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Cosmetic Surgery Practice for Sale
PX Type:Cosmetic Surgery
Location:South Central Florida Atlantic Coast
Asking Price:749,900
Contact Broker:Terry Flanagan at (877) 988-0911
Listing Status:For Sale
This cosmetic surgery is located in a professional office building in a downtown type setting. The office consists of 2,500 square feet and offers 12 assigned parking spots. The office lease is set to expire in 2019. The seller believes the landlord is willing to transfer the lease to the new owner of the practice. Current rent is 5,000 per month and includes water, sewer and CAM. An additional 2,500 square feet of built-out space is available for expansion. Four medical centers are located within a 10-mile radius from the practice.

The practice was opened on January 2, 2007 and has been in the current location since opening. The seller is willing to work in the practice for up to one year.

The office consists of a large centralized waiting area with 8 chairs, two private physician’s offices, 2 examination rooms and 2 surgical suites. The surgical suites were re-accredited by AAAHC on August 28, 2016 and are due for re-accreditation on August 27, 2019. Support areas include nurse’s station, lab area, management/bookkeeping and staff lounge. Two lavatories are present. The layout allows for ease of patient flow and efficiency of physician movement.

Patients are seen primarily by appointment with only 10% of the patient visits by walk-in. Average patient appointment length is 15 minutes. Average travel distance for most patients is 10 miles.

Procedures are performed in office surgical suites. Estimated value of the business furniture and fixtures is 32,307. The value of medical equipment is estimated to be 139,288. Lab and office supplies are estimated at 4,000. One equipment lease is expected to be transferred to the buyer. There is a lease for the Thermi RF with a scheduled pay-off date on November 20, 2018. The cost is 1,833.38 per month.

Electronic Health Records (MSPA/Mchart) are in place and the staff are trained on the system. This is a 100% cash practice with no insurance filing.

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