Annual Revenue: $2,404,000
Net Cash Flow: $784,693
Location: Philadelphia, Pennsylvania
This dental staffing company, with its long-standing history, proprietary software, and growth potential was launched over 25 years ago in Pennsylvania by the present owner and has generated an impressive $1.8 million in revenue between January and September 2023.
While 99% of their customer base is concentrated in Pennsylvania and New Jersey, they previously had clients in New York pre-COVID-19. The company serves a diverse customer base, including dental offices, encompassing both private and public facilities, University clinics, and non-profit facilities with dental clinics on their premises. The owner has built and maintained a reliable customer base through referrals and word of mouth. Notably, the largest customer accounts for 13% of the company’s revenue.
The company is operated by a dynamic team with a strong blend of skills and experience. The team is comprised of five full-time employees, including the owner, and two part-time staff. Key members bring expertise in dental hygiene, IT infrastructure, software development, system administration, government relations, finance, and legal matters.
The company possesses a significant competitive advantage in the form of proprietary software specifically tailored for the dental staffing business. This unique software sets it apart from competitors.
The opportunity to solicit business in other states from their existing nationwide customer base and to diversify into different markets such as nursing, pharmacy, and various other medical technician fields presents a significant avenue for growth and expansion. The company already has a well-established staffing workflow framework in place, to facilitate a smooth expansion and access to a comprehensive list of licenses, enabling immediate marketing to both customers and temporary staff.