For Sale: Plastic Surgery Practice – Twin
Falls, Idaho
Description
Prestigious Medical Building located in
beautiful Southern Idaho, prime location with established clientele.
Gross Income $2,500,000
Established 30 year plastic surgery practice, this high revenue, solo-M.D. practice is the
only full service 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 B 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. Full range of plastic and cosmetic surgeries. In office dermatological procedures treat
medical conditions such as skin cancer, benign growths, and rashes. Other 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! Surgeries are currently booked out four months in advance.
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, which equals the real estate appraisal value. Valuation of
practice alone is $1,000,000, which is included in the price. Owner is asking for real estate sale
only. All equipment and furnishings are
included in the sale. 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.