Established Neurology Practice – S. Palm Beach

Boca Raton, FL
Palm Beach County

SE Florida


Asking Price: Annual Revenue:
$499,000 $500,000

Services: Medical, Dental


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RE: Established Neurology Practice – S. Palm Beach Broker: Ken Vichinsky
Owner Financing is Available!
Seller financing is negotiable.

Quick Facts

Asking Price: $499,000
Annual Revenue: $500,000
Net Profit: $300,000
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: $1,750,000
Year Established: 1988
Employees: 5
BBN Listing #: 782130111
Broker Reference #: 126-10189

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Business Overview:

ESTABLISHED NEUROLOGY PRACTICE – SOUTH PALM BEACH

Extremely profitable and well-established Neurology Practice available for acquisition within a very toney, suburban Palm Beach County area. Quality of life is unsurpassed in this coastal community with no state income tax and very affordable living. If you are a licensed physician who wants an established practice with a great reputation and established patient base, this may be your best opportunity ever! This thirty-year-old practice is strategically located on a very accessible roadway, The practice and 3780 SF of multi-use real estate are being sold separately, or together, and both are currently priced under market value for quick sale.

The fully functioning and equipped practice has thousands of active patient files and treated thousands of patients within the past 18 months. All major insurance providers are in place and the payer mix is well balanced among Medicare, fee for service and private insurances. The founding physician is willing to stay on through an orderly transition period to suit the needs of the acquiring entity and will entertain staying on indefinitely through an employment contract on a part-time basis. All support staff members and contractors will remain if requested. This once-in-a-lifetime opportunity has plenty of potential for additional growth with the addition of another physician, NP or PA.
This extremely profitable practice is well suited for a medical group, private practitioner or investor group through Florida AHCA certification. Real Estate is not included in the asking price. Should you have a serious interest in this exceptional opportunity and are financially qualified, please email Ken Vichinsky today at kenv@fcbb.com.

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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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