Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Dental Laboratory. Manufacturer Of Dental Appliances

LISTING DETAILS
Firms For Sale ID:
34298
Vendor reference:
IR013
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£240,000  
Turnover / revenue:
£236,000
Net profit / cashflow:
£167,000
Years established:
25
Employees / staffing:
The two directors work full time in the business. Both are registered technicians with the General Dental Council (GDC). The business does not employ any other staff.

OTHER DETAILS
Reason for selling:
The vendors are planning their exit strategy due to impending retirement.
Support and training:
The current owners will provide all necessary training and handover to ensure a smooth transfer of the business to the new owner. One/both directors may also be prepared to stay on for a further period should a new owner so require, subject to negotiation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Dental Laboratory.
Manufacturer Of Dental Appliances
Specialising in Custom Crowns/Bridges and Implants
Ref.IR013
Location East Midlands
Asking Price GBP 240,000
Leasehold/Relocatable
This very highly regarded and firmly established UK dental laboratory specialises in the manufacture of dental appliances specifically Crowns/Bridges and Implant Crowns/Bridges, which are custom made for dentists patients.

The laboratory has been successfully trading for over 25 years and has built up a sterling reputation based on very high quality levels of product and service. The company currently serves the private sector and has enjoyed steady growth and very impressive profitability over the years due to its consistent levels of customer service, technical expertise and supply.

The business has around 30 regular customers within the UK who value its superior service levels and also ensures the laboratory receives a large amount of business throughout the year, so much so that is does not undertake any significant sales and marketing activity.

The business model is such that it operates with low overheads which enables it to post highly impressive profits year on year.

The business currently runs from ideal leasehold premises where the dental appliances are manufactured and distributed. The business could easily be relocated with minimum disruption, should a new owner so require.

Market / Competition / Non-Competition Agreements
The business historically does very little in the way of marketing and gets most of its work via referrals, recommendations and repeat business. It would certainly benefit from getting an online presence and marketing itself more proactively.