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Asking Price$790,000
Revenue$825,317 Established2008
Cash Flow$532,212 Employees4 full-time
FF&E$323,161* FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This Southwest Nebraska specialized clinic with 64% profit margin supports patients in Nebraska, Kansas and Colorado. The practice started less than 8 years ago and has grown to revenues of $825,317 in 2014. Current patient count is 4,411 with an average of 30-35 patients scheduled per day. The business receives referrals from 15 doctors.

The current Owner has four employees in place – 1 office/front desk and 3 assistants. Owner is the dentist on staff. The 1248 sq. ft. office has 4 operatory rooms and one central play area.

Owner cash flow in 2014 was $540,484 representing 64% of the $825,317 gross sales for that year. The $515,469 in assets included with the business include $270,170 in machinery and equipment, $11,748 in computer equipment, $41,243 in furniture and fixtures, $76,435 in accounts receivable and $115,873 in build-out. Machinery and equipment include 2 BIOLASE turbo lasers and Dexis digital x-ray equipment.

Current Owner will assist with transition and training until Summer 2016 if desired. Office is currently open from 2-5 pm on Mondays and 8am-5pm Tuesday through Thursday, so a new Owner could expand practice hours to increase gross sales.

With a cash flow of $504,854, a new Owner could retain $377,014 in net operating income after debt service and would realize a 477% return on investment on a $79,000 down payment.

Reason for Selling: Moving Out-of-State

Personnel: 1 Office/Front Desk and 3 Assistants

Hours: Mon 2pm to 5pm; Tues-Thurs 8am-5pm

History: 2008

Lease: $2,000/month for 1248 sq. ft.; contains 4 operatory rooms and central play room

Support to Buyer: Until Summer 2016

Additional Information:

Service Area: Patients located in Nebraska, Kansas and Colorado
Practice Focus: Pediatric dentistry; patients aged 0-18 years
Number of Patients: 4411
Average Number of Patients per Day: 30-35
Number of Referring Doctors: 15
Growth Opportunities: Additional office hours
Current Owner’s Responsibilities: Owner/Operator

Financial Overview
Gross Sales
2015: $707,612 annualized
2014: $825,317
2013: $762,619

Owner Profit/Cash Flow
2014: $532,212
2013: $477,495

YOY Growth: Sales grew 8% from 2013 to 2014

Profit Margin: Annual profit margins consistently above 62%

Multiple: 2.45 *Multiples range from 1-5

Valuation: 2 Year Ave. Cash Flow (2013 & 2014) x Multiple = Price
$504,854 x 2.45 = $1,236,892

Discount of 36% due to Seller’s desire to move out of state

Assets Included in Purchase: $515,469
Machinery & Dental Equipment: $270,170 (includes 2 BIOLASE turbo lasers, Dexis digital x-ray equipment)
Computer Equipment: $11,748
Furniture & Fixtures: $41,243
Accounts Receivable: $76,435 (current to 90 days)
Intangible Assets: established repeat client list
Build-out: $115,873

*values may vary

Funding Example
Purchase Price: $790,000
10% Buyer Down Payment: $79,000
15% Seller Financing: $118,500
75% Bank Loan: $592,500

Purchase price has been discounted 36% due to Seller’s desire to move out-of-state.
Facilities:Lease: $2,000/month for 1248 sq. ft.; contains 4 operatory rooms and central play room
Growth Potential:Additional office hours
Training/Support:Until Summer 2016
Seller Financing:15% Seller Financing: $118,500
Sale Reason:Moving Out-of-State
Ad #78622
Seller Reference #DEN006
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Contact This Seller
Cortney Sells
The Firm Business Brokerage
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