Dental
02/09/2024 | ID: 35349

Bankstown - Sydney 2 Chair Clinic - $800,000+ revenue

Clinic Sale Prospectus Dental Practice Bankstown – Sydney

Overview:
A seasoned general dentist with extensive experience, is selling her highly successful dental clinic located in Bankstown, Sydney. Despite the clinic being relatively new, having been established over the last year plus, it has rapidly gained a strong patient base and achieved impressive financial results.

Clinic Details:
– Location: Bankstown, Sydney
– Facility: Two new dental chairs, an office, a reception area, and an autoclave room.
– Gross Revenue: In excess of $700,000 – $900,000 per year.
– Expenses: The clinic renovation, including the two chairs, cost over $500,000.
– Profit Margins: Estimated at around 70%. 40% dentist + 25-30% practice profit.

Business Performance:
– The clinic offers affordable dental treatment, attracting a large number of new patients and referrals from friends and family.
– Due to its affordability and location, the clinic has been performing exceptionally well, with high patient satisfaction and appreciation.
– The principal dentist can efficiently manage between one room and the other, maximising productivity.

Reason for Sale:
Dr, now in her 60s, is planning for retirement. She is willing to stay on for a transition period of 6 to 12 months to ensure a smooth handover.

Financial Prospects:
– Annual Revenue Potential: $1,000,000
– Estimated Net Income: $650,000 – $750,000 per year, considering the high-profit margin and low overheads.

Investment Summary:
– Asking Price from: $500,000+ (equivalent to the cost of clinic development)
– Return on Investment: High profitability with a substantial take-home income.

Unique Selling Points:
– High Demand: Steady influx of new patients due to affordable fees and quality care. (No marketing yet!)
– Turnkey Operation: Fully equipped with new dental chairs and essential facilities.
– Experienced Owner:  willingness to stay on during the transition period ensures continuity and stability.

Conclusion:
Bankstown clinic presents an excellent investment opportunity for a dentist looking to step into a high-performing practice with strong community ties and impressive financial returns. Given the clinic’s track record and Drs commitment to a smooth transition, the new owner can expect continued success and profitability.

For further details or to arrange a visit, please contact Safa Souzani ( Colleague ) Tel: 0414 76 7741

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