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Asking Price
$635,000
Turnkey, fully-staffed cosmetic surgery practice
Over $500k in SDE
Asking Price:
$635,000
Cash Flow:
$594,835
Listing No:
2107663
Gross Revenue:
$1,729,356
FF&E:
$376,755
Base Rent:
$6,235 per Month
Year Established:
1995
Inventory:
$50,000
Turnkey, fully-staffed cosmetic surgery practice - over $500k in SDE
This is an opportunity to own a well-regarded and state-of-the-art cosmetic surgery practice in Modesto, California. The practice has earned a reputation as a premier destination for cosmetics in California’s Northern San Joaquin Valley and provides high-quality cosmetic surgical procedures to patients.
In addition to offering a wide range of surgical procedures, the practice also provides an array of non-surgical treatments such as injectables, laser treatments, and skin rejuvenation services, performed by aestheticians who use the latest techniques and technologies to achieve optimal results. The practice also provides hair restoration services and includes an ENT practice.
The nurses and staff are well-trained and experienced, most having been with the practice for 15 years.
The Practice averaged $1,729,356 in revenue over the past 3 years, 2020-2022. The weighted-average Seller’s Discretionary Earnings (SDE) was $594,835 over the same period.
Business Details
Location: Modesto, CA
Employees: 8
Real Estate: Leased
Building SF: 2,653
Lease Expires: 6/12/24
Home Based: No
Reason for Selling: Retirement.
Furniture, Fixtures & Equipment (FF&E): Included in asking price.
Facilities: The practice is located in a centrally-located, attractive medical office park and has a first-floor entrance that makes it easy to access. It has a relaxing, spa-like waiting room and an AAAHC-accredited surgical suite.
Competition:
Growth & Expansion:
Financing: Seller financing for a portion of the purchase price is available for well-qualified.
Support & Training: Doctor will stay on as long as needed to transition the business. He is open to assisting a surgeon-buyer transition or partnering with an investor and staying on for a number of years.