Dermatology Practice. 50% margins. Affluent area.
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This listing is: Off Market
Background
| BizEx ID: | BizEx1441-SL |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Health, Medical & Dental Consumer Services (B2C) |
| Years in Business: | 35 |
| Under Present Owner: | all |
| Hours of Operation: | 25 |
| Owner Hours: | 20 to 25 hours |
| Training: | 8 weeks @ 4 to 5 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | April 1st 2025 |
| Lease Options: | Extension available |
| Building Size: | Commercial 3-Story |
| Employees: | 4 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $4,800,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,407,468 |
| Discretionary Cash Flow: | $1,598,350 |
| FF&E: | $45,000 |
| Inventory Included? | No |
| Inventory: | $50,000 |
| Min. Operating Capital: | |
| Real Estate Available? | No |
| Rent: | $5,870 |
| Payroll: | $141,333 |
| Financing: | SBA |
| 2023 | 2022 | 2021 | |
|---|---|---|---|
| Gross Sales | $ 2,407,468 | $ 2,230,206 | $ 2,116,892 |
| Gross Profit | $ 1,958,770 | $ 1,829,511 | $ 1,734,252 |
| Disc. Earnings | $ 1,598,350 | $ 1,494,490 | $ 1,433,674 |
