Return To Opportunities List

Opportunities

6,000 Active Patients in Dual Dental Offices

CASH FLOW
$58,729

Specifications

  • Price
    $318,000

  • Revenue
    $412,143

  • Location
    Omaha, NE metro

  • Equipment
    $404,000

  • Inventory
    Hygiene and dental supplies

  • Reason for Sale
    Retirement

  • Lease
    Location 1: 2,477 sq. ft.: 7 operatories, large office with personal entry, reception, records room, consultation room, lab, supply room, full basement Location 2: 1,200 sq. ft.: 3 operatories, office, reception, full basement, additional office

  • Employees
    Employees work at both locations. Office Manager (1), Hygienist (1), Assistant (1)

  • Intangible Assets
    Well-respected name in Omaha dentistry, quality customer service, comprehensive services, long history in Omaha

This local family dental practice has been in business for over 40 years and takes great pride in building great relationships with patients and offering quality dental services.   Providing comprehensive restorative dentistry is the focus of the practice and includes services such as root canals, implants, general dentistry, and surgical services.  With one dentist working at both locations, there is much room for growth within this practice.  The practice could sustain two dentists and certainly has the space to accommodate additional dentists as the business grows.  

 

The first location is in a highly desirable area of Omaha.  Within this space are 7 operatories, a reception area, records room, lab, consultation room, and supply room.  A large private office with private entry is a surprising benefit to this space!  This office is currently open from 8-5 Monday through Thursday.  This location is the focus of the practice at this time, but growth can be found in adding a dentist or expanding hours.

 

The second location is in Bellevue.  Equipped with 3 operatories, the office space has room for a 4th, allowing for expansion.  The office is currently open on Friday mornings from 8-12.  Additional growth could be realized with expanded hours and a full-time dentist. 

 

The current owner is the only dentist at this practice.  The staff can run day-to-day operations with little oversight.  There is great opportunity here for someone ready to own their own practice or for a firm to acquire additional practices at a great price!

Business Highlights

  • Year Established: Location 1: 1976; Location 2: 2013
  • Location and Service Area: Omaha, NE metro
  • Number of Patients: 6,000+ active and inactive
  • Services: Comprehensive restorative dentistry, implants, general dentistry, surgery, root canals
  • Building: Location 1: 2,477 sq. ft.: 7 operatories, large office with personal entry, reception, records room, consultation room, lab, supply room, full basement      Location 2: 1,200 sq. ft.: 3 operatories, office, reception, full basement, additional office
  • Reason for Selling: Retirement
  • Employees: Employees work at both locations.   Office Manager (1), Hygienist (1), Assistant (1)
  • Hours: Location 1: M-Th 8-5, Location 2: F 8-12
  • Seller Training Period: 90 days transition
  • Growth Opportunities: Expand hours, add 2-3 dentists, advertise
  • Current Owner’s Responsibilities: Owner/operator

Financial Highlights

  • List Price: $318,000
  • Gross Sales:
    • 2017: $412,143
    • 2016: $486,325
    • 2015: $553,590
  • Cash Flow:
    • 2017: $58,729
    • 2016: $103,540
    • 2015: $119,150
  • Assets Included in Purchase*
    • Equipment: $404,000: CAD/CAM system, ED4, CBCT, dental chairs, dental instruments, other x-ray equipment, dental lab, furniture and fixtures
    • Inventory: Hygiene and dental supplies
    • Intangible Assets:

*amounts may vary

Cash Flow Analysis

Description of Financial StatementTax Return
Location 1
Tax Return
Location 2
Tax Return
Combined
Tax Return
Combined
Tax Return
Location 1
Tax Return
Location 2
Tax Return
Location 1
Notes
2017201720172016201620162015
GROSS SALES$373,816$38,327$412,143$486,325$434,496$51,829$553,590
Net Income Shown on Financial Statement$-5,486$-8,631$-14,117$22,739$25,289$-2,550$51,812
ADDBACKS
Compensation to Owner$0$0$0$38,835$38,835$0$43,146
11% Tax on total W2 Salaries$0$0$0$4,272$4,272$0$4,746
Interest$4,291$0$4,291$4,267$4,267$0$849
Auto-Personal Use$2,346$0$2,346$2,902$2,902$0$3,062
Continuing Education$3,943$0$3,943$5,031$5,031$0$6,033$500 annually ongoing
Amortization$0$354$354$0$0$0$0
Depreciation$62,052$1,527$63,579$21,264$18,673$2,591$7,016Non Cash Item
Rent Location 2$0$-4,235$-4,235$-801$0$-801$4,665Onward going $3,500/month
Rent - Location 1$-527$0$-527$4,515$4,515$0$-2,179Onward going $4,000/month
Meals & Entertainment$3,095$0$3,095$516$516$0$0
TOTAL ADDBACKS$75,200$-2,354$72,846$80,801$79,011$1,790$67,338
Seller's Cash Flow = Total Addbacks + Net Income$69,714$-10,985$58,729$103,540$104,300$-760$119,150
Profit Margin18.65 %-28.66 %14.25 %21.29 %24.00 %-1.47 %21.52 %
  • Cash Flow Analysis includes information for both practices as well as combined numbers.

Services

  • Comprehensive restorative dentistry 
  • Implants 
  • Cleaning and prevention 
  • Surgery 
  • Root canals 
  • Cosmetic dentistry 
  • Periodontal disease treatment 
  • Pediatric dentistry

Employees

  • Employees work at both locations.  
    • Office Manager (1)
    • Hygienist (1)
    • Assistant (1)

Growth Opportunities

  • Expand hours at both locations 
  • Add 2-3 dentists 
  • Advertise

Valuation Details

The Firm Business Brokerage used a Percentage of Income Valuation methodology to determine the purchase price of this business.

The formula used is as follows:

Income            x          Prescribed Multiple     =          Fair Market Value

For this business, the 2017 Income was used.  The prescribed multiplier is 80%.  With this information, the computation is as follows:

$412,143         x          .80       =          $329,714

The Fair Market Value found above positions the business List Price at $319,000.

Attachments

Document Title / Description

This folder is empty.

Access to this Deal Room is restricted

Would you like to access the deal room?

Yes, please

Interested in
this business?

Complete the following information to sign an NDA and see more details!

Already have an account? Log in here.

Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

Thinking of Selling?
The top 5 questions to ask any potential broker:


The Firm Business Brokerage is not a real estate brokerage and therefore the staff will not handle any aspect of the lease, sale or purchase of real estate.