Asking Price: $585,000 Gross Revenue: $700,000Cash Flow: $244,600 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Established 1986, this busy medical practice has been serving the community over 30 years.
Approximately 2,000 active charts / patients.
Perfect opportunity for an existing practice to experience swift patient growth.
Doctor is selling because he hasn't embraced EMR and does not want to incur the cost. Doctor will migrate to EMR of the acquirer practice.
He's also looking to scale back hours and will consider staying on in some capacity at new owners discretion.
Loyal staff has been with practice for 20+ years. Staff is expected to stay on with new ownership at new owner's discretion.
Great location- Upper West Side
Rent only $10,000 / mo.
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About the Business
Manhattan, New York
Growth & Expansion:
Neighborhood is experiencing large economic growth.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.