Urgent Care - TWO Facilities - San Diego and River

Not Disclosed, CA
San Diego County

Office/clinic type environment.


Asking Price: Annual Revenue:
Not Disclosed $7,000,000

Retail: Health, Beauty, Nutrition


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RE: Urgent Care - TWO Facilities - San Diego and River Broker: Jerry

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $7,000,000
Net Profit: $1,150,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 25
BBN Listing #: 924862768
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Based on comparable industry averages for an opportunity of this profitability, this business's Selling Price will be is in the five (5) to six (6) times multiple of the verifiable EBITDA.

Their 2020 Gross Sales and EBITDA soured into AMAZINGLY even more profitable figures. While they have always been very, very profitable, 2020 was "OFF THE CHARTS!!". It is very possible that these dramatically larger sales and net income figures could continue. But NOT guaranteed!!

FIRST TIME opportunity to purchase TWO OUTSTANDING and very well-established Urgent Care (UC) facilities in continuous, profitable and growing operations for over a decade! THIS IS A COMBINED OFFERING OF BOTH FACILITIES. NOT SOLD SEPARATELY.

Gross combined sales of both locations for 2019 was approximately $5,500,000.

ESTIMATES for Gross Sales for ALL OF 2020 are approximately $6,550,000.

The TRAILING three (3) year EBITDA is approximately $1,115,000. We ESTIMATE the range of the purchase price for these two combined facilities will be approximately - between - 4.5 times and 6 time the verifiable three (3) EBITDA.

Facility # One operates in approximate 13,000 sq.ft. and facility # Two in approximately 4,000 sq.ft.. Both locations are situated immediately off of a busy street with excellent visibility by passing traffic. Large parking lots will accommodate growth.

They currently service over 100,000 active patients/customers. Customers are made up of individuals, local companies, government agencies as well as physician referrals. These UC sites include both outpatient and inpatient services and they accept most insurance carriers. They have their own internal insurance billing department.

Extended/longest OPEN/servicing hours available in Riverside and San Diego counties.

Seller is interested in staying on for a reasonable period of time, with the right employment package. Their current COO is very willing to stay on after this acquisition. Current staff functions relatively independently of current owner/CEO.

While COVID-19 was an initial negative, it appears that it will turn into a substantial windfall!!

For Consideration: Due to the type of business, Seller will only entertain conversations with potential Buyers that are already engaged in this or very similar businesses. Buyers must fully verify who they are and how they will be financing this purchase.

The term "Cash Flow" in this ad is the "Gross/Net Profit" and NOT the EBITDA.

ALL FINANCIAL INFORMATION PROVIDED IN THIS ADVERTISEMENT IS APPROXIMATE AND FOR DISPLAY PURPOSES ONLY. BY INQUIRING ABOUT THIS ADD, BUYER ACKNOWLEDGES THAT BUYER ACCEPTS FULL RESPONSIBILITY FOR ALL AND ANY VERIFICATION FOR AND OF ANY INFORMATION IN THIS ADVERTISEMENT. BUYER AGREES TO NOT HOLD BROKER AND OR BROKER'S AGENCY RESPONSIVE FOR ANY MISTAKES.

(ALL INFORMATION SUPPLIED IN THIS AD IS FROM THE SELLER AND MUST BE VERIFIED BY THE BUYER. FURTHER, BUYER ACCEPTS FULL RESPONSIBILITY FOR VERIFICATION OF ALL INFORMATION GIVEN IN THE ADVERTISEMENT INCLUDING, BUT NOT LIMITED TO, FINANCIAL INFORMATION AND FACILITY INFORMATION. BUYER UNDERSTANDS AND ACCEPTS THE FACT THAT ALL INFORMATION IS APPROXIMATE AND OR ESTIMATED AND THEREFORE CANNOT BE RELIED ON TO MAKE AN OFFER TO PURCHASE THIS BUSINESS)

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Both locations are office type facilities with full build-out specifically for this Urgent Care business. Approximately 18,000 sf in total of both facilities.

Market Competition and Expansion:

Competition: Seller states: "There are a number of Urgent Cares in the area. However none can match our hours of service, our medical offerings or our insurance contracts. I would not consider them 'legitimate competitors." Growth & Expansion: Per the Seller: "Adding in auxiliary services like a GP, Ortho and PT would exponentially increase the revenue." Growth could then be exponential!!

Reason for Selling:

Lifestyle

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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