Profitable Dermatology Practice in Missouri

Not Disclosed, MO

Asking Price: Annual Revenue:
$1,295,000 $1,698,302

Services: Medical, Dental

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RE: Profitable Dermatology Practice in Missouri Broker: Thomas Foster

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $1,698,302
Net Profit: Not Disclosed
Cash Flow: $293,781
Total Debt: Not Disclosed
FF&E: $93,341
Real Estate: Not Disclosed
Year Established: 2011
Employees: 19
BBN Listing #: 29184955
Broker Reference #: 6001-14932

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Business Overview:

Founded over 8 years ago, this dermatology practice practices comprehensive medical and cosmetic dermatology for both adults and children in the state of Missouri. In addition, they offer numerous skin care products for all ages. The staff is highly trained with long standing service and committed to the well being of their clients.

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Property Features and Assets:

The practice is located in a leased facility in a growing area of Missouri. Assets= $98,266

Market Competition and Expansion:

The dermatology industry is estimated to be currently around $13 billion in revenue. With an aging boomer population that represents over 42% of current dermatology patients (and growing) the industry will continue to grow. In 2019, there will be over 54 million Americans over 65. With less than 15,000 dermatology doctor practicing currently, the demand for services per practice will continue to grow, as will the profit margins. A doctor working full time, 5 days a week would expect the revenues to grow by 25% from the current base in the first year of new ownership. Additional strategies such as new marketing, new services, new products could all add to continued revenue upside and easily make this a $3 million revenue practice in two years.

Reason for Selling:

The doctor would like to retire.

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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