Business For Sale

Dental Practice - Owner Retiring, Low Price

Houston, TX
Harris County


Asking Price: Annual Revenue:
$300,000 $569,067

Services: Medical, Dental


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RE: Dental Practice - Owner Retiring, Low Price Broker: Austin Zhao

Quick Facts

Asking Price: $300,000
Annual Revenue: $569,067
Net Profit: Not Disclosed
Cash Flow: $390,092
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 3
BBN Listing #: 538144107
Broker Reference #: 76931-51694

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Business Overview:

Established and profitable dental practice with 3,000 active patients and 10,000 total patients is located in one of the USA’s fastest growing communities, the new Chinatown in Southwestern Houston. Currently seeing 10-15 patients per day. 80% PPO insurance, 20% cash; 70% - 80% Chinese patients. The owner is retiring, a great opportunity for a dentist wanting to relocate to the new Chinatown area or starting a new practice.

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Property Features and Assets:

Established in 1999, 16 years.

Market Competition and Expansion:

The Seller’s Discretionary Earnings is about $390,000, but the asking price is only $300,000, much lower than its market value because the owner wants to retire this fall. The owner would agree to stay for a reasonable transition period. Equipment valued at approximately $20,000 and inventory of approximately $5,000 are included in the sales price. Leasehold improvements valued at approximately $150,000 will be to the benefit of the buyer. Potential Growth Excellent! Located in a fast growing community.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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