Orthodontic Dental Lab & Building
www.GlobalBX.com
Listing ID:
700322357
Listing Title:
Orthodontic Dental Lab & Building
Quick Link:
http://www.globalbx.com/listing.asp?bId=322357
Industry:
Health and Medical
Industry Segment:
Medical and Dental Labs
Country:
United States
State / Province:
New York
Area
New York City Area
City:
New York County
Asking Price Range:
$500K - $1.0M
Gross Revenues:
$1,015,502
Cash Flow:
$295,099
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2008
Number of Employees:
6 - 9
Business Description:
This modern NY based orthodontic lab has been family owned and operated for the past 40 years. They service approx. 250 accounts throughout LI and NYC Metro Area. Their clients include Orthodontists, Pedodontist and General Dentists. Product lines include Traditional Orthodontic Appliances as well as Clear Invisible Retainers, Sports Guards and other niche appliances. In the past three years the business has grossed just over $1 Million in sales per year, with a net cash flow of approx. $300,000.00. In addition to the owners, there are 7 employees (most have been working here for over 8 years). The owners would be willing to sell or lease the building as well. The sale price would be $525K for a stand alone professional building, with its own parking lot. 1,200 sq. ft. space (with full 1,200 sq. ft. basement) zoned as a professional office. If leased, the rent would be $3,250/mth., triple-net with at least a 10 year lease (for a qualified tenant).
The owner is looking to retire, but understands the sensitivity of such a sale and would be willing to stay on for 1 year or longer in a transition phase, if necessary, to help maintain continuity of staff and clients. We are seeking a serious and financially qualified buyer with at least $800K in liquid funds. Proof of funds will be requested prior to any meetings/conference calls. Visits must be scheduled by appointment only. To learn more, please call or email Mel Vaz today at 631-909-1095
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