Company Overview
American HealthCare Capital is pleased to introduce an opportunity to invest in a unique, virtual, and highly scalable dental software training platform where dentists can learn and place dental implants in life-like jawbone models. Training programs can be accessed via the internet from a variety of devices such as smartphones, tablets, connected TVs, and computers. These courses can be attended in groups, and a dentist can train their entire surgical team.
The dental implant training program helps dentists to increase their skill sets, gain necessary surgical confidence, and most importantly, avoid expensive training and eliminate the cost of travel and practice downtime since the courses can be taken from anywhere at any time. The cost of training and production downtime is a major problem for larger DSOs with dental team members, and this software company is especially attractive to larger dental employers.
The Company currently works with a few dental implant companies where the courses are promoted to their customers. The Company anticipates that every dental implant manufacturer will want to offer virtual training courses to their dentists over the next two years.
Financial Overview
The Company revenues are steadily increasing year after year. In 2022, they grossed almost $31,000, and they expect to gross $500,000 in 2023 due to a major DSO contract. As a highly scalable software company, the company enjoys an approximately 85% profit margin on a net adjusted basis.
Asking Price
The asking price for this dental implant software training program is $4 million plus an earnout, excluding any cash and accounts receivable. The current founders are open to selling the majority equity position to a strategic partner while remaining in their current roles and expanding the Company. Therefore, they will consider all appropriate types of deal structures.
