Established Medical and Cosmetic Practice

Los Angeles, CA

Seller Financing Available

Located in premier medical                 building
Asking Price:$495,000
Gross Revenue:$450,000
FF&E:$50,000
Cash Flow:$370,000
Rent:$3,550/Month
Established Year:1998
BUSINESS DESCRIPTION

Medical/Cosmetic Practice in Premier Medical Building--REDUCED PRICE

This established practice in West Los Angeles/Brentwood combines an full-service Family Medicine practice with a cosmetic medical practice Both are under the supervision of the physician but the cosmetic practice has separate management and staffing. Thus the cosmetic practice is able to operate even when the physician is not present. This cosmetic practice operates with a split-shift 10 hours per day and 7 days per week.
The medical practice accepts Medicare and all private insurance payments while the cosmetic services are on a cash (including credit cards and checks) basis only. These two separate streams act to maximize income revenues.
The medical practice provides standard family practice care in addition to IV vitamin drips, supplements, herbs and trigger point injections.
The cosmetic programs include laser hair removal, facials, skin tightening, Botox injections, fillers including Restyline.


DETAILED INFORMATION
Location
Los Angeles, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
950
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The office is small but efficient to utilize the space to maximum benefit. Included are all standard medical equipment including EEG. The cosmetic equipment includes several cosmetic lasers, skin tightening and RF equipment.
Competition
This is the only clinic of this type in the West LA area, combining Family medicine with Alternative/complementary medicine and cosmetic treatment programs.
Growth & Expansion
The office is small to keep overhead down but there is room to expand in the building if needed
Support & Training
The physician is able to provide training
Reason for Selling
The doctor is at an age where most of his colleagues have retired.
Report an Issue with this listing
Steven Rosenblatt
Steven Rosenblatt