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Established Family Medical Practice

| Asking Price: | $78,000 | Inventory: | $2,500 ++ |
| Gross Revenue: | $235,416 | Real Estate: | n/a |
| Cash Flow: | $70,938 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The medical practice is in a retirement community and has approximately 700 active patient files. The doctor only works four short days per week as he is in semi-retirement. The office turns away patients every week. Due to health issues the doctor is ready to pass on the practice and would provide a good transition period. The doctor/owner has hospital privileges at two area hospitals and visits patients at two local nursing homes. The very attractive facility has a “country doctor” look. Services include primary care, general practice, geriatrics and internal medicine. Most patients are elderly.
This would be a perfect addition to an existing practice, or for any doctor moving into the area who wants a solid established medical business. The business has considerable upside potential to a doctor who puts in more hours. Excellent staff is in place – just bring your skills and energy.
Year Established: 2000
Employees: Experienced and talented Secretary/Medical Receptionist and an Office
Manager/Medical Assistant at a monthly salary of $4,550
Facility: 1,000 square foot facility, with 2 examination rooms, at a total monthly cost of $1,200 including triple nets. Lease expires in September, 2009
Hours: 8 a.m. to 4 pm Monday through Thursday with a two hour lunch
Price Includes: All furniture, fixtures and equipment including an EKG machine and hemoglobin monitor. Inventory and supplies of approximately $2,500 included.
Support/Training: Physician seller will provide transition training
Reason Selling: Retirement
Asking Price: $ 78,000
Gross Revenues: 235,416
Seller’s Discretionary Earnings: 70,938
For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, ext. 303 or j.atchison@sunbeltnetwork.com.
This would be a perfect addition to an existing practice, or for any doctor moving into the area who wants a solid established medical business. The business has considerable upside potential to a doctor who puts in more hours. Excellent staff is in place – just bring your skills and energy.
Year Established: 2000
Employees: Experienced and talented Secretary/Medical Receptionist and an Office
Manager/Medical Assistant at a monthly salary of $4,550
Facility: 1,000 square foot facility, with 2 examination rooms, at a total monthly cost of $1,200 including triple nets. Lease expires in September, 2009
Hours: 8 a.m. to 4 pm Monday through Thursday with a two hour lunch
Price Includes: All furniture, fixtures and equipment including an EKG machine and hemoglobin monitor. Inventory and supplies of approximately $2,500 included.
Support/Training: Physician seller will provide transition training
Reason Selling: Retirement
Asking Price: $ 78,000
Gross Revenues: 235,416
Seller’s Discretionary Earnings: 70,938
For more information on this business opportunity, please contact D. Joe Atchison at 951/277.4002, ext. 303 or j.atchison@sunbeltnetwork.com.
About the Business
Year Established:2000
Employees:2 full time -
Facilities:1,000 sq. ft. building
About the Sale
Management Training and Support:Seller will provide training
Reason For Selling:Retirement
Seller Financing:Seller will negotiate financing
KEYWORDS: health, medical, practice, clinic, family, service, personal
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