Price
$1,295,000 ONO
Profit *
$325,000
Sales Revenue
$1,310,000
Location
Sydney Region, Sydney
Category
Professional, Dental Services
Listing #
NSW10388
If you are seeking a new business where you can tap into your 'creative side' & would consider being 'hands on' in this dental lab….keep reading! Recession + pandemic proof, this business will be desirable to creative types as well as tech/engineering buffs! Whilst other businesses struggled over COVID, this privately owned business continued to function & as a result, 2021 was one of their 'best ever' years!
Why buy this business?
W/ 5x dental technicians as employees & a prosthetist contracting to the business, the administrators are in place too together with a design student. The owners are overseeing at a high level & gradually reducing the hrs invested daily. There is no need to immediately recruit additional members; everything will keep moving along without any initial changes. If you can add extra hrs as a dental technician or prosthetist, then the income & profit of the business should trend upwards from settlement! As a cash positive business opportunity that may appeal to a range of buyers, this business will continue to be buoyed along by the increasing no# of senior citizens in the nearby community.
W/ many clients referring work to this business, there are no formal contracts in place per se. Some of these clients have been referring clients for 30 yrs since the lab opened. The business managed the challenges of COVID, health being an essential industry. New opportunities have presented themselves as a result and the business is well-placed for future growth. Dental background advantageous (not essential) as would be management experience. Ability to use software & work w/ designing beneficial.
The main unit is owned by the business owners & can be sold; however the preference is to sell the business & offer a long-term lease.
Site visits can take place at a mutually convenient time a/hrs. Long transition options available.
Broker: Sally Stuart
0437 082 045
[email protected]
To complete an online confidentiality agreement visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/listing-enquiry/?listingid=400cee2a-5447-43ac-9dfd-b11796989909
Some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker. Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW10388
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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