Dermatology Practice For Sale
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $650000
Net Profit / Cash Flow $450000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 1 - 3
Inventory included
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training seller willing to provide training
Reason for Sale eventual retirement
Description Selling Dermatology Practice in Maryland.
Growing well established solo general dermatology practice in a desirable affluent subarb in Maryland, 30 minutes from downtown DC. Great family oriented community with excellent schools.
Net income around $500,000 annually on only 22 hours per week of physician coverage.
Space is leased in a 6 story high mostly medical building, and consists of 3+ exam rooms, lab area, secretarial and waiting area for 12 patients. Abundant parking available.
Staff consists of 3 well trained bilungual friendly, dedicated, loyal, and efficient staff who have been with the practice for several years.
Remarkabable potnetial for exapansion by adding lasers, cosmetic dermatology
Patient base is primarily Medicare (30%), PPO (40%), some HMO (20%), and cash (10%) patients. New patients are 30%.
Turn-key office is complete with equipment, electronic billing with very high collection rate and electronic health records system.
Seller is able to stay on to fcilitate a succesfull transition. Up to 100% dermatology loan financing available.
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