November 21, 2009
 
 
Dental Practice  •  $130,000

Location: Los Angeles
Seller: Brad Tait
Phone: 310-372-4772
 
 
About This Business
BizBen Ad #: 143729
Status: Available
Start Date: 10/6/09
Last Revised: 12/31/69
Location: Los Angeles
County: Los Angeles
City: Los Angeles
Contact Information
Seller or Contact: Brad Tait
Primary Phone: 310-372-4772
Alternate Phone: Not Provided
Email: brad@taitassociates.com
 
 
Financial Information
Asking Price: $130,000
Down Payment: $65,000
Annual Cash Flow: $35,000
Annual Revenue: $382,904
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Yes
 
 
Business Summary
The Company Opened In Its Current Location And Began Operations On April 7, 1977. The Two Doctors Have Been Operating The Practice Since Its Inception With No Changes Of Ownership Or Location. After 32 Years Of Operation One Doctor Must Retire Due Health Reasons And The Partners Have Decided To Sell The Practice. The Remaining Partner Is Willing To Stay On Full Time And Work With The New Owner To Transition The Business If Needed. He Is Open To Negotiate Terms And Length Of Employment. Here Is A Great Opportunity For A Dentist Wanting To Start Their Own Practice, Take Advantage Of 32+ Years Of Experience And An Extensive Client List To Jump Start Your Business. One Partner Is Willing To Stay On And Provide A Consistent Revenue Source And Seamlessly Transition The Client Base To The New Owner.

The Practice Provides Dental Services Including X-Ray And Teeth Whitening Services In The Los Angeles And Culver City Area. There Are Numerous Opportunities To Add Additional Revenue By Providing Additional Services Such As Oral Surgery And Orthodontics That The Current Dentists Refer To Other Practitioners. Revenue Can Also Be Increased Significantly By Opening The Practice On Friday, They Are Currently Closed And Not Seeing Patients That Day.

The Current Lease Expires January 31st Of 2012. The Facility Is Fully Equipped And The Purchase Price Includes All Inventory, Furniture, Fixtures And Equipment. The Offices Are In Just Over 1900 Square Feet Consisting Of Reception Area, Waiting Room, Two Offices, Break Room, Laboratory, X-Ray Room, Restroom And Six Operatories.

All Existing Inventory, Furniture, Fixtures And Equipment Are Included In The Sales Price. The Accounts Receivable And Payable Are Excluded And Any Liabilities Of The Company Will Be Paid From Proceeds At The Close Of Escrow. The Partners Are Willing To Carry Up To 50% Of The Selling Price Of The Business. They Are Offering To Carry A Note At 6% Interest For 36 Months.