MergerPlace

Sioux Falls Dental Practice

South Dakota (Minnehaha)


  • Asking Price: $250,000
  • Gross Income: $608,606
  • Cash Flow: $174,784
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $35,000
  • Listing ID: #202814
  • Established: 1967
  • Employees: 4 FT/3 PT

Business Description

Seeking a dentist to take over this longtime, profitable practice. After being in business for nearly 50 years, this practice is looking for a new dentist to continue serving existing and new clients. This is the perfect situation for a young dentist beginning their career, or an established practice looking to gain market share along with many long-time, loyal patients. This practice office pushes nearly $200,000 to the bottom line with the owner only working part-time.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: South Dakota
County: Minnehaha

Company Information

Year Established: 1967
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 4 FT/3 PT

Financial Information

Asking Price: $250,000
Gross Revenue: $608,606
Cash Flow: $174,784
FF&E: $35,000
Seller Financing Available: No

Property Information

Facilities:

The building is owned by the current dentist and could be purchased or leased by the new dentist. The building is nearly 5000 sq ft split evenly between the main and lower levels. There is sufficient space to grow the practice. Currently, there are five dental exam rooms, but only three are being used. The building was remodeled in 2002 and there is ample parking.

Growth & expansion opportunities:

The office is located in a large mid-western town with a steady economy and consistently positive population growth. By working full-time, increasing marketing & advertising and bringing on a larger team, this practice has the potential for very positive growth.

Competition:

There is very little competition in the area. This mainstay attracts customers because of the location and convenience.

Reason for selling:

The owner would like to retire and work with a new dentist throughout a transition period to transfer the business and patients smoothly.

Support & Training:

Will train for 2 weeks @ no cost. General dentistry. There are very few delinquent accounts.

Contact Business Seller

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Business Listed By:

Josh Grode Wolters

Murphy Business Brokers