Three Hundred Thous. Profit Dental Practice

Description
30+ Brand-new Clients/Mo. in a $94,000 Median Income West Omaha District! Situated in a premium Southwest Omaha district that has actually over 40 retail, service, restaurant, and professional tenants as neighbors, and over 50,000 cars passing by daily, this thriving practice signs up over 30 Brand-new clients a month, – and hasn’t had to advertise in over 10 years. Along with 2,200 active patients and rising, it comes fully equipped encompassing 6 rear delivery operatories, each Along with a computer and up to date practice software, 3 x-rays, and a panoramic. Measuring a comfortable 4,800 square feet, this lease has actually 2 offices, a lab, and a spacious and relaxing reception area for guests. To top it off, this healthy business boasts a 47% profit margin and a respectable 94% collection rate. It additionally has actually the ability to grow Along with minimal effort by updating the website, using social media, opening Fridays and weekends, and even advertising. This practice is being offered at a $99,173 discount because the owner needs to be a caregiver for his ill wife.

2014 Gross sales were $636,256 Along with a 47% profit margin of $301,284. Along with a 10% down payment 0f $88,000, Buyer will keep$161,199 after expenses and debts paid and will profit 183% of their down payment.

Financial Overview
List Price: $880,000
Gross Sales
2014: $636,256
2013: $620,452
2012: $652,122
Owner Profit/Cash Flow
2014: $301,284
2013: $234,625
2012: $314,602
Sales Trends: Stable high profit margin
Profit Margin: 47%
Multiple: 3.25 *Multiples range from 1-5, Along with the standard being 3
Valuation: 2014 Cash Flow x Multiple = Price
$301,284 x 3.25 = $979,173
Discount of $99,173: Owner needs to be caregiver for wife

Assets Included in Purchase: $249,660
Equipment: 6 rear delivery operatories, 3 x rays, lab, panoramic, updated practice software $249,660
Intangible Assets: 2,200 active clients

Business Information
Year Established:1988 [15 Years in current location]Location and Service Area

Contacts:
Posted by: philco on