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Business For Sale
HAWAII - PROTFITABLE PSYCHIATRIC PRACTICE
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Asking Price: |
$250,000
USD USA Dollars
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Business for Sale Industry: |
Services: Medical, Dental, Assisted Living
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Reason for Selling:
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Retirement |
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Year Established:
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1975 |
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Yearly Revenues:
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$241,700 |
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Yearly Cash Flow:
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$173,400 |
Business for Sale Overview:
A twenty-three year old, profitable Psychiatric Practice is for sale in beautiful Hawaii! With only a 35 hours work week, this practice specializes in general adult psychiatry handling psychotherapy and medication management. The sole practitioner is a self-described old time general psychiatrist, dedicated to comprehensive assessment and individualized treatment. The practice does not do “medication management” for other practitioners. The doctor feels that the practice distinguishes itself by its accessibility, responsiveness and competence.
The practice is located in the heart of the island in an area central to commerce, government and residential areas. The Doctor sees an average of 45-50 patients a week, with an average work week of 35 hours scheduled and 10 hours emergency. The patient list over the last two years numbers 440. Although currently a solo practice, it has been an associated practice in the past. The 676 square feet office is ideally located and is only $811 a month. With collections last year of $241,700 and a SDE of $174,000, the Doctor’s retirement presents the opportunity of a life time for a healthy, relaxed lifestyle in this wonderful location.
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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