Price
$1,388,500 $Neg
Profit *
$450,800
Sales Revenue
$1,408,398
Location
Sydney Region, Sydney
Category
Professional, Dental Services
Listing #
NSW11632
Make an offer on this denture business run under management + becoming increasingly profitable!
Recession + pandemic proof, this business is desirable to creative types as well as tech/engineering buffs + remote managers!
If you are seeking a business where you can tap into your 'creative side' & would consider being 'hands on' in this dental lab….keep reading! Or not … there is a whole team there who can do all of this work for you & you can run it under management!
Why buy this business?
W/ 4x dental technicians as employees & 2x prosthetists contracting their services; one of which also works as the lab manager + is a ceramist, plus an administrator and another being recruiter currently; the owners are overseeing at a high level (1-2 hrs/wk) & 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.
Whilst many dental clients refer work to this business, there are no formal contracts in place per se. Some of these clients have been referring work 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, but again not essential.
Site visits can take place at a mutually convenient time a/hrs.
Weekends and after hrs week nights both OK!
Broker: Sally Stuart
0437 082 045
[email protected]
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 inquiries in order to verify the information provided.
Ref: NSW11632
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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