Equity Interest in Family Medicine Practice

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Asking Price:
 Not Disclosed

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Primary Providers of Alabama, Inc. (“PPA”), a well-established family medicine practice in Huntsville, Alabama, is being offered for sale by order of the U.S. Bankruptcy Court for the Northern District of Alabama.

PPA is currently experiencing steady cash flow and has an established leased office location, a dynamic website, a patient-customer list, and systems in place for payments by major insurance and credit cards.

Any and all offers to purchase PPA must be filed with the Clerk of Court below on or before 5:00 pm CST on Friday, July 26, 2019:

Clerk’s Office
U.S. Bankruptcy Court
400 Well Street, NE # 222
Decatur, AL 35601-1951

All offers must exceed the minimum bid of $1,000.00.

All timely offers will be presented at a hearing before the U.S. Bankruptcy Court for the Northern District of Alabama to determine the terms, conditions, and bidding procedures of an auction to purchase PPA.

Potential purchasers are encouraged to see the advice of their own legal counsel.

About the Business

Location:
Huntsville, Alabama
Year Established:
2016
Number of Employees:
8
Facilities:
The sole asset for sale is the equity security interest in PPA’s corporate entity. This asset is sold subject to the terms, conditions, and debt obligations of PPA’s Chapter 11 Plan of Reorganization. This asset is sold “as is” with no additional representations or warranties.
Website:
www.allmanfamilymedicine.com/
Growth & Expansion:
For information on PPA, send an email to janelle@ssmattorneys.com or call 256-512-9924 ext. 106. Seller will provide a copy of the court-approved Disclosure Statement from the Seller’s Chapter 11 bankruptcy case by reply email or U.S. Mail.
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About the Sale

Reason For Selling:
Order of the U.S. Bankruptcy Court

Listing Info

ID:
1461590
Ad Detail Views:
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Business Listed by
Janelle Brunner

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