Private Practice, OBGYN Practice, Excellent Cash Flow

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OBGYN Private Practice - Retiring
Asking Price:
$400,000

Gross Revenue:
$760,200
Cash Flow:
$527,400
EBITDA:
$527,400
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Obstetrics and Gynecology practice located in affluent suburb of one of the nation's fastest growing cities. Sole practitioner.

• Long standing and loyal patient/clientele.
• Great Location
• Consistent historical and growing revenue stream
• Non-corporate, family oriented
• Private pay
• Strategic relationship, privileges with nearby world class hospital, birth center

About the Business

Location:
King County, Washington
Year Established:
2011
Number of Employees:
4
Real Estate:
Leased
Building Sq. Ft.:
2,300
Rent:
$3.17 Per Month
Lease Expiration:
5/1/2022
Facilities:
The seller's office is is in prime location co-located to the region's premier medical centers minutes from the birthing center. The seller shares the facility and overhead expenses with independent partners on complimentary women care practices. The group shares access to state of the art equipment, has six exam rooms, three doctors’ offices, one business office, two treatment rooms and was recently renovated with new furniture and fixtures throughout including the lobby.
Market Outlook/
Competition:
The practice is located in an affluent and growing suburb of Seattle. The seller often must turn away new clients due to the abundance of new patient inquiries.
Growth & Expansion:
Becoming a part of this shared facility/clinic will provide the ability to work both autonomously and as a team offering freedoms but also support. Taking over an existing practice will allow the new partner the possibility to retain the current client base.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller will stay on in the business to ensure the retention of existing patients to ensure a successful transition. The Buyer will need to have at least two years experience post-residency and enjoy working with patients in a family, patient first atmosphere.
Seller Financing:
Bank pre-approved for SBA loan, Seller financing available

Listing Info

ID:
1571304
Ad Detail Views:
0

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Business Listed by

Andrew Cross

Cross Northwest Inc.

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