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- RE: Large Profitable Dental Lab In Midwest
- Contact: Dr Rob
- License #: IL 310001242
Quick Facts
Asking Price: | $3,799,000 | |
Annual Revenue: | $5,450,000 | |
Net Profit: | $935,000 | |
Cash Flow: | $935,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $804,926 | |
Real Estate: | Not Disclosed | |
Year Established: | 1961 | |
Employees: | 54 | |
BBN Listing #: | 954029 | |
Broker Reference #: | 2024-1 |
Business Overview:
This amazing lab has been in business for over 60 years and is a giant in the Midwest region. It boasts 54 loyal employees including 8 drivers and revenues last year of $5.45 million. This is full service with around 65% of business being removeable. Cash flow is amazing at $935,000 so plenty of profit for the new owner. No marketing outside of a web site and word of mouth. Just hired a salesman so expanding this and adding a presence on social media could provide a huge upside!! Rare opportunity, dental experience as a dentist or lab tech needed. Serious inquiries only.
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Property Features and Assets:
Building with 6,054 square feet for the lab and a partially finished basement of 5,959 square feet. Finished basement area is 2,400 sf while the semi-finished storage area is roughly 3,550 sf. There is an enclosed loading dock with 104 sf. There are also four sheds with exterior access attached to building. The real estate is a separate transaction and is appraised at $890,000, it is also for sale.
Market Competition and Expansion:
Very little competition for this giant. Upside was discussed above, the only marketing now is through word of mouth. The 60 years in business providing excellent work to dentist and patients has made this lab a fierce competitor
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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