Asking Price: $339,500 Gross Revenue: $592,322Cash Flow: $128,882 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&E: $40,000 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.
One of the oldest and highly reputable pediatric practices in Panama City, FL. Single provider in practice for 33 years affiliated with Gulf Coast Medical Center. Payer mix is about 70% commercial insurance, 20% Medicaid, 10% cash. Office has four exam rooms, staff of four: office manager, LPN, MA, and receptionist. Billing done in-house. Doctor will stay on post-closing, if offered. Doctor owns building and will negotiate new lease. Owner benefit has been adjusted for rent.
About the Business
Number of Employees:
2,300 sq ft office with four exam rooms in a medical office building owned by the doctor. Doctor will execute new lease for the space.
This practice has been treating families spanning 3 generations from birth to age 21 in the same area for 33 years.
Growth & Expansion:
Doctor has not been actively seeking to grow the practice with an eye on retirement.
Pediatric/Adolescent Medical Practice in Panama City, FL
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