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

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations