IE#20 Chino Dental Practice
Property Description

HomeSouthern California IE#20 Chino Dental Practice Chino, San Bernardino County, California, United States For Sale, Pending | Accepting Back Up Offers $1,000,000. Listing Number : ?IE#20 Share Share Added to favorites Add to favorites Print Operatories 5 Sq Ft 2400 DescriptionThis general dental practice is operated as an ?S? Corporation and is located in a professional building with multiple tenants. Number of Operatories ? 5 ops total. 6 plumbed, 5 equipped.Square footage of office ? 2,400 square feetLease amount and remaining terms ? Base rent, $5,313.18/month, includes water, trash, outside cleaning and building maintenance. Additional monthly charge for CAM, $450/month. 3% increase per year starting on March 1st. Current lease expires March 2027.Average age of equipment ? 10 yearsComputer OS ? Eagle soft, fully digital officeOwner works ? 3.5 days a week. Office is partially associate run. Associate works 3 days a week.Hygiene ? Associate and owner conduct hygiene 4 days a week.Patient count ? 4,500 active patientsPatients booked ? 2 weeks ahead of timeCurrent owner since 2017 after purchasing the practice.Reason For Selling ? Need to spend time on law practice.*Estimated* Patient BreakdownCash20%PPO25%HMO5%Dentical50%PPO insurances accepted ? All major PPOs are accepted.HMO insurances accepted ? DeltaCareCAP check ? $900/month*Estimated* Production ProfileImplant Related5%Restorative Crown/Bridge25%Perio10%Endo10%Ortho5%Pedo5%Oral Surgery10%Removable10%Preventative/Diagnostic20%Production BreakdownExam$954 Bitewing X rays$65Prophylaxis Adult$105Composite Filling 2 Surfaces, Posterior$125Crown, Porcelain/Metal Base$995Periodontal Maintenance$151Gross CollectionsYearGross IncomeSource2019$753,1672019 Tax Return, 1120-S2020$612,4992020 Tax Return, 1120-S2021$807,1792021 Tax Return, 1120-S2022$1,023,4372022 Tax Return, 1120-SJuly 2022 to July 2023$1,193,66112 Month Trailing P+L2022 Net after adbacks: $526,000July 2022 to July 2023 Net after adbacks: $533,079Notable Equipment & TechnologyItemBrandQuantityDelivery UnitDCI5Adult X Ray?Schick1Pedo X Ray?Schick1CBCT + Panoramic UnitSamsung1ComputersDell12Intra Oral CamerasDARYOU4This sale is confidential and does not include photos of the practice. Contact us today to see this office!CLICK HERE TO SCHEDULE AN APPOINTMENT TO SPEAK ABOUT THIS OFFICEInterested in purchasing a practice in the Chino?La VerneOntarioUplandRancho CucamongaCheck out these other nearby offices!Rough Location of Office+?Leaflet | ? OpenStreetMap contributors

Basic Details
Title:
IE#20 Chino Dental Practice
Property Type:
Type Of Sale:
Unclear
Listing ID:
101851
Country:
US
State:
CA
Location of Practice:
city
Revenue:
Prod Or Collec 1m- 2m
Specialty:
Gp
Insurance MIX:
Ppo Primarily And Some Medicaid