Indiana Chicago Obgyn Cosmetic Medspa Practice & Building For Sale

Business description

Practice and Building for sale.

Ordinary Revenues/ Income in 2007 was approx $800,000 and 2008 was $ 718,000.
The Net Practice Income in 2007 was $359,400 and in 2008 was $355,700.

Property information

Real Estate:

Real Property Included

Living accommodation:

Suburban Indiana/ adjacent to Chicago, Illinois.

Location:

freee standing building, main street with abundant parking

Premises details:

excellent tradffic visibility and signage
The practice is in a professional facility in a prime free standing self owned location (partnered with another doc) for 30 years with ample free parking space. The usable portion of the facility is approximately 2,641 sf. out of an entire 6109 square feet lot land space. The facility currently has dedicated space for the following;

Clinic lobby, front desk office area, 8 treatment rooms, a dispensary, a receiving room, a lab, kitchen-lunch room, in-house bathroom, back office area, and 2 exits.
An electronic medical record system (EMR) is already in place at the facility.
There is abundant free parking.

Size in square feet:

2,641 s. f out of 6,109 total land square footage.

Other information

Expansion potential:

Outstanding Growth Opportunity: There are numerous opportunities for the practice to significantly increase revenues and profitability, by leveraging the Company’s proven reputation to provide premium patient care, and a new edge of Wellness and Cosmetic improvement on top of the existing female centered health care services. Additional revenue growth service opportunities abound through the expansion of the Cosmetic Rejuvenation services to include Laser Hair Removal, Microdermabrasion, Photo Rejuvenation, Botox injections, Dermal Fillers, LipoDissolve, and other conventional and alternative treatment services. Many of our services are significantly reimbursed in Indiana/ Illinois for many of our services and for some of the recommended growth services mentioned.

There is a huge patient base that is comprised of residents of Chicago, Munster, Lansing and Highland, a 2 state population draw from over 3 million population of which over 1.7 million are females (US Census 2003). A combination of both a suburban middle class and a strong city population creates a Healthcare environment that is highly desired. The states of Indiana and Illinois are but minutes apart.

Planning consent:

The usable portion of the facility is approximately 2,641 sf. out of an entire 6109 square feet lot land space. The facility currently has dedicated space for the following;

Clinic lobby, front desk office area, 8 treatment rooms, a dispensary, a receiving room, a lab, kitchen-lunch room, in-house bathroom, back office area, and 2 exits

Competition / Market:

There are 7 Obstetrical cross over providers in the region providing coverage and 1 weekend for every 7 weeks The owner is on coverage. There are 25 OB-GYN providers between Chicago outskirts to the entire suburban Indiana communites. Ample high end hiospitals including

Support & training:

will train the purchase in the subtle art and skill sets of Cosmetic medical practice if required.

Reasons for selling:

Retiirng and will stay with the practice and the buyer if Buyer requires it.

Financing available:

Yes, with outside Lenders as well as negotiable with the Seller.
Creative finnacing will be develoed with ther right buyer candidate.