Pediatric Practice For Sale

Contact Seller
Profitable Multi-site Pediatric Practice Available

Business Description

Our client, a Pediatric Practice with two locations, has been serving patients for almost 60 years. The Practice has many second-generation patients, which is a testament to its high-quality patient care and friendly staff. They offer patients a wider variety of services relative to most pediatric practices in that it treats patients through their mid-20s. The practice has over 7,000 active patients.

Our client has an exceptional staff with highly qualified and experienced employees in nursing, the business office, and management. Currently, the Practice has over 30. The Practice includes pediatricians who are certified by the American Board of Pediatrics, experienced certified family and pediatric Nurse Practitioners, and highly qualified and experienced nurses.

The Practice benefits from a number of competitive advantages that position the Practice well for future growth and success. Advantages include: being firmly established in the communities they serve; an excellent distribution of patients by age with 300 newborns added each year; a welcoming and dedicated staff with minimal turnover; same-day scheduling; highly experienced patient care providers; wide insurance acceptance; and a modern infrastructure which includes broadband internet, cloud-based electronic patient charting and electronic medical records, and in-house billing.

About the Business

Year Established:
1965
Number of Employees:
35
Real Estate:
Leased
Building Sq. Ft.:
10,000
Facilities:
The Company has two locations: One location occupies a space of 4,000 sq. feet and the second location occupies 6,000 sq. feet.
Market Outlook/
Competition:
The Practice benefits from a number of competitive advantages that position the Practice well for future growth and success. Advantages include: being firmly established in the communities they serve; an excellent distribution of patients by age with 300 newborns added each year; a welcoming and dedicated staff with minimal turnover; same-day scheduling; highly experienced patient care providers; wide insurance acceptance; and a modern infrastructure which includes broadband internet, cloud-based electronic patient charting and electronic medical records, and in-house billing.
Growth & Expansion:
An increase in strategic marketing, including a Search Engine Optimization (SEO) program, presents an opportunity for an incoming partner. Additional relationships with OB/GYN offices, hospitals, and other creative venues to generate referrals of pregnant or new mothers would also result in further penetration of the market.
Contact the Seller

About the Sale

Reason For Selling:
Some of the owners are planning to retire within the next year.
Training/Support:
Some of the owners are interested in staying on board under new ownership. The current employees, which have been with the practice for a number of years, are planning on staying and can ensure a smooth transition.
Seller Financing:
The owners are willing to entertain various offers.

Listing Info

ID:
1540870
Ad Detail Views:
394
Asking Price:
 Not Disclosed

Gross Revenue:
$4,000,000
Cash Flow:
$825,000
EBITDA:
$345,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Share this business:

Contact the Seller
$
Please confirm you're not a robot
Contact the Seller
Business Listed by

Brian MacMillan

BWFA Business Services

 Show Phone Number

View My Active Listings
U.S. Census Data for Virginia
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Virginia
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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.