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- RE: Medical Practice With Impressive Growth Potential
- Contact: John Meyers
Quick Facts
Asking Price: | $1,200,000 | |
Annual Revenue: | $1,093,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $601,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 6 | |
BBN Listing #: | 990578 | |
Broker Reference #: | Not Disclosed |
Business Overview:
In practice for over 20 years, this Kansas family practice has 6 employees and a loyal patient base. In addition to treating all employees of a large national business, this practice caters to loyal area residents as well. (There is also very little competition.) There are many growth opportunities since this practice is only open 4.5 days/week and they do not market the practice or have a website. – All patients are from word-of-mouth and referrals so marketing this practice will help grow it even more. Also, this practice can be expanded quickly by adding 1 day/week since there is an extensive waiting list of new patients wanting to use their services. Lastly, a new owner can increase revenue significantly by adding optional inpatient care and nursing home care. The employees will stay on and the real estate is leased (very reasonable monthly rental amount). Seller will stay on for a reasonable amount of time to ensure a smooth transition period.
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Property Features and Assets:
Well maintained building with a great landlord. - Very reasonable monthly rental amount as well.
Market Competition and Expansion:
Many growth opportunities and an impressive new patient waiting list. - Just adding a website and opening an extra day/week would growth the practice immediately.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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