Premier OBGYN Practice

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Asking Price:
$250,000

Gross Revenue:
$724,681
Cash Flow:
$168,210
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$52,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Premier OB/GYN Practice - 15 years established in Broward County. First class care and facilities. High standards and quality patient care are the priorities at this operation. Fine reputation, fully equipped rooms and friendly staff. On site is also a Birthing Center business included in the sale. This Center specializes in 'natural child birth' with specialty rooms to accommodate mom and baby. Leads come directly from the Birth Center to the OBGYN and vice versa. Member of FACOG - Fellow American College of OBS & GYNS. Retirement and relocation motivates sale, however, seller will stay on board for an agreed transition period. Clean.

About the Business

Location:
Broward County, Florida
Year Established:
2003
Number of Employees:
9 FT
Relocatable:
Yes
Facilities:
Approximately 5000 square feet total encompass both the OBGYN and the Birthing Center.
Market Outlook/
Competition:
There is competition throughout, however, this business is well known and has contracts with all the major insurance carriers, great reputation serving South Broward for 15 years.
Growth & Expansion:
Marketing, marketing, marketing to both the entire Broward and surrounding communities and the Medical Community, whether it be via hospitals, papers and write ups, testimonials, Social Media, etc. Business historical volume is $700k - $1m range. Marketing of any fashion will improve these figures.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will train for 6 weeks @ $0 cost.
OB/GYN license to replace seller's Medical License.
Seller Financing:
$150k down/$100k for 60 mos. @ 6%.

Listing Info

ID:
1613712
Ad Detail Views:
0

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Business Listed by

Edwin Peña

Murphy Business & Financial-Boca Raton
License# SL690462

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U.S. Census Data for Broward County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Broward County, FL
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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.


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