SOLD: World-Renown Plastic Surgery Practice #052902
About The Opportunity
- Established in San Diego since 1976, this highly successful practice is one of the most respected plastic surgery centers in San Diego.
- Focusing primarily on cosmetic procedures or aesthetic surgeries with robust, loyal and affluent clientele accustomed to paying higher rates.
- High client return rate, consistent referrals and an excellent reputation, which even extends internationally.
- Tenured and high-caliber staff operating out of modern facility inclusive of two fully-equipped operating rooms.
- Seller is looking to retire and will train to ensure transition of clientele.
- Gross sales of $2M (3-yr avg) with Seller Discretionary Earnings of $870k (3-yr avg).
- In same location since 1981, practice operates out of 3,560 AAASF accredited facility, which includes two fully-equipped operating rooms, top equipment and well-thought-out design/layout. Lease expires Feb 2023 with one 2-year option.
- Seller states build-out of surgery center with same caliber would cost approx $800K-$1M.
- Approximately $100k FF&E and $6k Inventory included in sale. Seller financing available.
- Practice has grown organically through reputation and customer referrals. 65% of revenue is from customer referrals. National average for repeat/return procedures per patient is 3.82, and the average for this practice is 8.54.
- View listing video – https://goexio.com/plastic-surgery-practice
Other Important Information
Over the years, the Physician/Owner has carefully and intentionally cultivated a team mentality among his employees. This team mentality, coupled with an emphasis on thorough training, has created a solid foundation for the practice’s success that is likely to persist with new owner.
Approximately 15 staff members, which includes two anesthesiologists and a very qualified aesthetician. Everyone is trained to perform multiple positions ensuring they are prepared for any situation. Staff members are also oriented on procedure protocols, so they can keep patients as informed and relaxed as possible throughout the process.
By The Numbers
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