Well-established 9-year facial plastic practice in Granbury, TX (with a patient base including a large following of those living in the 76092 area).
Gross collections have consistently been $1,400,000 annually over the past 3 years, with a loyal patient base and an EBITDA of $800,000+. The run rate remains on track for $1.4M in 2024 despite one location versus two locations (Southlake, TX, and Granbury, TX). 90% cosmetic, 65% surgical revenue, and 35% medspa.
There is no board-certified general plastic surgeon in a 45-minute radius of the office, which allows for an immediate increase in body surgical procedures.
Voted Best Medspa in County 2 years in a row (hopefully 3 years in a row come July).
Amazing staff, most at a year plus tenure: full-time office manager, part-time RN/injector/aesthetician, part-time lead aesthetician, full-time medical assistant (who is smarter and stronger than most RNs), part-time surgery facility manager/insurance specialist; part-time CRNA, part-time surgical technician also commission only massage therapist and permanent makeup artist.
The office is set up with EMR with the latest SRM and streamlined processes that allow the team to work well independently without a lot of onsite supervision. Primed to launch a new website within a few weeks.
There is an app-driven membership program for the practice with over 400 members, with approximately 25% of those having active memberships of various levels of 6 -18 mos in duration (i.e., guaranteed future income).
The top 10 SkinCeuticals account in DFW and the top 40 Colorescience accounts in the nation have continued growth.
The surgical facility is a level 3 (soon to be level 4) OBA suite and is undergoing AAAASF accreditation within the next 30-45 days – equipped with a generator that can power the entire building.
Med spa/clinic – 2400 sqft with highway frontage with new roof and newly renovated. The surgical facility is on the same campus – 1600 sq ft and newly renovated.