Business For Sale

Dental Practice on Eastern Shore - Price Reduced!

Not Disclosed, VA

Asking Price: Annual Revenue:
$150,000 $375,000

Services: Medical, Dental

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RE: Dental Practice on Eastern Shore - Price Reduced! Broker: Gavin Raphael
Owner Financing is Available!

Quick Facts

Asking Price: $150,000
Annual Revenue: $375,000
Net Profit: $135,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $200,000
Year Established: 1993
Employees: 5
BBN Listing #: 590848609
Broker Reference #: Not Disclosed

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Business Overview:

Light & Raphael is pleased to offer for sale a general dental practice near the eastern shore in Virginia. This is a tremendous opportunity for a younger dentist. The current dentist is not accepting new clients as retirement approaches. The practice is closed on Wednesday and Fridays and there are certainly enough existing clients and potential clients to expand the hours and revenues of the practice. It is anticipated that the staff will remain with the business after closing.

Financing possible for a qualified buyer.

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Property Features and Assets:

The land and buildings are also available for sale. The land is assessed at $100,000 and the dental office is assessed by the county at more than $100,000. There is parking available at the facility.

Market Competition and Expansion:

Dental care in the USA is a $100+ billion, non-cyclical market, with strong underlying fundamentals driving continued robust growth. Dental care expenditures reached $122 billion in 2014, representing an annual average growth rate of 5.8% since 1990, despite the impact of two recessions during this time. National dental care expenditures have only experienced one year of negative growth since 1990. Expenditures are expected to expand by 5.7% annually through 2022, reaching $191 billion, as a result of: • Favorable demographic trends • Expansion of dental insurance coverage • Escalating demand for cosmetic and elective dentistry

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is owned.
  • 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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