Highly Profitable Family Medical Practice For Sale

Business description

Highly Profitable Family Medical Practice

Business Summary:

This highly profitable medical practice sees 600 patients a month. The business has over 2,000 patient files and adds 40 new patients per month. The doctor/owner has hospital privileges at two area hospitals and visits patients at a local nursing home. The business serves the upscale area of SW Riverside County. There is room for a second doctor with the facilitys 5 examination/treatment rooms. Services include primary care, general pediatrics and internal medicine.

Perfect addition to an existing practice, or for any doctor moving into the area who wants a solid established medical business. Staff is in place, office is set up, just bring your skills and energy.

General Information

Year Established: 2004

Employees: One experienced and talented medical assistant and a receptionist at a monthly salary of $4,300

Facility: 2,178 square foot facility, with 5 examination rooms, at a total monthly cost of $5,389 including triple nets. Lease expires in March, 2011.

Hours: 9 am - 6 pm weekdays

Price Includes: All furniture, fixtures and equipment including an EKG machine, Inventory of approximately $2,500 not included.

Support/Training: Physician seller will provide transition training

Reason Selling: To focus 100% of time on second office

Asking Price: $349,000

Gross Revenues: 428,818

Sellers Discretionary Earnings: 263,100

For more information on this business opportunity, please contact D. Joe Atchison

Property information

Real Estate:

Lease

Lease terms:

$5,389 per month

Location:

2,178 sq. ft. building

Other information

Support & training:

Seller will provide training

Reasons for selling:

Other Business Demands

Trading hours:

Monday-Friday 9-6

Financing available:

Seller will provide partial financing

Inventory / Stock value:

$2,500