Mentored Business Sales And Acquisitions Phone : 1800 85 ****
Richard Ames
0421 ****

0421 ****


Acquire A Growing Dental Practice - State-Of-The-Art Equipment - Ryde Area

Listing Id : 258320

Location : New South Wales - Ryde Area -Sydney

Category : Dental, Beauty, Service

Asking Price : Offers in the region of $500,000

Business description

This is an excellent opportunity to acquire a young, growing dental practice with state-of-the-art equipment and excellent potential for rapid expansion given the key location.

Location Details

This is a 87 sqm premises situated on the first floor of a modern building, in a small suburban shopping area that has excellent parking.

Potential

There is excellent prospects for future expansion of the customer base given this area is one of Sydneys most rapidly growing, with population growth more than 50% above the national average over the last decade. In addition, the practice benefits from high foot traffic with a neighbouring medical centre and Allied Health in the same building.

Skills

The current owners are highly skilled dental practitioners. Transition period and knowledge transfer will be provided. Potential for one owner to stay on part-time through separate negotiation.

Hours

Monday & Friday**** **** :30am- 4:30pm 
Tuesday & Wednesday 09:00am- 6:00pm 
Thursday 10:00am- 8:00pm
Saturday**** **** :00am- 12:00pm

Lease

Current 5-year lease expires in 2**** **** , additional 2 x 5-year options available.

Employees

2 x Part time Principals/Owners
2 x Part time Associates
2 x Causal dental assistants/ receptionists
 
Reason For Sale

Owners have accepted the desire to devote more time to young family responsibilities rather than investing more time required into growing the practice.

About the Business

With a sleek, clean fit out in neutral colours, the practice benefits from lots of natural light and has a spacious reception area and two good sized treatment rooms with ample storage and sterilisation bay.

Offers excellent prospects for future expansion of the customer base given this area is one of Sydneys most rapidly growing, with population growth more than 50% above the national average over the last decade.

"The Dental Practice" is fully digitalised and has invested in high quality, up-to-date dental equipment and machinery, with the owners spending approx. $600,000+ on the fit out and equipment of the practice to date which is under a 7-year lease with 4 years remaining.

Key facts about this business:

- Newly fitted-out and equipped in 2015 and a fully digitalised practice
- Two treatment rooms with state-of-the-art equipment and machinery including digital and OPG x-rays, sterilisation bay, dental lab and more
- Situated in a local shopping area in a suburban locale, the practice benefits from excellent access for major local roads and plenty of parking
- Family focused dental practice offering a wide range of services
- Equipment/assets valued at circa $500,000+ on 7-year equipment lease with approx. 4 years left to run
- Spacious reception area and two treatment rooms
- Fully lead-lined OPG room and kitchen/staff area
- Sterilisation bay with dental lab
- Private staff toilet and a separate patient toilet.
- Plenty of storage
- Modern, light, bright fit-out in neutral colours
- 3 x secure underground car parking spaces included in the rent
- Excellent foot traffic
- Premises located amongst other retailers in a suburban shopping locale in the Ryde area of Sydney
 
For more information on this opportunity, please contact the undersigned:

Richard Ames
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions 
M: **** ****   T: 1800 858 696 E: rames@mentored.com.au

For more details go to ness and complete our online confidentiality agreement. Use the reference ID 2131492 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business categories: Service, Business, Business for sale, dental, dentist, Ryde, Health, Beauty, medical


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