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Dermatology Practice for Sale

Oahu, Hawaii (Honolulu County)

Services - Health, Medical & Dental

Asking Price $450,000 Inventory  
Gross Income $720,000 Real Estate  
Cash Flow Not Disclosed Year Established 1980
FF&E N/A Employees 6

* included in the asking price

** not included in the asking price

Long established Lucrative DERMATOLOGY practice of 27 years ( 12 yrs with current seller) is located in a professional/medical building. This office condo occupies 970 sq ft which also includes (3) exam rooms, reception/waiting area ( seats 10), doctor s office with restroom, and minor surgery room. Seller wants to retire and is asking $450,000 for practice. Condo unit will be sold separately. The gross income in 2007 (9mo) was $720k, in 2006 was $784k, in 2005 was $812k, and in 2004 was $744k. The services rendered are 60% exams, 30% Minor Surgery/procedures, and 10% Cosmetic Surgery which include: Microdermabrasion, Restylane, Sclerotherapy, Botox and Peels. Seller sees 730 patients/mo and 160 are new. The office hours are Monday Thursday 8am-5pm, and Friday 8am-12. Seller hours are Monday Thursday 8am-5pm and some Fridays for cosmetic procedures. There is a full time receptionist, 3 Medical Assts, and a part time biller that work in the practice. The office manager is leaving but will train replacement.

Reason Selling: Seller Retiring

AD # 346792

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