6 Location Medical Group Established in 2009

Not Disclosed, NA

Western United States

Asking Price: Annual Revenue:
$25,000,000 $10,150,000

Services: Medical, Dental

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RE: 6 Location Medical Group Established in 2009 Broker: Linda Hentges-Nyman
License #: BS.0034179.MGR

Quick Facts

Asking Price: $25,000,000
Annual Revenue: $10,150,000
Net Profit: $5,600,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $701,500
Real Estate: Not Disclosed
Year Established: 2009
Employees: 44
BBN Listing #: 28675142
Broker Reference #: 101-20113

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Business Overview:

Amazing opportunity to take part in the growth of the Health Care sector!

2021 Projected Gross Revenue $10,150,000 - Projected EBITDA of $5,600,000 AR of approximately $30,000,000 is INCLUDED @ 40% conservative collection rate = $10,000,000 (current collection rate is over 55%).

This Medical Group has 6 locations and is poised to enter additional local as well as national markets with superior systems. The practice began in 2009 and has enjoyed consistent year over year growth. In 2014 the practice became a full-service medical group. The company being offered is the Management Services Organization which manages and fully owns the Medical Group which is operated by a contracted licensed physician with 7 doctors under his direction including an MD, DC's and PA’s. The practice specializes in both health insurance and workers compensation insurance claims.

The managing members of the company do not perform medical functions. The sellers state that the buyer of this company does NOT need to be a medical practitioner or obtain any special license.
The medical clinics offer complete medical care from medical management, chiropractic care, physiotherapy, x-rays, and MRI (which are performed at a company owned facility).

Future plans for the company are to add pain management doctors, orthopedic doctors, physical therapists, and an urgent care. With their cutting-edge innovative systems for service and billing management the company is poised for growth by taking this model systematically nationwide. For a quick response to your inquiry, please contact Linda Nyman (NV RE# BS.0034179.MGR; CA DRE 01035215; Business Broker Permit# BUSB.0006725).

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Property Features and Assets:

There are 6 leased locations of 13,190 square feet in total with a combined rent of $30,206.85. Leasehold Improvements show as $349,422. Currently there are 44 Full Time employees, sellers are not active in the business daily operations. Hours of operation varies by location. $701,500 in FF&E and $30,000,000 A/R included in Asking Price.

Reason for Selling:

Retirement and relocation.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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