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Florida rejuvenation practice with 6 locations

Florida, Florida

Asking Price: $13,000,000.00   FF&E: Not Provided
Gross Income: Not Provided Inventory: Not Provided
Cash Flow: Not Provided Real Estate: Not Provided
Employees: 100 Year Established: 1999
For Sale: Florida Rejuvenation Practice. Founded in 2007 and over the last 11 years, the practice has grown to 6 locations at a rate of 25-30% year after year. This Rejuvenation business is an Integrative Cash Pay Medical Practice that focuses on the 4 main pillars of business Weight Loss & Dietary Lifestyle / Hormone Therapy / Sexual Health / non-invasive Aesthetics Services to help patients improve quality of life and defy the natural aging process. This well-established practice offers an integrative approach to medical wellness and weight loss with strategies that include bio-identical hormone replacement therapy, medically supervised weight loss programs, nutrition plans, and exercise. The medical staff offers personalized care and attention to detail necessary to help the patient achieve results. Florida Rejuvenation has six locations and a seventh location is scheduled to open in June 2019. Each location offers extended hours. This practice is a 100% cash pay practice and currently has about 38,000 patients on file. About 95% of patients are seen on a walking basis. New patients derive primarily from advertising (75%), about 20% of new patients derive from patient referrals and about 5% from professional referrals. All practice services are performed in-house under the direction of a doctor. The bulk of the practice’s revenue comes from Cash Paying clients. Gross Revenues have steadily grown year after year, going from $2911468 in 2016 to more than $13,500000 in 2019 with Discretionary Earnings of $1405273 in 2019 and anticipating gross revenue of $19,800,000 by 2023. Due to increasing demand, they are adding ortho and stem cell procedures which will add substantial growth to the bottom line. Priced to sell at $13M. For details email info@DoctorsBroker.com or call (877)955-4447

Facilities:

For Sale: Florida Rejuvenation Practice. Founded in 2007 and over the last 11 years, the practice has grown to 6 locations at a rate of 25-30% year after year. This Rejuvenation business is an Integrative Cash Pay Medical Practice that focuses on the 4 main pillars of business Weight Loss & Dietary Lifestyle / Hormone Therapy / Sexual Health / non-invasive Aesthetics Services to help patients improve quality of life and defy the natural aging process. This well-established practice offers an integrative approach to medical wellness and weight loss with strategies that include bio-identical hormone replacement therapy, medically supervised weight loss programs, nutrition plans, and exercise. The medical staff offers personalized care and attention to detail necessary to help the patient achieve results. Florida Rejuvenation has six locations and a seventh location is scheduled to open in June 2019. Each location offers extended hours. This practice is a 100% cash pay practice and currently has about 38,000 patients on file. About 95% of patients are seen on a walking basis. New patients derive primarily from advertising (75%), about 20% of new patients derive from patient referrals and about 5% from professional referrals. All practice services are performed in-house under the direction of a doctor. The bulk of the practice’s revenue comes from Cash Paying clients. Gross Revenues have steadily grown year after year, going from $2911468 in 2016 to more than $13,500000 in 2019 with Discretionary Earnings of $1405273 in 2019 and anticipating gross revenue of $19,800,000 by 2023. Due to increasing demand, they are adding ortho and stem cell procedures which will add substantial growth to the bottom line. Priced to sell at $13M. For details email info@DoctorsBroker.com or call (877)955-4447

Financing:

yes

Reason Selling:

Retirement
 
Listing Broker:
David Owji
Doctors Broker, LLC
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