Established Dermatology Practice / Medical Spa

HENRICO, Virginia

Asking Price	$499,000	Year Established	1981
Annual Revenue	$757,692	Reason for Selling	Retirement
Annual P/L	$0	Attention	Steve Zimmerman
Annual Cash Flow	$62,377	Listing Number	594605
# of Employees	9	Business Category	Services: Medical, Dental

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.

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.

Additional Details: