This Dental Lab provides second-to-none service to dental offices in their area. They specialize in crown and bridge restoration, implants, and dentures.
The business currently occupies approximately 8,000 square feet of an 11,000 square foot medical building in a business park environment in Orange County, CA that is owned by the company.
"Over the five years to 2021, industry revenue is forecast to grow at an annualized rate of 2.4% to $5.8 billion. In particular, the burgeoning elderly population will drive demand for dentures, bolstering industry revenue. Furthermore, the industry will benefit from healthcare providers stressing the importance of dental services as a form of preventive health." - IBISWorld, December 2016.
This lab competes locally with several other labs of similar size. One of the goals of the managing partners, however, is to find a buyer that wishes to integrate with some or all of these competing companies to consolidate the market in their region.
All four managing partners are nearing retirement age and looking forward to moving on to enjoying that. Three of the four managing partners are willing to stay with the business for some time to ensure a smooth transition. The fourth partner is in a more consultative role, and is less deeply involved in day-to-day operation of the business.
As mentioned previously, three of the owner/partners are willing to stay with the business for a number of years. As technicians, they apply their advanced skills and expertise to new digital design and fabrication methods. They have been working with CAD/CAM technology for nearly a decade and currently use digital scans to design and develop 90% of their restorations. Daily, they work with all the major materials including e.max, zirconia, PMMA, and metal alloys. They produce restorations to suit every need including veneers, layered and full contour crowns, custom implants, full mouth reconstructions and dentures. They welcome the challenges offered by tough and unusual cases and love to work with meticulous, discerning dentists.