Idaho Plastic Surgery Practice for Sale

 

$2,500,000.00
Asking Price

Description
Prestigious Medical Building located in beautiful Southern Idaho, prime location with established clientele.

Gross Income $2,500,000
Net Income $1,100,000

Established 30 years this high revenue, solo-M.D. practice is the only Plastic Surgery Office in Twin Falls, Idaho. Instant growth opportunity for an in-house surgeon with the high volume of cosmetically conscious patients continuously visiting this office! The location is a single level surgery center/medical office/spa building with single-level entry with a total of 5,186 square feet; approximately 4,316 square feet of office space and 870 square feet of drive through garage area. The building is constructed of masonry brick with pitched roof design. Only a portion of the square feet of highly-upgraded Class A office space is currently being effectively utilized, leaving tremendous growth opportunities to add surgical and additional procedures, fill exam rooms, and maximize the potential major revenue stream of the Quad A certified Ambulatory Surgery Center (ASC).

This modern ground-floor office is comprised of a reception area/waiting room, offices, and large kitchen/break-room. The surgery center is complete with a large operating room, small overhead light procedure room, surgeon wash-up area, 2 bed recovery room, family waiting room, ADA restrooms, consult-room, offices and exam rooms. The ASC also has its own private Emergency Generator that activates within one second of a power loss pursuant to Medicare certification requirements. A convenient back entrance/exit and drive through garage allows patients to be transported in privacy.

The aesthetically pleasing ambiance is the perfect balance of modern design and patient comfort. Patients and the owner can’t say enough about the dependability, teamwork, and expertise with patient care and quality of service provided by the highly skilled staff of 9. Substantial revenue is brought in by services performed by staff, which includes 2 RN’s, 2 estheticians, 2 medical assistants, 2 receptionists and a medical billing/insurance coordinator. The owner works approximately 30 clinical hours per week, and is willing to stay on under new ownership, if desired.

The practice includes approximately 4,500 active patient files: 60% cash pay, 15% Medicare, 25% Commercial Insurance. No Medicaid. Dermatological procedures treat medical conditions such as skin cancer, benign growths, and rashes. Cosmetic procedures include Botox, Dysport, Sculptra, Juvederm, collagen and silicone fillers; laser treatments; hair removal; Trusculpt, PRP, In Mode (Morpheus), face/neck tite, body tite, Lumecca, Fractora, microneedling and Hydrafacial, and a variety of peels.

Facilities:
Location! Location! Location! This practice is strategically positioned in an exclusive, easy to find location near the beautiful canyon rim in Twin Falls, Idaho. The 5,186 square building and office area has been carefully designed for optimal efficiency and the comfort of patients and doctor alike. The surgery center and Med Spa are both fully furnished and optimally equipped. On-site patient parking is plentiful. Suite includes:

* Surgery center with a main operating room, small procedure room recovery room, wash room, waiting room, 3 ADA restrooms
* 3 exam rooms
* Coordinator office
* Product sales area
* Patient staging area
* Kitchen / Break-room
* File room
* Large station for receptionists
* 3 in suite restrooms*2 Spa Rooms with potential for a 3rd
* Gorgeous patient waiting room

Reason for Selling:
Seller is preparing for retirement. An immediate exit or employment for one year will be coordinated with Buyer’s desires.

Support/ Training:
Transition period is negotiable with an emphasis on uninterrupted patient care and maximum retention.

Growth/ Expansion Opportunities for Enhanced Revenue:
This practice has maintained a level revenue stream despite the recession, Tremendous growth opportunities exist! Owner recommendations include:

* Utilize the existing ASC to capacity. Current utilization is far short of its revenue potential, as it is only used approximately 6 hours per day.* Add plastic, occuloplastic, Moh’s, and/or other surgical procedures.
* Bring in additional surgeons, physicians, RN’s, PA’s.
* The existing exam rooms are approximately 60% utilized, and can be utilized to a far greater capacity for enhanced revenue.
* Expand office hours Current Office Hours:
Monday through Thursday 8:00 to 5:00 pm and Friday 8:00 am to 12:00 pm

Financial:

This practice is priced at $2,500,000, below appraisal value. Valuation of practice alone is $1,000,000, which is included in the price.  Third-party appraisal report is available for review by qualified candidates. This opportunity has been reviewed by several SBA and Conventional lenders. Various financing structures may be available. Financing is subject to bank approval.

Inquiries

Please respond via email to: tdcharlton@gmail.com
Call: 208 731 1159 or 208 731 6631