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

The Owner/Doctor is pursuing retirement.

FACILITIES

3,300 Sq. Ft. building for lease.

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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