Turnkey Simple Repair Business – Low Time Investment, Easy to Manage
| Asking Price: | $30,000 |
| Inventory: | $300 |
| FF&E: | $1,000 |
| Gross Revenue: | $16,941 |
| EBITDA: | $13,067 |
| Established Year: | 2020 |
Business Overview:
Are you looking for a profitable side business with minimal time investment and significant growth potential? This turnkey dental handpiece repair service could be the perfect opportunity for you. Currently generating approximately $1,500 in monthly revenue with a remarkable $1,000 in profit, this business requires only about 1 hour of administrative work per week, making it an ideal venture for someone seeking a low-maintenance yet lucrative operation.
Services Provided:
The business specializes in the repair and maintenance of dental handpieces, focusing on replacing simple components and ensuring that the equipment is returned to clients in top working condition. With five active clients and twenty cold clients, there is a solid customer base already in place. The services are straightforward, making this business accessible even to those with minimal technical experience. Additionally, simple training on certain handpieces will be provided to the buyer. For other styles of handpieces, the new owner will have the opportunity to seek additional training, allowing for skill expansion and the potential to offer a wider range of services.
Operations:
The business model is incredibly simple and easy to manage. Most of the work involves picking up handpieces from dental offices, performing the necessary repairs, and then returning the equipment to the clients. The current owner has established a smooth and efficient process that can easily be maintained or expanded upon by the new owner.
Acquiring new customers is a breeze—just drive around town, visit dental offices, and ask for their business. With the dental industry constantly growing and evolving, there’s always a need for reliable handpiece repair services. The business currently operates with minimal overhead, allowing the owner to enjoy a high-profit margin with very little effort.
Growth Potential:
While the business is already profitable and easy to run, there is enormous potential for growth. One of the most exciting opportunities is the expansion into a mail-order business model. By offering repair services to dental offices outside your immediate geographic area, you could exponentially increase the client base and revenue. This transition to a mail-order service could be easily implemented and would allow the business to reach a much broader market, potentially leading to substantial growth in both revenue and profits.
Why This Business?
This dental handpiece repair business is perfect for someone looking to enter the world of entrepreneurship with minimal risk and maximum reward. It offers a steady income stream with a very low time commitment, making it ideal for those who want to start small and scale up as they become more comfortable with the business operations. The simplicity of the work, combined with the ease of acquiring new clients, makes this a great starter business that also has the potential to grow into a much larger enterprise.
Whether you’re looking for a side hustle to supplement your income or a foundation to build a more extensive business, this opportunity provides a strong foundation with plenty of room for expansion. With the dental industry’s continual demand for reliable handpiece repair services, this business is well-positioned for ongoing success and growth.
