MEDICAL For Sale in NJ
Financial & Assets Details
About the Business
Professional dental office located in a highly populated urban area of Northern New Jersey, Union County. This operation is presently active two days per week and consist of an absentee owner operator. This dental business has one employee who is unaware of the pending sale and fully expected to remain post-closing with a monthly payroll is approximately $2,000.The practice has an assignable commercial lease which expires 2020-01-01 plus additional options, with a monthly rent of $2,000, cost per square foot is estimated at $21.81 and rent security of approximately $2,000. This successful professional practice is active two days per week, with hours from 9:00 am to 6:00 pm. The 2017 yearly gross income is $142,00 and the business has a yearly net income of approximately $73,727 based on a 3-day work week. This income can substantially increase with expanded hours. This can be a profitable business opportunity and based on the asking price, required down payment and yearly projected net income, this business expects to supply a positive investment return to the owner operator. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this particular business opportunity.
Growth & Expansion
The business presently has a limited marketing plan, no web site and if improved can further develop the business gross sales.
May be available to a qualified buyer.
Competition is not an issue in this industry and to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
This business opportunity is in Northern New Jersey in Union County and conveniently located near various schools and communities. This area consists of a highly populated urban city with continue demand for this professional service. The facility consists of 1,100 square feet with a clean and professional image.
Support & Training
The owner will remain post-closing to supply an appropriate transitional period to the new owner / operator.
Reason for Selling:
The sale is due to the owner is absenteeism.