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Sold Jump-Start Dental Office Practice Updated 28 weeks ago

Coral Springs: 4 chairs, patients included

Coral Springs, FL
$285,000
Listing ID

Listing ID

FL5265

Specialty

Specialty

Jump-Start Dental Office

Asking Price

Asking Price

$285,000

Operatories

Operatories

4 Ops

Floor Space

Floor Space

1,250 sqft

Details SOLD

Coral Springs dental office is located in a large retail plaza on W Sample Rd, in an area with high visibility and daily traffic exceeding 55,000 vehicles. The practice sits in a retail center with numerous national tenants and features four operatories plus a private office, three digital radiography units (including a panoramic), and computers in every room.

The Coral Springs location encompasses 1,250 square feet and monthly rent is $3,400 (including CAM).

Gross annual collections for the last three years, through 2019, exceed $400,000. The practice is open three days per week (Monday, Wednesday, Friday) and currently refers out most endodontics, implants, orthodontics, pediatric dentistry, and oral surgery.

The owner does not physically manage the office; the practice operates with a full-time associate.

The payer mix is primarily PPO and fee-for-service, with less than 1% HMO and no Medicaid.

This listing has been sold

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$9,100/mo
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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.

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