Featured Business: Connecticut Dentist Practice

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Featured Business: Connecticut Dentist Practice

Welcome to this edition of the SMB Power Play: Highlighting a state-of-the-art Connecticut Dentist Practice that blends traditional dental care with innovative health services. Offering a unique mix of dental treatments and holistic health services, this practice stands out as a leader in the dental health sector, emphasizing patient health and well-being.

TL;DR

• Robust Financial Health: Asking price of $1,349,187 with a Cash Flow of $471,283.

• Unique Services Offered: Wide range of dental services including advanced 3D imaging and holistic health treatments.

• Owner's Support: Current owner willing to mentor the buyer for a smooth transition.

• Operational Efficiency: Doctor and hygienist work three days a week each, optimizing work-life balance.

• SWOT Analysis:

  • Strengths: Comprehensive service range, advanced technological setup, established customer base.

  • Weaknesses: Limited operating days may restrict potential revenue.

  • Opportunities: Expansion potential by increasing operating days and adding two more operatories.

  • Threats: Industry competition and technological advancements.

• Ideal for: Entrepreneurs interested in a balanced lifestyle business with growth potential and a focus on health and wellness.

Financials at a Glance

• Revenue Growth: Impressive Gross Profit of $1,116,350.30 in 2023, showcasing a profitable business model.

• Net Earnings and EBITDA: Clear financial success with a Net Income of $454,518.06 and an EBITDA of $588,375.96, demonstrating strong operational efficiency and profitability.

Operational Insights

• Service Diversity: Offers a comprehensive range of services from basic dental care to specialized treatments, catering to a wide customer base.

• Technology and Infrastructure: Equipped with state-of-the-art dental technology like Vatech Cone Beam, CareStream Scanner, and more, ensuring high-quality patient care.

• Lease and Expansion: Beneficial lease terms with renewal options and space for expansion, providing long-term operational security.

SWOT Analysis

• Strengths: Innovative service offering, advanced technology, established client base, and supportive owner transition.

• Weaknesses: Restricted operating hours and potential underutilization of space.

• Opportunities: Room for expansion and increased operating hours to boost revenue.

• Threats: Continuous technological advancements and competition in the dental sector.

Future Prospects and Strategy

The practice has significant growth potential, especially with the opportunity to increase the number of operating days and to expand the premises. The comprehensive range of services combined with top-notch technology positions this practice for success in the burgeoning health and wellness market.

Power Play:

This edition's Power Play focuses on a unique dental practice offering a blend of traditional and holistic dental services. The practice's commitment to health and well-being, combined with its technological advancements, sets it apart from conventional practices. The opportunity for mentorship by the current owner and the potential for operational expansion make this an enticing proposition for entrepreneurs looking to enter the dental industry with a difference.

This is a good fit for you if…

1. You Seek a Balanced Business: Ideal for those looking for a business that supports work-life balance while providing high income.

2. You Value Health and Wellness: Perfect for entrepreneurs passionate about holistic health and modern dental practices.

3. You Desire Technological Advancement: Suitable for those interested in leveraging state-of-the-art dental technology for superior patient care.

4. You’re Looking for Growth Opportunities: Great for individuals aiming to expand the business by increasing operational days and utilizing additional space.

5. You Want Owner Support: Beneficial for new entrants seeking guidance from an experienced professional in the dental field.

6. You Are Keen on a Turnkey Operation: Ideal for those who prefer a business with established procedures, a solid client base, and a clear financial track record.

In conclusion, this Connecticut Dentist Practice offers a unique blend of professional dental services and holistic health treatments, making it an excellent investment for those dedicated to promoting health and well-being while enjoying a balanced lifestyle.

Interested in this deal?

Contact [email protected] to learn more!