Medical Practice - Contract Pending!

Houston, TX
Harris County

Southwest Houston


Asking Price: Annual Revenue:
$300,000 $512,942

Services: Medical, Dental


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RE: Medical Practice - Contract Pending! Broker: Dominick Caravella

Quick Facts

Asking Price: $300,000
Annual Revenue: $512,942
Net Profit: $176,421
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 27
Employees: 6
BBN Listing #: 657343328
Broker Reference #: 2489

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Business Overview:

DEL LINGCO INTERNATIONAL INC. Listing #2489 This is a medical practice located in SW Houston. She is multilingual and specializes in primary care. She is a proud member of the Privia Medical Group. They assume all the billings and remit to the medical practice. 87.5% plus her salary. The medical practice has been in business for 27 years. Retirement is the reason for the sale. The freestanding building is 3,660 square feet and the land area is 21,248 square feet. The buyer can buy the land and building for $550,000 or purchase the practice only. She will lease the real estate for $4,000 per month for her 1,800 square feet of useable space. The other side of the building is sub-leased by another doctor for $1,100 per month. The new owner can also move the practice to another location. The practice averages 350 to 400 patients per month.

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Property Features and Assets:

The freestanding building is 3,660 square feet and the land area is 21,248 square feet. The buyer can buy the land and building for $550,000 or purchase the practice only. She will lease the real estate for $4,000 per month for her 1,800 square feet of useable space.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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