This amazing full service dental lab has been in business for over 60 years. It is asset rich and boasts gross revenues of $5,450,000! Cash flow is an average of $930,000 also! It has 54 loyal employees and an owner that will stay on for a seamless transition. Serious inquiries only, must have dental experience.
- Asking Price:
- $3,799,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $5,450,000
- Cash Flow:
- $935,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Negotiable
- Leasehold Rent:
-
$93,000 per annum
- Living Accommodation:
-
None
- Location:
-
Midwest
- Premises Details:
-
Building with 6,054 sf for the lab and a partially finished basement of 5,959 sf. Finished basement is 2,400 sf while semi-finished storage area is 3,550 sf. There is an enclosed loading dock and four sheds attached to bldg.
- Size in square feet:
- 12,000
Business Operation
- Expansion Potential:
-
Huge, they just now hired a first salesman and have Never used social media. These two areas can be expanded for a large upside
- Competition / Market:
-
Very little and the long history of high quality work through word of mouth makes this lab an overwhelming competitor.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday to Friday from 7 am to 5 pm
- Employees:
- 54
- Years established:
- 1961
Other Information
- Support & training:
-
One of two owners would stay on for up to two years to work, train and mentor the new owner. Some dental experience is highly desirable
- Furniture / Fixtures value:
- $804,926 - included in the asking price
- Inventory / Stock value:
- $167,000 - included in the asking price
