Looking for a buyer.
Under its current ownership since 2015, this Endodontics practice has a 2,945 sq. ft. office space equipped with 4 fully furnished operatories. Having been established over 50 years ago, this business is able to boast not only an excellent staff but also a stable and growing revenue. This Endodontics practice is fully equipped to handle both surgical and non-surgical procedures and thanks to the variety of offered procedures they have developed an extremely diverse patient demographic. 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 on all ages and is equipped with the tools to cast same day fittings for the patient, which in return, provides the customer with a smile that they once lost due to aches and pains. The current owner of this endodontics practice has offered to stay on as the primary endodontist for 2-3 years after the purchase and in order to show good faith in the direction and success of the business the current owner is willing to carry 10% of the purchase price. 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. Priced at $840,000, 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 $84,000 returns $120,681 in the first year after debt payments—a 143% return on investment!

listing type
exclusive representation
industry
Healthcare
location
Philadelphia, Pennsylvania, USA
revenue
$1,451,333
ebitda
$229,121
proposed price
$840,000
owner financing
$84,000
equipment
$136,000
SBA eligibility
yes
collateral
Accounts Receivable
Cashflow
Equipment
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