Looking for a buyer.
The current owner of this endodontics practice has offered to stay on as the primary endodontist for 2-3 years after purchase. With a staff consisting of 3 assistants, 2 front office staff members, and 2.5 DDS working with 4 operatories, they are built to serve the entire Philadelphia area. This staff is equipped to handle both pre- and post-procedure root canal work. Having been established over 50 years ago, this business is able to boast not only an excellent staff and 4 operatories, but also a stable and growing revenue. Thanks to their variety of offered procedures, including newly developed technologies, this practice is able to handle both surgical and non-surgical procedures and has an extremely diverse patient demographic. This includes servicing patients of all ages and they are so well-known that they even have patients that come from Europe specifically to visit this practice. Under its current ownership since 2015, this practice has a 2,945 sq. ft. office space. Assets included in the space are 4 operatories along with microscopes and CPCT 3-D imaging machines. The current owner has a desire to step away from the business aspects of the practice in order to exclusively focus on their passion of patient care and plan on staying with the business for 2-3 years as the primary endodontist. Thanks to this transition period, all prospective buyers regardless of background are welcome to inquire as the current owner is willing to do what is needed to ensure a smooth transaction. This includes offering 10% seller financing or equity roll in order to show good faith in the direction and success of the business after purchase. Priced at $910,000, this practice has a great deal of growth opportunities, including an expansion of operations out into the Philadelphia suburbs as well as an increase of online presence and an increase in marketing in general. Just a 10% down payment of $91,000 returns $111,654 in the first year after debt payments—a 122% return on investment!

listing type
exclusive representation
industry
Healthcare
location
Philadelphia, PA, USA
revenue
$1,451,333
ebitda
$229,121
proposed price
$910,000
owner financing
$91,000
equipment
$136,000
collateral
Equipment
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