Business For Sale Listing 157163
Family Practice - Well Established - Retiring
Status as of Jan-7-2009 at 05:59 PM: Active
Business Summary
This area is projected to become a tourist attraction due to its many recreational opportunities and mild climate. The long established practice of 30 yrs is located in an office condo close to a hospital. This 2,000 sq. ft. office rents for $3,765/mo. The practice has 5 exam rms, receptionist/waiting area, dr’s office, business office, etc. Seller is retiring and is asking $400,000. Gross income in 2008 (8mo) was $436k, in 2007 was $675k and in 2006 was $584k. The capitation income is $30,000/mo. There are 400 patients seen per month and 5-20 are new patients per month. There is 50% HMO, and 25% ea: PPO, and Medicare. There are 2 FT Receptionists and 1 FT Nurse that work in the practice. The hours are Monday – Friday 8:30am-5pm; 12:30-2pm closed for lunch – M/W/F pm- no appointments, does paperwork and rounds only.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million |
| Profits: |
Between $100 Thousand and $500 Thousand |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($400,000) |
