mo
Operatories
7 Ops
Floor Space
2,500 sqft
Year Built
2006
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Details
High-Traffic Retail Location!
No Advertising — 50+ New Patients Per Month!
99% Associate Run!
Seller is relocating to the East Coast. Having practiced dentistry for over 30 years, the seller is ready to slow down. The practice is mostly associate run, situated in a busy retail location anchored by a large grocery store. Equipment is newer and in excellent condition, and the practice is well maintained with up-to-date technology. The seller built this practice from scratch in 2006 and expanded it in 2012. It benefits from a large, established patient base. The seller currently works in the practice only one day per week. The on-site lab technician role can be replaced at approximately half the current cost, offering additional cash flow potential. The landlord is willing to write a new, long-term lease.
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.
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Debt Service Coverage Ratio (DSCR) measures the practice's ability to pay debt with cash flow. Lenders typically require >1.25x.
