Broward Pulmonary Medical Practice 29-Years Est.

Not Disclosed, FL
Broward County

Centrally located in Broward County


Asking Price: Annual Revenue:
$2,999,000 $1,244,117

Services: Medical, Dental


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RE: Broward Pulmonary Medical Practice 29-Years Est. Broker: Anton Joro

Quick Facts

Asking Price: $2,999,000
Annual Revenue: $1,244,117
Net Profit: Not Disclosed
Cash Flow: $859,416
Total Debt: Not Disclosed
FF&E: $14,200
Real Estate: Not Disclosed
Year Established: 1993
Employees: 9
BBN Listing #: 5524955
Broker Reference #: 1049-17132

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Business Overview:

This pulmonary medical practice was established in 1993 and has since evaluated and treated tens of thousands of patients. Located in Broward county and affiliated with several hospitals, the seller enjoys a great reputation and has forged relationships with many patients over the years. The seller is willing to work for the buyer with reduced hours and even guide the new owner towards expanding the practice. Perfect for an existing pulmonary MD or group of MDs, or a private equity firm that wants to invest in the medical arena. Pre-qualified by several direct lenders!

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Property Features and Assets:

The medical office is situated in a Broward hospital setting and is very accessible by staff and patients alike. Plentiful parking and the location is close to major county roads and highways. The lease is assignable and extendable. Assets = $14,200

Market Competition and Expansion:

The are other pulmonary practices in Broward county but one will be hard pressed to find one with a 29-year history, based in the same location and having such a robust patient following as this MD. 75% to 80% is referral business. Florida has experience a pronounced population growth and the medical field is growing as a result. The pandemic has affected the pulmonary abilities of thousands of people and the services that this practice provides are very high in demand. Great growth awaits ahead!

Reason for Selling:

Seller is approaching retirement.

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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