MergerPlace

Profitable Dermatology Practice

Missouri


  • Asking Price: $1,295,000
  • Gross Income: $1,698,302
  • Cash Flow: $293,781
  • Real Estate: Not Disclosed
  • Inventory: $4,925
  • FF&E: $93,341
  • Listing ID: #213844
  • Established: 2011
  • Employees: 18 FT / 1 PT

Business Description

Founded over 8 years ago, this dermatology practice practices comprehensive medical and cosmetic dermatology for both adults and children in the state of Missouri. In addition, they offer numerous skin care products for all ages. The staff is highly trained with long standing service and committed to the well being of their clients.


Business Details

Primary Business Category: Services - Professional, Scientific and Technical
Location: Missouri

Company Information

Year Established: 2011
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 18 FT / 1 PT

Financial Information

Asking Price: $1,295,000
Gross Revenue: $1,698,302
Cash Flow: $293,781
FF&E: $93,341
Inventory: $4,925
Seller Financing Available: No

Property Information

Facilities:

The practice is located in a leased facility in a growing area of Missouri.

Growth & expansion opportunities:

A doctor working full time, 5 days a week would expect the revenues to grow by 25% from the current base in the first year of new ownership. Additional strategies such as new marketing, new services, new products could all add to continued revenue upside and easily make this a $3 million revenue practice in two years.

Competition:

The dermatology industry is estimated to be currently around $13 billion in revenue. With an aging boomer population that represents over 42% of current dermatology patients (and growing) the industry will continue to grow. In 2019, there will be over 54 million Americans over 65. With less than 15,000 dermatology doctor practicing currently, the demand for services per practice will continue to grow, as will the profit margins.

Reason for selling:

The doctor would like to retire from an active practice.

Support & Training:

Will train for 2 weeks @ no cost Each of the staff is licensed as required for their responsibilities, General Medical dermatology services for adults and children including skin cancer screenings, acne, rashes and more. Cosmetic dermatology procedures and products are offered as well.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Thomas Foster

Murphy Business Brokers