Business Overview

This well-established gynecological practice provides comprehensive holistic women’s care and encompasses a full range of services and procedures designed to help women of all ages experience their very best life. Utilizing the Mona Lisa Touch, a revolutionary new vaginal rejuvenation procedure that can treat vaginal atrophy and its many symptoms, this non-surgical procedure can treat a range of symptoms. For many women who prefer to avoid the use of hormone therapy to minimize breast cancer and other risks, this therapy offers a very viable option.

In addition to the medical and surgical practice, there is a boutique medical practice and spa that provides expert aesthetic evaluation and treatment options for adults seeking to feel and look their best. The practice’s approach to aesthetic treatment is conservative with the goal of ensuring that clients have a more youthful, natural appearance. Services include body contouring, injectable skin treatments, laser skin rejuvenation, laser hair removal, and traditional aesthetic services. This business enjoys recurring income and an established clientele.

Financial

  • Asking Price: $225,000
  • Cash Flow: $141,416
  • Gross Revenue: $896,294
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1992

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:3,000
  • Lot Size:N/A
  • Total Number of Employees:5
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The beautifully appointed facility shares a common lobby and check in desk. Patients are then directed to one side for clinical/gynecological services, and another side for Med Spa services. This efficient layout includes two spacious exam rooms and a procedure room for clinical services, room for weight loss patients, a physician office, an office for the nurse practitioner, two large procedure rooms for cosmetic procedures, nurse’s station, break room, bathrooms, and lab. Ample storage space is currently utilized for supplies, disposables, and display cases for the various physician directed weight loss and other products.

Is Support & Training Included:

The Seller desires to retire but would be available to assist in a smooth transition to maintain the client base.

Purpose For Selling:

Preparing for retirement.

Opportunities and Growth:

Increase business hours, implement a marketing plan, expand services and enhance retail.

Additional Info

The company was founded in 1992, making the business 30 years old.

The company has 5 employees and is located in a building with disclosed square footage of 3,000 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell companies. Nevertheless, the true reason vs the one they tell you may be 2 completely different things. As an example, they may claim "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these might just be justifications to attempt to conceal the reality of changing demographics, increased competition, current decrease in profits, or a variety of various other reasons. This is why it is extremely essential that you not count completely on a seller's word, however instead, make use of the seller's solution in conjunction with your overall due diligence. This will paint a much more sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses take out loans with the purpose of covering points such as inventory, payroll, accounts payable, etc. Remember that occasionally this can indicate that revenue margins are too tight. Lots of organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with suppliers that should be fulfilled or might result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the location draw in brand-new customers? Many times, companies have repeat customers, which create the core of their day-to-day profits. Specific variables such as brand-new competitors sprouting up around the area, road building and construction, as well as employee turn over can impact repeat consumers and also adversely impact future profits. One essential thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the better the possibility to develop a returning customer base. A last idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it situated on the outside border of town? Exactly how might the local mean household income effect future income potential?