Business For Sale

General Practice Clinic 344k Take-Home Est'd 37 Yr

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$50,000 $488,161

Services: Medical, Dental


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RE: General Practice Clinic 344k Take-Home Est'd 37 Yr Broker: Satoshi Kanuma
License #: 01932057
Owner Financing is Available!
$40,000 Down Payment; Balance SCN for 6 months at 6% interest.

Quick Facts

Asking Price: $50,000
Annual Revenue: $488,161
Net Profit: Not Disclosed
Cash Flow: $344,281
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1981
Employees: 2
BBN Listing #: 294423364
Broker Reference #: 106-15118

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Business Overview:

This Korean-speaking high cash flow solo practice internal medicine and gastroenterology clinic has a great reputation for being the most trusted in the Los Angeles Korean community for over 37 years. 80% of the patients are with Medicare. 95% of the patients communicate in Korean language. The owner MD sees patients 23 hours a week and takes home over $344,281. The buyer must feel comfortable with using Korean as the primary language of communication with patients. Annual Gross Sales: $488,161; Adjusted Net Income: $344,281. Asking: $50,000. Financing available to qualified buyers. Good accounting records. For more information, please contact Satoshi Kanuma at 714-420-4097 or skanuma@fcbb.com.

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Property Features and Assets:

This is a leased location of 1,096 square feet with a Total Monthly Rent of $2,800. Lease is Month to Month. Seller is active in the business with 2 Full Time Employees. Hours of operation are Monday, Tuesday, Thursday, Friday 9-3; Wednesday 9-10; Saturday 9-11. $3,000 in Inventory and $10,000 in FF&E included in Asking Price.

Reason for Selling:

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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