Miami 7-Chair Dental Office: Turnkey Practice Opportunity

Miami, FL

$290,000

Listing ID

FL8482

Specialty

Jump-Start Dental Office

Asking Price

$290,000

Operatories

4 Ops

Floor Space

2,300 sqft

Details SOLD

4 operatories and 7 chairs: a Miami office located on a stand-alone corner property on busy NW 12th Avenue in Little Havana, half a mile from the Health District.

The office has parking for 22 cars in an adjacent vacant lot that is included in the sale.

The practice generates approximately $500,000 in annual reported collections, and after 31 years the dentist is retiring.

The price shown is for the business; however, selling the real estate is the owner's priority. The package price for the entire offering is $1.2M.

This listing has been sold

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Acquisition Price

The total purchase price of the practice.

Down Payment

Cash contribution towards the purchase.

Loan Amount

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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

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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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