Space to grow 25% or more at current location!

Philadelphia, PA
Philadelphia County

Endodontics Practice with 4 Operatories


Asking Price: Annual Revenue:
$910,000 $1,451,000

Services: Medical, Dental


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RE: Space to grow 25% or more at current location! Broker: Cortney Sells
Owner Financing is Available!
10%

Quick Facts

Asking Price: $910,000
Annual Revenue: $1,451,000
Net Profit: Not Disclosed
Cash Flow: $229,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 50+ years in business
Employees: 8
BBN Listing #: 828934398
Broker Reference #: MED021

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Business Overview:

TEC Endodontics has 4 operatories and has space to grow 25% or more at the current location! The practice has a staff of 8 with Full Time and Part Time associates who do both pre-procedure and procedural root canal work. Patients who come in for an appointment have an evaluation/consultation where the associate determines the procedure to be done—this practice does both surgical and non-surgical procedures. Many of these procedures utilize newly developed technologies, while a unique procedure that was co-developed by an associate sees patients coming in from Europe to see them! The patient demographic range is significant, and the practice serves all ages. In striving for the best in quality patient care, this practice has set itself up as the biggest in the area.

Under its current ownership since 2015, this practice has a 2,945 square feet office space at $7,700/month. Assets included in the space are 4 operatories along with microscopes and CPCT 3-D imaging machines. The current owner has a desire to step away from the business aspects of the practice in order to exclusively focus on their passion of patient care. They welcome all prospective buyers regardless of background and would stay on as long as needed to ensure that a smooth transition takes place.

Priced at $910,000, this practice has a great deal of growth opportunities, including an expansion of operations out into the Philadelphia suburbs as well as an increase of online presence and general marketing! Just a 10% down payment of $91,000 returns $728,000 in the first year after debt payments—a 122.7% return on investment!

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Market Competition and Expansion:

Expanding operations out into the Philadelphia suburbs.

Reason for Selling:

Step away from business and back to patient care.

Additional Details:

  • The property is owned.
  • The owner is not 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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