OB/GYN Practice with Spa

Houston, TX
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Asking Price:$975,000
Gross Revenue:$1,018,212
EBITDA:$269,063
Established Year:2003
Cash Flow:$269,063
Inventory:$5,886
FF&E:$1,033,229
BUSINESS DESCRIPTION

Excellent Industry Opportunity

This is a profitable 20-year-old full-service OB/GYN Practice with Spa facilities. The current physician-owner started the practice and has grown it into a busy practice with over 4,200 patients. This M.D. treats all patients with the assistance of seven staff members. There is a long-term Practice Manager, two front Medical Assistants, two back Medical Assistants, one Aesthetician, one part-time billing person and one part-time ultrasound employee.

The Practice is currently heavily weighted toward Gynecology treatment. A new owner could very likely grow the Practice exponentially by adding a concentrated focus on Obstetrics. Perhaps additional Physicians as employees or partners could grow the Practice.

The office is fully equipped with modern treatment equipment including Ultrasound, Laser machines, Hydrafacial and Practice Management software. The leased office is 4,400 sq. ft. with rent of $12,560 per month. The Practice currently does sublease out part of the office to another Doctor. The office contains enough space to grow with more Physicians and services if a new owner wished to expand. This Physician is credentialed and associated with Memorial City Hospital in Houston, and the Buyer of the clinic can become accredited with them as well.

The in-office Spa operates on two different monthly membership levels. The membership includes either one or two spa services monthly. The Spa offerings include a variety of services including Botox, Juvederm, SkinCeuticals, Cool Sculpting and many more.

We have confirmed very good terms for a qualified Buyer to obtain SBA financing with small down payment.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
4,400 sq. ft. leased office on busy street.
Financing
Attractive SBA financing available with small down payment.
Support & Training
As needed
Reason for Selling
Retirement
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John
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John Harris