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Well Established Dental Practice In Nelspruit, Mpumalanga For Sale

Nelspruit, Mpumalanga, South Africa
Asking Price:
R4,700,000
Sales Revenue:
R3M - R8M
Cash Flow:
R1.5M - R3M

This very well-known, busy and highly profitable general dental practice was established in 1989, and operates out of premises that are very well located in the suburbs of Nelspruit, close to all conveniences.

Fifty percent of the 470 square meter building is presently owned by the seller and there is an option to either buy his fifty percent share or to lease from the present owners.

The surgeries are equipped with modern equipment worth approximately R1,850,000 inclusive of a Sirona Primescan and Epic diode laser.

There are currently about 7500 main member patient files. Patients also travel to the practice from neighbouring Eswatini and Mozambique.

The turnover is nearly R5,000,000 per annum and the practice makes good profits, in excess of R2,000,000 per annum.

This is a unique opportunity for a suitable buyer to acquire this very well established and profitable practice.

The asking price is R4 750 000 excluding VAT. This is exceptionally well priced.

The price for a 50% shareholding in the building is R4,000,000.

Property Information

Real Estate:

Lease

Lease Terms:

To be negotiated with the seller

Leasehold Rent:

R380,000 per annum

Location:

Excellent position with in Nelspruit

Premises Details:

Well suited to the use of a Dental Practice

Business Operation

Reasons for selling:

The current owner wishes to retire

Trading hours:

Mon - Fri

Employees:
2
Years established:
35

Other Information

Support & training:

Seller willing to offer full support and handover

Furniture / Fixtures value:
R3,000,000
Inventory / Stock value:
R300,000
Relocatable:
This business can be relocated.