Listing ID : 427069
Listed On January 17, 2024 734
Listing Updated January 17, 2024
Asking Price: $500,000
Cash Flow: $1,039,213
Gross Revenue: $1,685,032
FF&E: $372,000
Base Rent: $6,000
Year Established: 1992
Business Description
DC Area Plastic Surgery Practice – $1M+ Cash Flow
This is an incredible opportunity to own the premier destination in cosmetics in the DC metro area. This highly respected cosmetic surgery practice has earned 425 5-star reviews.
The practice offers state-of-the-art surgical and non-surgical treatments in a gorgeous, sleek, modern office setting.
The practice serves wealthy and upper-middle-class patients in one of the richest zip codes in the country. The community is a great place to live – upscale, near DC but not in the bustle, great schools.
And the financial performance is excellent, with $1.69M in revenue and $1.04M in cash flow for 2022, representing 62% cash flow.
Detailed Information
Location: Loudoun County, VA
Real Estate: Leased
Building SF: 2,600
Employees: 6
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities:
Facilities The 2,600 sq. ft. modern office space greets clients with a sleek and welcoming appearance and thoughtful layout. There is a large operating room for oral and local sedation. The office includes two aesthetician rooms, a kitchen, an in-office bathroom and easy access to more in the hallway outside. Expansion potential in the building. Assets The sale includes top-of-the-line technologies, office furniture, and fixtures. Notable pieces are the Picosure laser, Revlite laser, Cynosure laser, and a fully equipped OR with cautery, and more.
Competition:
Market For a practice like this one, located in an affluent urban area, the market is phenomenal, particularly given an aging population, a positive perception of cosmetic surgery, and less invasive procedures. Competition The competitive atmosphere in the practice’s community is friendly because there is more than enough volume. In fact, the local plastic surgeons cross-cover for each other’s vacations etc.
Growth & Expansion:
With a loyal patient base and a strong online presence, the practice is well-positioned for continued growth and success. Growth opportunities include expanding aesthetician hours, promoting Picosure laser treatments, and adding new services like Brazilian butt lifts.
Financing: Seller financing available to well-qualified buyers depending on purchase price.
Support & Training: The selling surgeon will assist in the transition.
Reason for Selling: Retirement and relocation
Contact Listing Owner
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