Established Dermatology Practice / Medical Spa

Not Disclosed, VA

Central Virginia


Asking Price: Annual Revenue:
$525,000 $825,333

Services: Medical, Dental


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RE: Established Dermatology Practice / Medical Spa Broker: Steve Zimmerman

Quick Facts

Asking Price: $525,000
Annual Revenue: $825,333
Net Profit: Not Disclosed
Cash Flow: $178,108
Total Debt: Not Disclosed
FF&E: $112,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 9
BBN Listing #: 86496351
Broker Reference #: Derm1

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Business Overview:

This is an excellent opportunity to acquire an established Dermatology practice.

Located in central Virginia, this full-service Dermatology practice is well known for years of personalized attention and professional care provided to its patients. With almost four decades in business, the professional and loyal staff is focused on providing the highest-level care that addresses a wide range of skin care options. Some of the many services provided include treatment for acne, basal and squamous cell carcinoma, growths, and annual skin cancer screenings. Over the years this business has built up a sizable and dedicated clientele by catering to each patient’s unique needs.

The dermatology practice is complemented by an on-site, full-service Medi Spa that offers complete services for the skin, hair, and nails. They specialize in cosmetic facial enhancement that produces a more youthful appearance. All services pay the utmost attention to each patients’ unique needs and expectations as the staff strives to achieve those goals.

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Property Features and Assets:

This business operates in a 6263 square foot commercial facility in Central Virginia that includes reception/waiting room, exam/treatment rooms, and shared as well as private office spaces. Ample parking is available around the building. The facility has easy access to local thoroughfares and major interstate highways Additional square footage is available to accommodate continued growth and expansion.

Market Competition and Expansion:

The Dermatology market is fragmented, with many large and medium-sized players accounting for the majority of the revenue. Dermatology is one of the most competitive specialties in medicine. With its expansive scope, dermatologists are able to treat a wide variety of medical conditions and diseases. The foundation of dermatology is still helping people with medical skin problems, from psoriasis to skin cancer. With an aging population that is more health-conscious than previous generations, the expertise that dermatologists have will be more and more in demand in the coming years. Adding to this, there is increasing social pressure to maintain a youthful appearance, leading to a rapid rate of growth in the facial aesthetics sector of the market.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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