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  • RE:  Neurology And Sleep Medical Practice
  • Contact:  Freddie McFinn
  • License #: BS.0038787

Quick Facts

Asking Price: $3,950,000
Annual Revenue: $3,291,048
Net Profit: $1,626,325
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 4
BBN Listing #: 942613
Broker Reference #: 101-22816

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Business Overview:

Price reduced. This long-established Neurology practice comprises three locations, two specializing in General Neurology and one a Sleep Clinic. One in Nevada and two in a bordering State. Seller will consider selling the Bordering State locations and Nevada locations separately. The practice treats Neuropathy, Dizziness, Sleep Apnea, Epilepsy, Falls and Headaches. Staffing includes the seller/Neurologist; associate part-time Neurologist; mid-level providers (MAs and NPs); lab techs; billers; office managers and receptionists. The purchase price, revenue and adjusted net income are for all three (3) locations. The adjusted net income of $1,626,325.00 reflects a Neurologist owner operator. For a non-neurologist buyer, a replacement Neurologist salary is estimated to be $600,000.00 thereby reducing the adjusted net income (SDE) to $1,026,325.00 The Nevada location is represented by First Choice Business Brokers Las Vegas (#101), Freddie McFinn, Broker/Salesperson, R.E. Lic. #BS.0038787, Bus Broker Permit #0000020. The other locations are represented by a separate brokerage. Please call or email listing agent. A Signed NDA and Proof of Funds Required.

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Property Features and Assets:

This is a leased location of 1,650 square feet with a Total monthly rent of $3,075. New lease with One 5-years options. Seller is active with 4 Full Time employees. Hours of operation are 8am – 5pm Monday to Thursday. Medical license required.

Reason for Selling:

Retiring

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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