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Dental Practice with Real Estate- Great Accounts!

Richmond County, New York

Asking Price: Gross: Cash Flow:
$1,099,000 $249,861 $38,992

Furniture and Fixtures Value:
$154,512 (included in the asking price)

Inventory Value:
$5,000 (included in the asking price)

Real Estate:
$899,000 (included in the asking price)

Business Summary:
The business was started as a partnership in 1984. After his partner decided to retire in 2010 the current owner bought a building and built out the current location which houses the practice today.Situated in a residential community of Staten Island, the dental practice handles all aspects of personalized care for families in the area. Perfect for a young dentist looking to branch out on their own or established Dentist looking for their own building.

 
   
   
Year Business was Established: 1984
   
Number of Employees: 1 FT/3 PT  
   
Facilities / Terms of Lease: The building is in a highly populated, residential community, perfect for building a practice. The location consists of two fully outfitted exam rooms, waiting area, kitchen, office, and one other room and basement for expansion. Lease option as well.  
   
Potential Growth/Expansion: With sales and marketing efforts, this business will grow exponentially. You can easily add more staff to handle patient requests.  
   
Competition: Very mature market so most of the dental practices are well established in the area, including this one. Younger practitioner will do very well with young families in the area. They can build on the existing patients already included in the practice.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owner is ready to retire after 40 years of building a successful dental practice. He will stay on as consultant or in a part time role if necessary.  
 

 

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