Nationwide Dental Recruiting Business

Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Nationwide Dental Recruiting Business


Asking Price$1,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This national search firm is highly focused on recruiting and placing general dentists,
dental specialists, and hygienists. It has been in business for almost four years (formed May 2019). Its concentration on this highly lucrative professional dentistry segment with growing and demanding needs has enabled its success and significant potential. It offers an unparalleled opportunity to enter dentistry recruitment with contracted and active clients nationwide and with a robust database including more than 8000 providers, developed over 4 years. Today it averages over 100 openings, and the needs are growing. It has established client relationships and is a trusted recruiting partner resulting in repeat revenue. The business was developed with creativity and a targeted path. It now continues its third year of operation with highly valued loyal clients and the ability to identify, analyze and serve their needs with the right candidates without undue delay.

The business serves DSO’s (Dental Service Organizations), dental groups, community health centers and private practices. Its strength comes from its partnership with clients working as if client practices and needs are their own. Their client’s success is viewed as their own success. `Their growth and growth potential of the firm is because of its coordination and collaboration with its clients along with the application of the highest professional standards. They are viewed as an extension of their client’s staff. They aim to provide large agency results combined with boutique-style customer service. Their exclusive focus on dentistry recruitment allows them to offer unmatched expertise and guidance to clients specific to current trends and standards within dentistry. They strive to always exceed client expectations.

The firm offers a contingent, flat fee structure with no surprises or additional costs. They recruit hygienists, general dentists, and specialists, including periodontists, prosthodontists, orthodontists, endodontists, oral surgeons, and more who are seeking permanent full-time or part-time positions. Unlike the general Healthcare staffing and recruiting businesses, dentistry recruitment is a far less saturated market and major market share gains are possible at this point of time.

The 2022 revenue was $171,000 with an EBITDA of approximately $143k. The average invoice was $14,636 in that year. It has invested heavily to obtain a dental industry directory that includes over 1,700 dental groups and more than 8500 key contacts. Today the firm’s open contract value alone is approximately $1.3 million using the average invoice from 2020-2022. In addition, it employs a proven business model coupled with a reputation and relationships that are exceptional, enabling repeat revenue and referrals. As a result, today the business is poised for substantial growth in revenue and net income with minimal risk and with a profit margin that should continue to remain higher than most companies.

Most importantly, the industry’s needs are both significant and clearly evident:

According to industry data, Federal regulations stipulate that, to be considered as having a shortage of providers, an area must have a population-to-provider ratio of a certain threshold. For dental care, the population to provider ratio must be at least 5,000 to 1 (4,000 to 1 if there are unusually high needs in the community). Today the dentistry shortages are significant. The United States needs 10,716 More Dentists to Cover Shortage Areas. There are 6,486 dental care health professional shortage areas (HPSAs) in the United States and its territories, according to the Health Resources and Services Administration (HRSA).

The business owner will stay with the firm, if desired, to help the new owner to understand the business needs and transition it properly for as much as one year.
About the Business
Currently Home Based
Yes
Facilities & Assets
Interestingly this business with its contracted clients and its professional database can be run virtually with limited staff and expenses.
Listing Info
ID
2380441
Listing Views
164

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Business Listed by: Raymond Saleeby Executive Business Brokers

Listing ID: 2380441 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.