Maged Zakhary
Newport Beach, CA (USA)
Role(s):
TruDental
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Startup
Location:
Newport Beach
Industry:
Healthcare
Year Founded:
2004
Number Employees:
INVALID
Description:
TruDental offers primary care and specialty care dentistry in one location along with a comprehensive dental plan. Based in the heart of Newport Beach, TruDental is considered to be one of the largest dental practices in Southern California, encompassing over 34 dental treatment rooms, a surgery center, and its own dental laboratory. In its first year of operation TruDental attracted over 3200 new patients including 1500 members paying an average monthly fee of $150.00 per month for the dental plan, and on average an additional $144.00 per month in extra services. This combined total grossed 5 million in annualized revenue, and $750,000 in EBITDA.
TruDental is seeking to expand by adding additional locations and is seeking $15 million in financing. Surety bond /performance guarantees