Solo Podiatry Practice w/Property for sale in St. Petersburg, Florida

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Solo Podiatry Practice w/Property for sale in St. Petersburg, Florida

Business Description

Well established 40 year Podiatry Practice offering a wide range of podiatry services, including sports medicine, primary podiatric care, minor surgery, DME, and EPAT treatments. Up to date diagnostic equipment includes digital x-ray with a new (2017) wireless detector, diagnostic ultrasound, digital orthotic scanner, and vascular testing. The practice affiliates with a variety of managed care plans, private plans, and Medicare. Stable gross collections could be easily increased with the re-introduction of surgery, physical therapy, and wound care. Beautiful office building could easily support 2 practitioners, with 8 treatment rooms. The office is 1 mile from the nearest hospital and 1/2 mile from the surgical center. Rapidly growing, dynamic city with professional sports teams and universities

About the Business

Year Established:
1978
Number of Employees:
5FT-1PT
Real Estate:
Owned
Building Sq. Ft.:
3,000
Facilities:
3000 sqft. stand alone building with 9 treatment rooms
Market Outlook/
Competition:
Practice has maintained stable gross collections. Ability to increase collections adding wound and surgeries.
Growth & Expansion:
Practice has a very professional website in place. Positive online reviews and nice referrals
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller to provide 8 weeks training and support for a smooth transition.

Listing Info

ID:
1584654
Ad Detail Views:
0
Asking Price:
$900,000

Gross Revenue:
$590,202
Cash Flow:
$191,789
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$25,000
not included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
$650,000
included in asking price

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