Family Medical Practice with $697K SDE Priced at $975K
FINANCIAL INFORMATION
- Asking Price: $975,000.00
- EBITDA: $697,461.00
- Gross Revenue: $1,254,781.00
- Cash Flow:
- FF & E: $100,000.00
- Inventory: $10,000.00
- Financing: No
BUSINESS LOCATION
Bartow, GA
DESCRIPTION
This is an opportunity to take over an established Physician Practice in a growing area of Bartow County. The practice has been established at this location for over 11 years and has developed a large patient base. The practice is mostly private pay; it takes most insurance providers and currently has a small number of patients with Medicare. The practice currently sees 40+ patients per day Monday through Friday. The facility is in excellent turn-key condition and in a great location with plenty of parking for patients. Over $100,000 of Furniture, Fixtures, and Equipment at fair market value, and $10,000 in inventory at cost are included in the purchase price.
INVESTMENT HIGHLIGHTS:
- Consistent Growth and Active patient Base: The Clinic currently has over 2,500 active patients and does no advertisement to gain new business
- Established Reputation: The Clinic has been recognized in the community as a reputable healthcare provider for over a decade
- Experienced Staff: The Clinic’s most important asset is the experienced staff that is looking to stay in place after the acquisition
- Desirable Location: The practice is located in a well-known shopping center with ample parking space and near important highways
REASON FOR SALE
FACILITIES
Details
- Home Based: No
- Franchise: No
- Distressed: No
- Relocatable: Yes
- Willing To Train: Seller is willing to train new owner for a smooth transition.
- Real State Available: No
- Is Property Leased: Yes
- Real Estate Included: No
- Is Management Staying: No
- Days Open: Mon-Fri, closed S & S
- Hours Open: 8:00 am - 5:00 pm
- Full Time Employees: 4
- Part Time Employees: N/A
- Building Size: 3,300 Sq. Ft.
- Listing Id: SA1642
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