Summary: 
30+ New Clients/Mo. in a $94,000 Median Income West Omaha District!
Business Type: 
specialty
Business Type: 
medical
Location: 
Nebraska
Price: 
$880,000
Sales Revenue: 
$636,256
Cash Flow: 
$301,284
Realestate Included: 
No
Employees: 
6
Internal Listing:: 
DEN003
Reason for Sale: 
To take care of ill wife

Description
30+ New Clients/Mo. in a $94,000 Median Income West Omaha District! Situated in a premium Southwest Omaha district that has over 40 retail, service, restaurant, and professional tenants as neighbors, and over 50,000 cars passing by daily, this thriving practice signs up over 30 new clients a month, - and hasn’t had to advertise in over 10 years. With 2,200 active patients and rising, it comes fully equipped encompassing 6 rear delivery operatories, each with a computer and up to date practice software, 3 x-rays, and a panoramic. Measuring a comfortable 4,800 square feet, this lease has 2 offices, a lab, and a spacious and relaxing reception area for guests. To top it off, this healthy business boasts a 47% profit margin and a respectable 94% collection rate. It also has the ability to grow with minimal effort by updating the website, using social media, opening Fridays and weekends, and even advertising. This practice is being offered at a $99,173 discount because the owner needs to be a caregiver for his ill wife.

2014 Gross sales were $636,256 with a 47% profit margin of $301,284. With a 10% down payment 0f $88,000, Buyer will keep$161,199 after expenses and debts paid and will profit 183% of their down payment.

Financial Overview
List Price: $880,000
Gross Sales
2014: $636,256
2013: $620,452
2012: $652,122
Owner Profit/Cash Flow
2014: $301,284
2013: $234,625
2012: $314,602
Sales Trends: Steady high profit margin
Profit Margin: 47%
Multiple: 3.25 *Multiples range from 1-5, with the average being 3
Valuation: 2014 Cash Flow x Multiple = Price
$301,284 x 3.25 = $979,173
Discount of $99,173: Owner needs to be caregiver for wife

Assets Included in Purchase: $249,660
Equipment: 6 rear delivery operatories, 3 x rays, lab, panoramic, updated practice software $249,660
Intangible Assets: 2,200 active clients

Business Information
Year Established:1988 [15 Years in current location]
Location and Service Area: Southwest Omaha, Nebraska
Number of Clients: 2,200 Active patients
Lease: 4800 Square feet
Reason for Selling: To take care of ill wife
Employees: 3 Hygienists, 2 Assistants, 1 Receptionist
Hours: Mon-Thurs 8AM-5PM, Special appointment hours
Seller Training Period: Up to 6 Months
Growth Opportunities: Update website, use social media, open Fridays and weekends, advertise
Current Owner’s Responsibilities: Operate dental practice, manage staff, manage financials

Funding Example
Purchase Price: $880,000
10% Buyer Down Payment: $88,000
10% Seller Financing: $88,000
80% Bank Loan: $704,000

In the 1st year:
NOI: Buyer will keep $161,199 after expenses and debts paid
ROI: Buyer will profit 183% of their down payment

Next Steps
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

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