Business Overview

Thriving dental practice.
Everything from cleanings to implants.
Over 1,700 active patients in the last 2 years.
100+ Google reviews (4.9 star average)
Approx. 25 new patients per month.
Open 4-5 days per week.
Best Cosmetic Dentist by Brooklyn Awards Society.
Primarily PPO Insurance practice (Approx 80% – 85% of patients have insurance, 15%-20% don’t).
Payments – 45% Collections from Insurance. 55% from Copayments, Fee for Service.

Must be a dentist or must be partners with a dentist to purchase!

Financial

  • Asking Price: $324,999
  • Cash Flow: $380,000
  • Gross Revenue: $840,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $225,000
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Large front desk area. 2 operatories. Large consultation office. Lab. Bathroom. Waiting room. 3 tv's. 4 computers. Dental supplies & equipment.

Is Support & Training Included:

Staff will stay on. Assistance with Dentrix/Dexis system.

Opportunities and Growth:

Increase fee schedule. Negotiate PPO fees. Do more marketing to patient base. Open 7 days a week with associate 3 days and another associate 4 days. Add hygienist/s. Over $200k accounts receivables. Possibly expand out to more operatories with landlord.

Additional Info

The sale shall include inventory valued at $225,000, which is included in the listing price.

The company has 3 employees and resides in a building with approx. square footage of N/A sq ft.
The property is leased by the company for $4,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell businesses. However, the true factor and the one they tell you might be 2 entirely different things. As an example, they might say "I have a lot of various responsibilities" or "I am retiring". For many sellers, these factors stand. But also, for some, these might just be reasons to try to hide the reality of transforming demographics, increased competition, recent reduction in earnings, or a range of various other factors. This is why it is really important that you not rely totally on a vendor's word, but rather, use the seller's answer together with your total due diligence. This will paint a more realistic picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of businesses take out loans in order to cover points such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can mean that revenue margins are too small. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that should be satisfied or might cause penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area draw in brand-new consumers? Many times, operating businesses have repeat clients, which create the core of their day-to-day earnings. Certain elements such as brand-new competitors sprouting up around the location, roadway building, as well as employee turn over can influence repeat customers as well as adversely affect future profits. One important point to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the greater the chance to develop a returning customer base. A last thought is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Exactly how might the neighborhood mean house income impact future revenue potential?