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  • RE:  Established Medical Practice Strong Cash Flow
  • Contact:  John Meyers

Quick Facts

Asking Price: $950,000
Annual Revenue: $839,000
Net Profit: Not Disclosed
Cash Flow: $512,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 6
BBN Listing #: 980452
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Very well-established and well managed primary care and preventive health care practice operating in the same location for 35 years with approximately 7,900 patient visits per year.

Located within a 5-mile radius of five large hospital system locations.

This practice serves area communities with a personalized approach and mostly serves adults between 18 and 70 years of age (no pediatrics or obstetrics).

Insurance payor distribution among patients: Medicare Part B (28.7%), Commercial Insurance (14.3%), BCBS (52.9%), HMO (2.7%), and Medicaid (1.0%).

Many growth opportunities exist since this practice only accepts new patients through referrals. Opening up satellite locations within 90 miles of the current location would help the practice grow quickly.

Six employees will stay on, and the building is leased. – Seller will stay on for a reasonable transition period as well.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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