Pulmonary Practice 29-Yrs-Immense Growth Potential
Not Disclosed, FL Broward County
Centrally located in Broward County
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- RE: Pulmonary Practice 29-Yrs-Immense Growth Potential
- Contact: Anton Joro
Quick Facts
| Asking Price: | $2,999,000 | |
| Annual Revenue: | $1,395,374 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,013,938 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $14,200 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1993 | |
| Employees: | 9 | |
| BBN Listing #: | 5524955 | |
| Broker Reference #: | 1049-17132 |
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! This pulmonology practice has an immense growth potential and the seller is willing to be instrumental in the expansionary efforts of the buyer.
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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 homebased business opportunity.
- This is not a franchise resale opportunity
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