Pediatric Practice in a High Growth Area
Business Description
Pediatric Practice-Excellent Patient Care
A well-established pediatric practice with a 26-year history, consistently recognized as the Best Medical Pediatric Practice in the local newspaper. The practice serves approximately 3,000 patients, with 30-60 new patients each month, primarily referred by existing patients. Revenue sources include Insurance (50%), Medicaid (40%), and Private Pay (10%). The practice operates efficiently, offering comprehensive in-house services and holding CLIA (Laboratory) Accreditation. The office space is 3,741 sq. ft., and is leased for around $3,700 per month with automatic renewals and is available for lease or sale. Operating hours are Monday through Friday, 8:30 AM to 5:00 PM. This is an opportunity for a Pediatrician to contribute to a thriving community and benefit from the existence of a successful practice. This practice has a proven track record and has great potential for growth and expansion of the current client base as there are numerous new homes, apartments and condominiums being built in the area. Founding physician is willing to stay post sale for at least one year and will provide some seller financing. You will be required to sign the IBEX NDA to receive further information.
About the Business
- Years in Operation
- 27
- Facilities & Assets
- 3741 sq. ft. with 6 exam rooms and 2 physician offices.
- Market Outlook / Competition
- Normal for a high growth area.
- Opportunities for Growth
- The addition of another Dr. and a PA would be useful.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,741
About the Sale
- Seller Motivation
- Preparing for retirement in a few years.
- Transition Support
- Dr./Owner will remain for several years to make the transition easy.
Listing Info
- ID
- 2426758
- Listing Views
- 22
Listing ID: 2426758 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 of Use. Learn how to avoid scams.