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Maryland Business For Sale |
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| ENDOCRINOLOGY MEDICAL PRACTICE |
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| Attn: Jeff Hammond |
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| Montgomery County, MD, USA |
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| Asking Price: |
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$350,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Medical, Dental, Assisted Living |
| Reason for Selling: |
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Physician is reducing size of practice |
| Year Established: |
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1975 |
| # of Employees: |
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4 |
| Yearly Cash Flow: |
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$318,300 |
| Yearly Gross Income: |
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$573,000 |
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Business for Sale Overview:
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This successful Endocrinology Practice is located in Oxon Hill, Maryland, a suburb of Washington, DC. It was founded in 1975 by a physician who has specialized in the practice of endocrinology. He is a member of the Endocrine Society and of AACE, The American Association of Clinical Endocrinologists. He is a Fellow of the American College of Physicians. He has a specialty board certification in internal medicine and specializes in the practice of endocrinology, diabetes and metabolism. He has received training at Wayne State University Hospitals in Detroit, Michigan, the Veterans Affairs Medical Center in Washington, DC, the George Washington Hospital, Washington, DC and Bon Secours Hospital, Baltimore, Maryland. The practice focuses on the care of problems relating to the hormone producing glands including diabetes, disorders of the thyroid, parathyroid, pituitary, adrenal glands, and gonads, menopause and osteoporosis. The practice accepts patients using various types of insurance, Medicare and Medicaid. The office hours are 8:30 am to 4:30 pm Monday through Friday. This turn-key offering includes a well appointed office, loyal clientele, an excellent support staff and appropriate equipment. It has all of the elements in place for immediate access to positive cash flow and viable future growth.
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Property Features and Assets:
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1,660 square feet of well appointed space is centrally located in Oxon Hill, Maryland, a suburb of Washington, DC. The office has a reception lounge, staff work stations, two offices, a lab, two restroom and three exam rooms. |
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Market Competition and Expansion:
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This Endocrinology Practice is over 30 years old and is well positioned to continue in its areas of specialty.
The office is located in a very busy area of Maryland is experiencing a surge in development and growth that could be tapped for an increased flow of new patients. A doctor willing to work five days a week, do some advertising and add more services could augment revenues significantly. The space could also be more fully productive if a second physician were to be brought in. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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