Location:
NY
Industry:
Medical/Healthcare Practice,
Dermatology Practice
Listing ID: 1295
View One Page Summary
UNDER LOI – JAN. 2023
This flourishing Dermatology Practice was founded over 20 years ago with a core mission of providing the highest quality dermatological care on Long Island.
The Practice provides a range of dermatologic services that include cancer screenings, the diagnosis and treatment of skin conditions, and cosmetic lasers and procedures.
The Practice intends to increase patient volume, net revenue, and EBITDA over a two-year period post-transaction. Fore-casted Net Revenue of $3,380,705 and Pro-forma EBITDA of $1,837,248 will be accomplished by utilizing four additional exam rooms that are not currently in use; performing additional procedures not currently done by the practice; and increasing marketing and advertising expenses.
The seller seeks to transition the business to a new buyer / partner who can help the practice grow. They are willing to stay on post-close for up to three years at terms to be mutually negotiated.
All potential buyers are required to sign a nondisclosure and must provide proof of financial viability.
Listing Details
Revenue: $1,448,873
EBITDA: $684,986
Real Estate: (Not Included in Price)
Reason For Sale:
The seller seeks to transition the business to a new buyer / partner who can help the practice grow.
Training & Support:
They are willing to stay on post-close for up to three years at terms to be mutually negotiated.
Operation
