Asking Price: $899,900 Gross Revenue: $599,443Cash Flow: $358,080 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $35,000 included in asking priceReal Estate: $375,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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
Number of Employees:
Lease/Month: 3500 Square Footage: 1600 Building Type: Medical Office Terms & Options: Expiration Date: 10/1/2018
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.
Lucrative Outpatient Colonoscopy Practice for sale
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