For Sale - Neurology Medical Practice

LAS VEGAS, Nevada

Asking Price $1,750,000 Year Established 2001
Annual Revenue $1,667,817 Reason for Selling Retiring  
Annual P/L $889,205 Attention Freddie McFinn
Annual Cash Flow $0 Listing Number 651737  
# of Employees 12 Business Category Services: Medical, Dental

Business Overview:

SBA Prequalified for qualified Buyer. This profitable, long established Neurology medical practice serves the greater Las Vegas Valley. The staff includes an in-house billing/Off. Manager, medical assistants, EEG Tech, NCS/EEG Tech, TMS Tech, file clerks and receptionists. Major Services include EEG, Carotid Ultrasound, NCS/EMG, Nerve Block, TMS and Botox. Some of the insurance plans accepted are: Medicare, Aetna, BCBS, UHC, PPOs and POS. The practice does not accept HMOs. The seller is willing to stay with the practice on a mutually agreed to part-time basis. The adjusted net income (SDE) of $889,205.00 reflects an owner operator. For a non-neurologist buyer, a replacement Neurologist salary is estimated to be $390,000.00 (Fully Burdened) thereby reducing the adjusted net income (SDE) to $499,205.00 Contact the listing agent for an NDA. Proof of funds required. For a quick response to your inquiry, please email listing agent Freddie McFinn (RE# BS.0038787; Business Broker Permit# BUSB.0000020) at fmcfinn@fcbb.com or call 702-217-5125.

Property Features and Assets:

<p> </p><p>This is a leased location of 1,962 square feet with a Total Monthly Rent of $5,139.24. Lease ends 01/2029. Seller is active in the business with 6 FT and 6 PT employees. Hours of operation are 8:30am – 5:00pm Monday to Friday and Saturday by appointment only. $94,306 in FF&E included in asking price. $15,113 made in Leasehold Improvements. NV Medical License required. </p><p> </p>

Market Competition and Expansion:

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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