Cosmetic and Reconstructive Surgery Practice for Sale

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Extremely successful cosmetic and reconstructive surgery practice for sale in highly trafficked area of North Utah! Established in 1998, this well-established and highly reputable practice is equipped with three examination rooms including a surgical room. This space is in a physician office building that connects to the hospital. This state-of-the-art practice is also equipped with a motorized chair with special lighting and floors for aesthetician procedures.

The total active patient count over the last eighteen months is an impressive 6,144 and the practice averages 29 new patients per month. The patient base is 63% fee for service, 23% PPO, and 13% Medicare.

This practice is known for its highly attentive and long tenured staff who offer exceptional care to patients as well as exceptional job performances. The landlord for the building offers leasehold improvements and is known to be accommodating. Following the sale of the practice, the selling doctor is willing to work back for several months to help facilitate the transition.

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PRACTICE HISTORY

Year Practice Was Established in Current Area: 1998
Year Practice Was Established in Current Location: 1998
Seller Purchased Practice: No
Has There Been Partner in the Practice the Past Three Years: No
Has There Been an Associate in the Practice the Past Three Years: No
Average Number of Days Doctors Work per Week: 5

PATIENT BASE

Approximate total active patients: 6144 (past 18 months)
Average number of new patients per month: 29
Approximate percentage of practice income breakdown:
FFS and Cash: 63%
PPO: 23%
Medicaid: 1%
Medicare: 13%

LEASE INFORMATION

Monthly Lease Rate: $3,613

COLLECTIONS

Gross Annual Collections for 2018: $1,265,954
Gross Annual Collections for 2017: $967,059
Gross Annual Collections for 2016: $1,048,187

FACILITY

Total Number of Exam Rooms: 3
Facility Expandable: No
Practice Shares Space with Another Practice: No
Facility is Owned by Seller: No
Facility is Available for Purchase: No
Total Procedure Rooms: 1

EQUIPMENTS

Practice Software: Management Plus
Level of Computerization: Each Operatory & Front Desk
EHR System? Yes