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High Revenue Dermatology Practice For Sale
Location: United States -> California -> Los Angeles
Industry: Health and Medical > Medical Practices




Business Summary

Established 21 years ago (7 years in current location), this high revenue, solo-M.D. practice (with collections of $2.5 million annually and annual net profit of $1.1 million) is one of Los Angeles’ oldest and most respected dermatology practices. Dermatological procedures treat medical conditions such as skin cancer, benign growths, and rashes. Cosmetic procedures include Botox, Dysport, Sculptra, Juvederm, Radiesse, collagen and silicone fillers; laser treatments; vein therapy; hair removal; and a variety of peels. Only a portion of the 4,800 square feet of highly-upgraded Class A office space is currently being effectively utilized, leaving tremendous growth opportunities to add surgical and dermatological procedures, fill exam rooms, and maximize the potential major revenue stream of the Medicare and AAAHC certified Ambulatory Surgery Center (ASC). Substantial revenue is brought in by services performed by staff, which includes a certified PA, 1 RN, 2 estheticians, 2 medical assistants, 2 receptionists and a medical billing/insurance coordinator. The owner works approximately 30 clinical hours per week, and is willing to stay on under new ownership, if desired. The practice includes approximately 4,500 active patient files: 60% cash pay, 15% Medicare, 25% PPO. No Medi-Cal or HMO. Email or call Broker for Confidentiality Agreement and Detailed Practice Profile
Nicolette Cox, CPA/Broker (866) 746-0698 ext. 6


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $2,500,000
Cash Flow:   $1,100,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1989
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Extended transition period negotiable.
Reason For Selling:  Planning for retirement.

Photos

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High Revenue Dermatology Practice For Sale Photo 1




Print Listing Id: 700138534
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