Request More Information Contact the Seller
- RE: Amazing Family Medical Practice With 43.5% EBITDA
- Contact: Christopher Beckman
Quick Facts
Asking Price: | $4,874,708 | |
Annual Revenue: | $3,177,096 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,497,044 | |
Total Debt: | Not Disclosed | |
FF&E: | $450,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1993 | |
Employees: | 21 | |
BBN Listing #: | 996934 | |
Broker Reference #: | 95371-691489 |
Business Overview:
This well-established cardiovascular medical practice has operated for several decades in Southern California. It specializes in internal medicine, advanced diagnostic cardiology, and Cardiac Rehab therapy—the latter delivered through a dedicated center with robust research operations. The Practice has evolved into a cornerstone provider of internal medicine and cardiovascular services within its region. Approximately 14 years after its founding, the Practice established an affiliated Cardiac Rehab therapy center, which now serves as one of the most comprehensive outpatient facilities of its kind on the West Coast. Located in the heart of Orange County, CA, it is in a facility that is a modern, multi-level medical complex (approx. 15,000 sq ft), with around half dedicated to Cardiac Rehab therapy. The Practice has an amazing staff that operates the Business with 21 dedicated employees with an average tenure of more than ten years with the Company.
The Business has very reliable and steady Revenues which averaged around $3,019,000 over the last three years, and incredible EBITDA Margins at $1,315,000, or 43.5% of Revenues over the same period.
The owner of the Business also owns the facility and is open to selling both to the right buyer. After several decades of practicing, the Owner is preparing to retire and is ready to sell the Practice while remaining open to continuing to work for the Buyer for one to three years post close, making this an amazing opportunity for the right buyer to buy a great business, with steady revenues and cash flow, a veteran staff, and to retain the Seller on staff to continue to treat patients, help with employee retention, and insure continuity of business post close.
The Business has been SBA Pre-Approved making it possible for a qualified buyer to buy this Business with 10% down, with a Bank financing 90%.
For more information, please contact the lead Business Advisor, Chris Beckman, by emailing him at cbeckman@tworld.com, or by calling our office at (714)-824-4492. Please note; the sale is confidential. All interested buyers will be required to sign the CABB Non-Disclosure Agreement and complete a confidential buyer profile to screen for relevant experience and a buyer’s personal financial statement before any confidential information will be shared.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
Monthly Rent
$22.750,00
Square Units (Foot, Meter)
14,759
Lease Expiration Date
December 31, 2025, 12:00:00 AM
Terms Options
Automatically Renewing
Real Estate Asking Price
$5.400.000,00
Market Competition and Expansion:
Other nearby medical offices that offer internal medicine and cardiology services.
There is a huge potential to grow the business by increasing and securing additional insurance payer contracts to reach more customers with different types of insurance, and by investing in and developing a more robust marketing campaign to include SDE, Google PPC, Facebook ads, email outreach, and digital marketing. Additionally, you can work to partner with nearby hospitals to increase and grow referral partnerships to send more business to the clinic.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information