Lucrative Dermatology Practice For Sale
Location Hawaii,United States
Asking Price Range $250K - $500K
Gross Revenues $720000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1980
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Training available.
Reason for Sale Seller would like to retire.
Description Lucrative DERMATOLOGY practice of 27 years ( 12 1/2 yrs with current seller) is located in a professional/medical building. This office condo occupies 970 sq ft including (3) exam rooms, reception/waiting area ( seats 10), doctor's office with restroom, and minor surgery room. Seller retiring; asking $450,000 for the practice. The Condo unit will be sold separately. The gross income in 2007 (9mo) was $720k, in 2006 was $784k. Services rendered are 60% exams, 30% Minor Surgery/procedures, and 10% Cosmetic Surgery which include: Microdermabrasion, Restylane, Sclerotherapy, Botox and Peels. Seller sees 730 patients/mo; 160 are new. There is a full time receptionist, 3 Medical Assts, and a part time biller that work in the practice. The office manager is leaving but will train replacement.
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