Profitable, Established Orthodontics Practice

Washington, DC (District of Columbia County)

Profitable, Established Orthodontics Practice
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Asking Price: $589,000

Cash Flow: $281,000

Gross Revenue: $634,000

EBITDA: N/A

FF&E: $226,000

Inventory: $20,000*

Rent: $90,000 /Month

Established: 2014

*not included in asking price.

Profitable, Established Orthodontics Practice

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Business Description

Highest and Best offer will be accepted by the end of September 2019. Here is a great opportunity to own a very successful Orthodontics Practice located in N.W Washington DC in an affluent part of DC known as Golden Triangle. The practice was established in 2014 and is in a mid-rise office building home to other medical offices. The elevator comes directly to the practice and the office comes with 2 parking spaces.
Contact Kian Veissy at 301-956-6004 or kian@comcast.net for more details and other practices. Will offer referral fee and 50% Coop fee.

Detailed Information

Location:
Washington, DC
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,554
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The practice has 2,554 SF. Space offers contemporary design and very attractive furnishing and interior with the state of art equipment. There is a reception area, Dr.’s private office, work area, lab, kitchenette, 4 operatories in the open bay, separated with partitions, and 3 private Rooms ready for offering other practices, patient's bathroom, conference room. The practice space well-kept and updated frequently. All equipment like new and well-maintained including X ray machine (Panoramic and CEPH, Digital). Nitrous Oxide lines have been set up for possible future use as part of original build out.
Competition:
The practice is well situated in a affluent part of N.W. DC. However there are other practices nearby.
Growth & Expansion:
practices nearby. Seller has reduced hours of practice due to retirement and personal reasons. New owner can increase the hours to improve revenue. There are also 2 ready rooms that could be utilized for more services or to be rented out to generate more revenue. ample growth opportunities.
Support & Training:
As Needed
Reason for Selling:
Retirement
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Kian Veissy

Business Listed By:
Kian Veissy

Mike Saedlo Group, LLC

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Sponsoring Broker:
Mike Saedlo

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