Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Dental Laboratory Manufacturer Of Full & Partial Dentures

LISTING DETAILS
Firms For Sale ID:
34283
Vendor reference:
IR014
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£395,000  
Turnover / revenue:
£588,000
Net profit / cashflow:
£225,000
Years established:
30
Number of employees:
11
Employees / staffing:
The two directors work full time in the business. Both are registered Technicians with the General Dental Council (GDC) and work as Technicians in the business. The business employs another 6 Full Time Technicians, 2 Part time Technicians, an Administrator, A Delivery Driver and an Apprentice. Both directors are happy to stay on in the business as employed Technicians.

OTHER DETAILS
Reason for selling:
The vendors feel the business would benefit from a new injection of business acumen and leadership to maximise the many opportunities at its disposal. They have been somewhat reluctant owners to date but would be happy to work in the business as employees moving forward.
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. Both owners are happy to stay on in the business as Technicians should a new owner so require so this should be a relatively simple process.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Dental Laboratory
Manufacturer of Full & Partial Dentures
Ref. IR014
Location : West Midlands
Asking Price : GBP395,000
This very highly regarded and firmly established UK dental laboratory specialises in the manufacture of prosthetic dental appliances specifically full and partial dentures, which are custom made for dentists patients across the UK.
This laboratory has been successfully trading for over 30 years and has built up an exceptional reputation based on very high quality levels of product and service. The company currently serves both the public sector (NHS) and private sector. The majority of current sales are for NHS patients (circa 90%). The business has enjoyed strong growth and very impressive profitability over the years due to its consistent levels of customer service, technical expertise and supply.
The business has circa 100 regular customers within the UK. Customers include large organisations who have multiple dental practices (running into hundreds) right through to independent private dentists and dental surgeons. The business has annual contracts in place with some of its largest clients. Approximately 85% of current customers are located in and around the Midlands region. The large customer base the business has created and retains ensures the laboratory receives consistent levels of business throughout the year, so much so that is does not have the need to undertake any significant sales and marketing activity at present.
The business model is such that it operates with low overheads that enables it to post highly impressive profits year on year.
The business operates from ideal leasehold premises where the dental appliances are manufactured and distributed, either using inhouse delivery vehicles or via couriers and the postal service.