Business Summary:
This practice specializes in Craniofacial care for clients with TMJ, sleep apnea, migraines, and headaches. Craniofacialcare is the specialized care of pain and sleep disorders specific to the neck and above. You do not need to be a DDS or MD to own this business. To ensure a smooth transition of ownership and continuity of operations, the current owner is willing to provide training and support for a period of one to two years. They have also expressed their willingness to extend this period if the new owner requires further assistance. The seller is approaching retirement age which has prompted the decision to sell the business. This presents an opportunity for a new owner to take over and continue providing specialized care to patients in need. The current owner completes 20hours per week - aiding in the lab and assessing patients. The client base consists of professional referrals from referring physicians, dentists, and physical therapists or chiropractors. The Breakdown of services is as follows: 50% craniofacial pain, 30% dental sleep medicine, 20% dental facial orthopedics & orthodontics. The team consists of 1 FT receptionist who handles administrative tasks and manages patient appointments, 2 dental assistants who assist in providing care to patients and 1 FT lab technician. The business operates from a spacious 2,100 square feet facilitywith 4 treatment rooms, a reception area, 2 offices, a break room, lab, and utility room. Included in the purchase price is $185,000 worth of instruments, supplies and furnishings. Located in Lincoln, Nebraska this center has been providing comprehensive services for craniofacial pain since 2011.Priced at $440,000, with a 10% down payment of $44,000 a buyer can expect a return of $67,021 in the first year after debt payments. This opportunity presents a relatively high margin with a low multiple of 3.35 and due to the assets valued at $185,000, the bank loan is over 50% collateralized! There are several growth opportunities that can be explored. One potential avenue for expansion is to introduce cosmetic dental services, catering to clients seeking aesthetic improvements. Additionally, expanding into cosmetic injectables such as Botox!
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