Dermatology Practice
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $475000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1981
Number of Employees 1 - 3
Inventory 100000
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks at 20 hours per week following the close of escrow.
Reason for Sale Retirement.
Description Well established General Dermatology practice for sale, located in Los Angeles serving a largely Korean patient base. Practice is located in office building with several other Physicians, with office space for 2 doctors, exam room used for consultation and procedures, front office and storage in 1,365 square feet and monthly rent of $3,745. The Doctor sees 100 patients a week and has over 15,000 patient records on file. Payer mix includes 70% Medicare and 30% PPO/Private Insurances. Office equipment includes $100,000 Lumines One machine for which buyer needs to assume payment. Annual Receipts are $475,000 with Discretionary Earnings of $250,000. Doctor has been practicing for 28 years and wishes to retire. For more information, please email or call Rashid Khalid or Diane Combes at (818) 342-5222 ext. 324 or 314.
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