Growing Family Dentistry Practice in Thriving Atlanta Suburb

Tucker, GA (Dekalb County)

Prosthetic dentistry care

Asking Price:$305,000

Cash Flow:$98,901

Gross Revenue:$438,848

EBITDA:$103,000

FF&E:$65,000

Inventory:$2,000

Established:1997

Growing Family Dentistry Practice in Thriving Atlanta Suburb

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Business Description

Bower’s Dental Center provides family and prosthetic dentistry care to families in the Tucker area including crown, bridge, cosmetic and oral surgery services. The practice is located in a Publix Shopping Center complex with approximately 1625 sq ft of office space with plenty of free parking. The practice has a very up-to-date environment, and the room to grow and expand in size and schedule. It supports a diverse patient population serving a very active and growing area of East Metro Atlanta. The practice has been serviing the Atlanta area for over 19 years at this specific location and is 100% owner owned. With an excellent staff and a great community, this practice is an excellent opportunity for someone looking for their first practice or looking to expand their practice into the East Atlanta area.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in thriving area in full Publix Shopping center. Furnishing and equipment for the office were listed to be valued over $65,000 and includes two operatories/treatment rooms with room for expansion to an additional two (space is plumbed for the two additional seats). Equipment includes a Planmeca Proline EC Digital Pan, Schick Sensor, Dent X 810 Basic Overhaul 2016, Cavitron Jet Plus, Safe Light, Gendex 770 intra oral x-ray machine, Midmark M111 Dental Steam Sterilizering Autoclave, Quala 5002 Ultrasonic Cleaning Units, Buffalo Dental Lab Vibrator, and Red Wing 26a dental lathe. There is no leased equipment. The property is leased by Dr Bowers currently at a rate of $3605/mo.
Competition:
The subject business being valued is an S-Corporation incorporated under the laws of the state of Georgia. This practice is in a great location, with a very up-to-date environment, and has the room to grow and expand in size and schedule. It supports a diverse patient population serving a very active and growing area of East Metro Atlanta. With 28,343 people, Tucker is the 37th most populated city in the state of Georgia out of 624 cities. In 2014, the median household income of Tucker residents was $60,536. The population in this area is averaging a growth rate of 4% per year over the past 15 years. Bower’s Dental Center provides family and prosthetic dentistry care to families in the Tucker area including crown, bridge, cosmetic and oral surgery services. The practice is located in a Publix Shopping Center complex with approximately 1625 sq ft of office space with plenty of free parking. Dr Bowers has been practicing for over 39 years in the Atlanta area with 19 of those years at this specific location and is 100% owner of the practice. With an excellent staff and a great community, this practice is an excellent opportunity for someone looking for their first practice or looking to expand their practice into the East Atlanta area. Approximately 8 patients are seen per day with an average of 24 new patients per month. The practice’s top 3 insurance payers are Delta Dental, MetLife, and United Concordia. There are two hospitals within a 5 mile radius, Sunrise Urgent Care Center and Emory Orthopedics & Spine Hospital. A new assisted living center has recently opened nearby. Currently there are approx. 2000 active patients with 5000 patient files.
Growth & Expansion:
Currently the practice operates on Mon, Tues, and Thurs from 9 AM – 5 PM. The new owner can expand practice days and hours especially extending hours in the afternoons to cover afterschool/business hours as well as early morning options. The practice is near the Atlanta metro area convenient to the perimeter.
Reason for Selling:
Retiring
Business Website:
http://bowersdentalcenter.com/

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Lynn Anderson

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Lynn Anderson

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