Lucrative Outpatient Colonoscopy Practice for sale

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Lucrative Outpatient Colonoscopy Practice for sale
Asking Price:
$899,900

Gross Revenue:
$599,443
Cash Flow:
$358,080
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$35,000
included in asking price

Real Estate:
$375,000
included in asking price

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Business Description

Profitable outpatient only practice currently limited to colonoscopy and anorectal surgery. 90% colonoscopy and 10% anorectal surgery. If you want money and quality of life this is the practice for you. The practice was founded in 2008 and has maintained high revenues since its inception. The practice is currently grossing nearly 600k in annual revenue without having the responsibilities of inpatient care. The practice is approaching 12000 patient charts and has a high percentage of repeat business. This practice is a perfect fit for a Gastroenterologist or a Colon and Rectal Surgeon seeking an improved quality of life. This business can be maintained at its current profitability or grown by adding the full menu of GI services. The owner/physician is open to staying on during the transition and offers of partnership would be considered. The practice is currently booking out months in advance and could easily accommodate two or more practicing physicians. Practice can be acquired with or without the real estate. Please refer to listing #335375124 and ask for Len Burgess when inquiring. Thank You!

About the Business

Year Established:
2008
Number of Employees:
1FT
Relocatable:
Yes
Real Estate:
Owned
Facilities:
Lease/Month: 3500
Square Footage: 1600
Building Type: Medical Office
Terms & Options:
Expiration Date: 10/1/2018
Market Outlook/
Competition:
Patients travel from all over the Tampa Bay Area and beyond to receive services from this practice. This practice has over 10,000 charts. The nature of the business lends itself to repeat business.
Growth & Expansion:
While they are extremely busy, the business could grow exponentially with the addition of another provider.
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About the Sale

Reason For Selling:
Retirement from medical
Training/Support:
Two weeks of training at no cost

Listing Info

ID:
1353922
Ad Detail Views:
1231

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Business Listed by

Len Burgess

Transworld Business Advisors of Tampa

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Sponsoring Broker:

Andrew Cagnetta
Transworld Business Advisors of Tampa

U.S. Census Data for Hillsborough County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Hillsborough County, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

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