Dental Practice- Owner works one day/week

Tysons, VA (Fairfax County)

22
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Asking Price: Get Financing: $250,000

Cash Flow: $147,504

Gross Revenue: $218,826

EBITDA: N/A

FF&E: $80,000

Inventory: N/A

Lease Rate: $30 /SF/Year

Established: 2003

Dental Practice- Owner works one day/week

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Business Description

Dentist works oe day per week, this practice was built from scratch in 2003 with nice floor map and design. It has 4 Operatories, Reception area, Lounge, Consulting office, lab/ sterilization area, storage area, and Dental Nitrous Oxide. Current owner works one day/week. The practice utilizes Dentrix software. This is a rare opportunity for a new dentist to work full time and grow this practice to new level.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1200 sq ft of condo located in a nice building with assigned parking. Owner own the condo and willing to provide long term lease with a good term. Practice is surrounded with many high rise residential, commercial, and office building.
Competition:
There are some other dentists in Tyson area but this practice has been there for almost 15 years. Practice has a great potential to grow and just need an energetic owner to take it to new level. The pace of development in Tysons is unprecedented. Since 2014, the Tysons skyline has seen the addition of 10 new buildings, bringing to market over 4.2 million square feet of mixed-use, transit-oriented development. And that’s just the beginning — Fairfax County has approved over 40 million square feet of new development set to break ground in the years to come.
Growth & Expansion:
Practice has a great potential to grow and just needs an energetic owner to take it to new level. Current owner has done almost zero advertising, new dentist can devote more time and expand this practice.
Support & Training:
Current dentist is willing to help new dentist during transition period and few month after closing based on mutually agreed term and 35% of collection.
Reason for Selling:
Owner is retiring and wishes to slow down and enjoy life
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Mike Zarinbaksh, MBA, CBI, M&AMIC

Business Listed By:
(Mike) Majid Zarinbaksh, MBA, CBI

Sunbelt Business Advisors

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