Philly Based Endo Practice w/ 4 Ops & 3 Endos
Philadelphia, Pennsylvania
Asking Price: |
Gross: |
Cash Flow: |
$880,000 |
$1,451,333 |
$229,121 |
Furniture and Fixtures Value:
$137,000 (included in the asking price)
Inventory Value:
$0 ( not included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This Endodontic practice is able to handle both surgical andnon-surgical procedures plus pre- and post-procedure rootcanal work on all ages of clients. Included in the purchaseof this business is $137,000 worth of equipment, includingturnkey operatories with microscopes and CPCT 3-Dimaging machines. It is equipped with all the necessarytools to cast same day fittings for the patients. Having beenestablished over 50 years ago, this business boasts anexcellent reputation and stable revenue. With a staffconsisting of 3 assistants, 2 front office staff members, and2.5 Endodontics working in 4 fully furnished operatories,they are built to serve the entire Philadelphia area. Thecurrent owner of this endodontics practice has a desire tostep away from the business aspects of the practice inorder to exclusively focus on his passion of patient care. Hehas not only offered to stay on as the primary endodontistfor 2-3 years after the purchase, he has also offered tocarry 10% of the purchase price in order to show good faithin the direction and success of the practice. It is important tonote that you do not need to be a dentist or doctor to ownthis business.Priced at $880,000, all prospective buyers, regardless ofbackground, are welcome to inquire. Just a 10% downpayment of $88,000 returns $115,644 in the first year afterdebt payments—a 131% return on investment! Somegrowth opportunities include the potential to expandreferrals in the Philadelphia suburbs or through newmarketing & business development tactics, as none are inplace at the moment.
|
|
|
|
|
|
Year
Business was Established: 2015 |
|
|
Number of Employees:
8 |
|
|
|
Facilities / Terms of Lease:
2,945 sq ft: with 4 operatories |
|
|
|
Potential
Growth/Expansion:
Patient evaluations,
consultations, and procedural work |
|
|
|
Owner
willing to finance:
10% Buyer Down Payment $88,000 10% Seller Financing $88,000 80% Bank Loan $704,000 |
|
|
|
Owner
willing to train:
2-3 years |
|
|
|
Reason for selling:
Desire to step away from business
aspects of practice and focus exclusively on patient care |
|
|
|
REQUEST MORE INFO |
|
|