Thriving Dental Lab Business

Saint Petersburg, FL
EXTERIOR OF PLAZA
Asking Price:$525,000
Gross Revenue:$632,829
Rent:$2,311/Month
Established Year:2011
Cash Flow:$245,532
Inventory:$2,500
FF&E:$200,000
BUSINESS DESCRIPTION

Introduction:
Welcome to the opportunity of a lifetime! We present to you a well-established and thriving dental lab business located in the heart of beautiful St. Petersburg, Florida. With its roots dating back to 1979 in Chicago, Illinois, this independently owned and operated dental lab expanded its horizons and opened a second location in sunny St. Petersburg 12 years ago. Now, this successful venture is seeking a new owner to continue its legacy of excellence.

Location:
Nestled in the vibrant city of St. Petersburg, this dental lab enjoys the benefits of a prime location. Situated in a bustling commercial area, it's easily accessible, making it convenient for both clients and employees. The area is known for its thriving healthcare industry, ensuring a steady flow of business. With just three years left on the lease and an option to renew, this location offers stability and growth potential.

Legacy and Reputation:
This dental lab has been a trusted name in the industry for over four decades. Founded on a strong commitment to quality and customer satisfaction, it has earned an impeccable reputation among dental professionals. Many of the current clients have been loyal patrons for years, highlighting the trust and reliability the business has garnered over time.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,700
Lease Expiration
01/05/2025
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
The current economic climate and healthcare trends underline the stability of this industry. Dental health remains a priority for individuals and communities, driving the need for dental labs that can deliver top-notch services. With a well-established reputation, loyal client base, and prime location, this business is well-positioned to capitalize on these favorable market conditions, making it a lucrative investment opportunity for discerning entrepreneurs and investors alike.
Growth & Expansion
While this dental lab has a rich history, it also offers exciting growth prospects. The healthcare industry is ever-evolving, and there is an increasing demand for dental services. With the right vision and innovation, you can take this business to new heights. The loyal client base, coupled with the prime location, sets the stage for expansion and increased profitability.
Financing
SBA 7A ELIGIBLE.
Support & Training
Concerned about the learning curve? Rest assured! The current owners are dedicated to aiding your seamless transition for up to six months. This invaluable period allows you to grasp the business intricacies, harness the expertise of the existing team, and confidently carry forward the legacy of success.
Reason for Selling
Sellers would like to retire.
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Michael
Nunnery
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Michael Nunnery