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Quick Facts
Asking Price: | $270,000 | |
Annual Revenue: | $193,203 | |
Net Profit: | $13 | |
Cash Flow: | $13,325 | |
Total Debt: | Not Disclosed | |
FF&E: | 100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2013 | |
Employees: | 3 | |
BBN Listing #: | 30224929 | |
Broker Reference #: | ROBDENT |
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Business Overview:
This Pasadena Area dental practice is available for sale with the current selling doctor of dental surgery (DDS) willing to remain aboard to continue to see clients and work for a new owner operator. The venue, which is located in a city adjacent to Pasadena, is available for sale for $800,000.
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Property Features and Assets:
The 1,300 square foot owner-operated facility has historically leased by a seller related entity for $2,500 - $4,167 per month ($30,000 - $50,000/year). The premise boasts a prominent high visibility corner location in a neighborhood setting with plentiful street parking. All of the practice’s furniture, fixtures, equipment (with an estimated $100,000 value) and goodwill will be included in the sale.
Market Competition and Expansion:
Competition in this Pasadena adjacent city is considered to be medium. The practice does, however, have a growing recurring client base that management may build from. New operators may capitalize on this practice’s attractive location, build-out and current client base to grow its client census. Management may consider neighborhood outreach to introduce the offering and highlight its new management. They may also contemplate engaging in a number of industry specific marketing programs, service additions and other potential avenues for growth.
Reason for Selling:
Retirement.
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