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Home » Businesses For Sale » Dental Practices » Los Angeles » Listing BFS-169407

Established Dental Practice (32 Years)

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Location

  • City Los Angeles
  • State California
  • CountryUnited States

Not Relocatable

Real Estate Included

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

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.

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