Price: $595,000
Location: Union County, New Jersey
Industry: Services
Listing ID: SVS510
Owner retiring, sale or partnership opportunity. Wonderful business opportunity for this long established professional dental practice with a consistent gross yearly income and a dependable net income to the present owner operator. The company is located in a highly populated urban city of Union County, New Jersey. The owner is retiring and is prepared to supply a long-term transitional period and remain at the company on a part time basis or available for a partnership. The company is dedicated to providing excellent oral health as well as a beautiful smile to the patients they service. Their mission is to make the best possible decision for their patients and offer the best quality comprehensive and customized treatment plan. They are committed to providing a soothing and comfortable environment with professional and gentle dental care. They treat every patient with dignity, first-rate care, they understand visiting a dentist can be a stressful experience and their comfortable surroundings and compassionate dental professionals will ease fears.
Listing Details
Revenue: $702,050
Cash Flow: $175,000
FFE: $225,000 (Included in Price)
Inventory: $1,500 (Included in Price)
Form of Ownership:
Corporate
Reason For Sale:
The purpose of this business transaction is due to the owner’s retirement.
Training & Support:
The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator.
Operation
Year Established: 2000
Year of Last Acquisition: 2000
Days & Hours of Operation: This successful dental practice is active 6 days per week, with hours varying from 8:00am-4:00pm, 10:00am-6:00/7:00pm
Owner Hours Per Week: Full Time
Employees: This dental practice consists of eight full part time employees, consisting of an Endodontist, one GP, oral surgeon, and four (4) dental assistants, who are unaware of the pending sale. The payroll is primarily based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is approximately $23,000.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Type of Location: Commercial Avenue
Square Footage: 1.850
Relocatable?: Yes
Facilities Information:
The facility consists of approximately 1,850 square feet, four private offices, plus various work areas and has a modern professional appearance. The business is located in a mid-size commercial building with various other active and successful businesses. This opportunity is in Northern New Jersey, Union County, which consists of various highly populated communities with continued demand for this particular service.