Dermatology Practice For Sale
Location New York,United States
Asking Price Range $250K - $500K
Gross Revenues $620000
Net Profit / Cash Flow $450000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1976
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description General dermatology practice for sale established 35 years. Located in beautiful Westchester County, north of New York City. Situated in a professional medical building. Practice consisting collecting ~$620,000 annually on only 30 hours per week of medical doctor coverage. Robust net earnings of ~$450,000 annually. Insurance payor mix approximately 50% Medicare, 25% PPO, 15% HMO, 10% cash pay. Most referrals coming from other physicians, patients, directories, and HMO and PPO panels. 3 exam rooms, 1 consultation room, front and back office. Staff consists of office manager, receptionist, and 2 medical assistants. Immense growth potential: currently all MOHS, dermatologic surgery, pathology, patch testing, and cosmetic procedures are referred out. These services could be captured by qualified physician buyer. Seller is able to transition and remain as employee of new buyer for up to two years following practice sale. Up to 100% dermatology loan financing available. Email or contact David Lopez at 310-402-6992.
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