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Fri, Jan 27 2023 05:35:59 AM  |  /

Well Established and Profitable Dental Laboratory

Business Id:000784     |    Reference: CP051
Leasehold Price:
£650,000.00
Business Description

Business Profile:

The company was originally founded in 1995 to provide dental laboratory services to NHS and private dentists in the South of England.

 

The business specialises in the manufacture of durable dentures, crowns, bridges and dental braces.

 

The business is well structured with an excellent and consistent trading history and repeat client base showing continuous profit. 

 

The owners have been running the company from their laboratory based in East Sussex which is fully equipped with the latest dental equipment and work stations for the current technicians with room for expansion.

 

There are 14 members of staff employed across the business.

 

The business is well established, profitable and has enormous potential to grow further.

 

Clients:

The business has a large and loyal client base ranging from NHS Dentists to specialist Private Dentists

 

Technology:

All necessary equipment is in place required to run a successful digital and traditional dental laboratory. A full inventory of equipment is available to all genuinely interested parties.

 

Key Strengths:

With many years of experience in the business, the owners take pride in the reputation it has established, placing it above much of the competition and gaining plenty of referral work by word of mouth. 

 

The business is sited prominently and is well appointed, offering a welcoming and professional environment for dentists to discuss their needs.

 

The business has a comprehensive portfolio of equipment to ensure smooth running of a fast paced dental laboratory.

 

Growth and Expansion:

The business would benefit from a website and greater online presence and there is also the ability to commercialise a number of dental products online as well as add additional dental work types to increase revenue.

 

Advertising:

The business engages in local press advertising & social media but has profited mainly from strong word of mouth referrals and recommendations.

 

Further business could be generated by a clear social media campaign with a range of SEO and PPC advertising.

 

Employees:

The business is supported by 14 full time staff including:

 

2 Directors

10 GDC Registered Dental Technicians

2 Assistant Dental Technicians

 

Business Hours:

Monday to Friday: 8:00am – 5:00pm

Saturday & Sunday: Closed

 

Premises:

The business operates from prominent and well accessed premises. There are various options regarding either a long lease or freehold of the property by separate negotiation.

 

Full details available.

 

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

 

The business has achieved a history of excellent turnover and profits consistently over 5 years.

 

Turnover to 31st August 2021 £866,030 p.a.

Gross profit circa £735,100 p.a.

Net profit circa £289,559 p.a.

 

The Asking Price of £650,000 is for 100% of the issued capital of the company (calculated on a zero cash-zero debt basis). Net assets are in addition to the asking price and are estimated at £308,000. A complete asset list is available.

 

Reason for Sale:

This is a retirement sale.

 

Support and Training:

The existing directors and shareholders will provide full support and training to any purchaser.

 
Business Information
Turnover:£866,000.00 Annually
Profit:£289,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Manufacturing businesses, Medical / Health businesses, Other Service Businesses
Statistic Information
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Business Profile
Equipment: na
Key strengths: na
Key Opportunities: na
Financial performance: na
Asking Price: na
Advertising and Marketing: na
Growth and Expansion: na
Premises: na
Business Hours: na
Employees: na
Support and Training: na

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