Business Overview:
Successful family medical practice/clinic located in a strategic location with a track record of serving patients for over 24 years. The current doctor is pursuing retirement and is looking for someone who can continue to serve 5,000+ recurrent patients. The clinic is private pay only and currently accepts no type of insurance. Historically the practice has generated $980,000+ in revenue with $500K in discretionary earnings. The purchase price includes $50K+ of FF&E and 15K+ in supplies and inventory at cost. The seller maintains a detailed cash ledger of each transaction and will proof/show the revenues to a qualified potential buyer. The cost to open a similar practice to this one is 500K+ in buildout and equipment. Spanish-speaking Doctor or personnel would be essential as approximately 90% of the patients speak Spanish.
The seller is willing to entertain some seller financing to a well-qualified potential buyer.
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Reason for Selling:
Sellers is pursuing retirement
Additional Details:
- The property is owned.
- The owner is not 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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