Salt Lake City Dental Practice

Salt Lake City, UT
Salt Lake County

near downtown


Asking Price: Annual Revenue:
$310,000 $400,827

Services: Medical, Dental


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RE: Salt Lake City Dental Practice Broker: Seller of Business

Quick Facts

Asking Price: $310,000
Annual Revenue: $400,827
Net Profit: $103,234
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $140,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 21264931
Broker Reference #: Not Disclosed

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Business Overview:

This one-dentist practice provides general dental care including endodontics, cosmetic, orthodontics, and more. It is the only office/clinic in its historical neighborhood near downtown Salt Lake City, having recently relocated there from another part of the valley. Patients followed from there, although currently none are from the surrounding (current location) area. The practice currently does limited advertising, so reaching out to their current neighborhood could grow the patient base.
The dental clinic has been recently updated with a contemporary open floor plan, new fixtures, furnishings and dental equipment, including a Pano xray station, and administrative space.
They are only open 4 days/week and the one dentist on staff only works 24-30 hours per week (another dentist comes in if patients need implants.) A new owner/dentist could expand hours and greatly increase income – According to the seller, adding just 6 more hours per week could gross an additional $99,650 or more, per year.
The seller is the office manager/administrator and would be willing to stay in the role post-sale, as would the hygienist and other employee.

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Property Features and Assets:

Approximately 1,206 square feet.

Reason for Selling:

Retirement

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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