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Associate-Run San Bernardino Practice in Busy Retail Center with Strong New Patient Flow
Listing ID
CA5841
Specialty
General Dentist
Annual Collections
$601,684
Asking Price
$499,000
New Patients
25/mo
Operatories
4 Ops
Floor Space
1,300 sqft
Year Built
2003
Details
San Bernardino Dental Practice Sale
Retail Location! Hispanic Grocery Anchor!
Original Owner! 45% to 50% Net!
100% Associate Run! On Track for $640K+!
The seller has kept the practice associate run most of the time since building it out in 2003. He owns multiple offices and is beginning the process of retiring. This excellent shopping center generates 20 to 25 new patients per month with no advertising. When the office is staffed five days per week, it collects $800K+ on restorative procedures alone, and it could easily exceed $1M by adding more surgeries. The larger shopping center is surrounded by homes and schools.
- Seller motivated
- Great foot traffic and parking
- Digital X-rays and digital panoramic X-ray
- Busy retail location
- Great patient base
- Insurance mix: HMO, PPO, Cash, MediCal
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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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
Debt Service Coverage Ratio (DSCR) measures the practice's ability to pay debt with cash flow. Lenders typically require >1.25x.
