Details
Location, location, location!!! Boca Raton, FL.
This general practice is located within a premier shopping center and several other anchor tenants. The seller has been in this plaza since 1989 and moved to a new spot within the same plaza 3.5 years ago, building a gorgeous practice with top-of-the-line dental equipment, dental cabinet, and technology. The space is 1,900 SF with 5 OPs, a private office, consultation room, semi-private office for the office manager, two bathrooms, a sterilization cabinet going from dirty to clean, a lab, and a staff lounge area. The equipment is top of the line, including a Planmeca 3D, Digital Scanner, P&C 3000 Chairs, LED dental lights, P&C cabinetry with rear-delivery system, and nitrous. The owner is now looking to retire but is flexible with working back post-sale for a short period of time to help with the transition. The practice is 100% FFS, open 4.5 days a week, and doing most specialty cases in-house. The lease is under fair market value at $5,200 all-in which is a huge plus since they have around 7 years left and two additional 5-year renewal periods.
Revenues:
2020: $1,799,175.00 (annualized with no covid shut-down)
2019: $1,564,113.00
2018: $1,860,157.00
Net take-home of $420,000.00 per year after debt service!
Contact Ricardo D’Avila to learn more
