CA3930

 Central, California

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General Practitioner

Date Listed: Mar 26th, 24

Tell Me More About This Property

apps

2800

SQ.FT

6

OPERATORIES

people

900

ACTIVE PATIENTS

today

4.5

DAYS OPEN PER WEEK

Description

Stable GP Historic Producer with Well-Located Real Estate also Available! Over 36 years of Goodwill in this historically stable productions GP practice. This practice is well-designed, consisting of 6 Ops totally equipped, with space for another 2 to 4 Ops which could be added. The practice Real Estate is also available for purchase and is very well-located next to a major medical/hospital/dental area. The Buyer can enjoy rental income from their Real Estate investment or expand more Dental Operatories into the neighboring suite of this Office Building. The approximately 2,800 sq. ft. Professional Dental Office Building is stand-alone with free parking. The dental practice utilizes “Ace” PM Software in 6 workstations, “Schick” Digital X-Ray Sensors, “Saphire” Laser, Intra-Oral Cameras, a Digital Panoramic X-Ray, and all Dental Chairs have been re-upholstered. The community supports an historic stable patient base with what Seller describes as “predictable annual production/collections”. There is room for practice growth as the Seller currently refers out a lot of Endo, Ortho, Perio, and Implant Placement procedures. Seller reports that over 900 patients have had appointments in the past 18 months (and are considered “active patients”), the practice averaged 13 to 14 new patients per month over the past 5 years, and there are 5 days of hygiene completed in a week. The practice is a mix of approximately 80% PPO, 15% private-pay, and a small percentage of Medi-Cal patients. The practice is a Delta Dental Premier provider. 2022 Collections was $886K, and 2023 was $883K on a 4.5-day Dr. workweek. The Seller could work back up to 3 years months after the sale for the right offering package. The Seller would like to additionally sell the Real Estate to the buyer of the Dental Practice.