Business Overview

Well-established, all cash, solo cosmetic practice for sale. Practice provides a wide range of cosmetic surgical procedures for breast, face, body, and fat transfer. Additionally, the practice offers nonsurgical procedures including facial treatments, body contouring, laser treatments, and injectables.

The fully-equipped cosmetic practice operates from a modern 2,600 SF facility with an AAAASF accredited state-of-the-art surgical suite and recovery room. The practice is ideally located in the greater Boston metro area and draws patients from eastern Massachusetts and all of New England.

Owner doctor works a 3½ day week and generated $1.905 million in 2019, and $1.43 million in 2020. The revenue dip in 2020 is due to COVID shutdowns. But, practice revenue and volume has returned to pre-COVID levels.

This practice has it all! Top notch reputation. Great location. Fantastic facility and surgical suite. Fully equipped. Strong revenue. Easy work schedule. Wide range of treatments and procedures. Exceptional demographics.

Seller is retiring. But is willing to assist new owner in transition period. This is a great opportunity to own your own practice or to pickup a second location. Step in and take over this

Financial

  • Asking Price: $1,095,000
  • Cash Flow: $650,000
  • Gross Revenue: $3,000,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $200,000
  • Inventory Included: Yes
  • Established: 2005

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:2,600
  • Lot Size:N/A
  • Total Number of Employees:7
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Well-established, all cash, solo cosmetic practice for sale. Practice provides a wide range of cosmetic surgical procedures for breast, face, body, and fat transfer. Additionally, the practice offers nonsurgical procedures including facial treatments, body contouring, laser treatments, and injectables. The fully-equipped cosmetic practice operates from a modern 2,600 SF facility with an AAAASF accredited state-of-the-art surgical suite and recovery room. The practice is ideally located in the greater Boston metro area and draws patients from eastern Massachusetts and all of New England. Owner doctor works a 3½ day week and generated $1.905 million in 2019, and $1.43 million in 2020. The revenue dip in 2020 is due to COVID shutdowns. But, practice revenue and volume has returned to pre-COVID levels. This practice has it all! Top notch reputation. Great location. Fantastic facility and surgical suite. Fully equipped. Strong revenue. Easy work schedule. Wide range of treatments and procedures. Exceptional demographics.

Is Support & Training Included:

Seller is willing to assist new owner in transition period.

Purpose For Selling:

Seller is retiring.

Opportunities and Growth:

This is a great opportunity to own your own practice or to pickup a second location. Step in and take over this

Additional Info

The venture was established in 2005, making the business 17 years old.
The sale will include inventory valued at $200,000, which is included in the requested price.

The company has 7 employees and resides in a building with disclosed square footage of 2,600 sq ft.
The real estate is leased by the business for $6,500 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals decide to sell companies. However, the true factor vs the one they say to you might be 2 entirely different things. As an example, they might say "I have a lot of various obligations" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, current reduction in revenues, or an array of various other reasons. This is why it is extremely important that you not depend completely on a vendor's word, however rather, use the seller's solution together with your overall due diligence. This will paint an extra sensible picture of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans so as to cover things like inventory, payroll, accounts payable, etc. Bear in mind that in some cases this can indicate that revenue margins are too thin. Many businesses fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may additionally be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with vendors that must be fulfilled or might result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in new clients? Often times, companies have repeat clients, which develop the core of their day-to-day profits. Particular elements such as brand-new competitors growing up around the location, roadway building, and also employee turn over can affect repeat customers and negatively influence future incomes. One important thing to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more individuals that see the business regularly, the better the chance to build a returning consumer base. A last thought is the basic location demographics. Is the business placed in a largely populated city, or is it located on the outskirts of town? Exactly how might the neighborhood median family earnings impact future income prospects?