Sold

Encino Fee for Service General Practice

This practice is ideally suited to either merge with another practice in Encino or be combined with the immediately following Encino practice listing which is immediately next door in the same building.  Both practices are very similar in that they are both full fee for service and out of network for PPO plans.  Both sellers are retiring and both have 4 nicely equipped operatory practices.  Combined, there are 3 days of hygiene per week and a total of 5 dentist days per week.  Each has less than one year remaining on the current lease term.  By combining both practices into one office, the gross collections would be approximately $800,000 per year with a combined net income (after duplicate cost savings) of $325,000 per year and both sellers refer All endo, All surgery, All perio and All ortho.  Neither does any marketing.  Outstanding and unique opportunity to acquire a beautiful, spacious practice with $1 million per year potential for a total package price of $500,000.  Consider the possibilities.

Sale Details

City:
Encino
Status:
Sold
Gross Income:
$427,000
Net Income:
$90,000
Operatories:
4
Building Type:
Professional
Asking Price:
$250,000
Equipment:
Fully computerized with PracticeWorks software and digital x-arys