Asking Price: $2,500,000
Cash Flow: $661,303
Gross Revenue: $2,523,877
EBITDA: N/A
FF&E: $345,476
Inventory: $40,000
Rent: $14,128 /Month
Established: 1984
Business Description
Lucrative Pediatric Medical Practice SBA Pre-Approved
A strong foundation built on 35 years of experience and customer relationships. 25 years in the current location lending to its 2nd generation clients as well as a generous number of newborns & new patients. This privately-owned practice includes an excellent payer mix which comprises most major Commercial and Medicaid Insurance plans. This company is technologically up to date using current E.H.R., cloud-based software management, alongside a successful in-house billing system. Newly renovated, decorated in a cheerful décor, this practice welcomes in families to a home away from home. This one will sell quick, so don’t hesitate on this opportunity.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 6,800
- Lease Expiration:
- N/A
- Employees:
- 17
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Located in a great community surrounded by many cultural events, top schools, family sporting activities, shopping malls and miles from Florida’s most beautiful beaches. Within in range of three major Children’s Hospitals.
- Competition:
- One of the longest established pediatrics in the area, leading to a general lack in competition.
- Growth & Expansion:
- Florida is known for its continuously expanding population because let’s be real, Florida is paradise. Alongside a booming economy, this business is primed for expansion through marketing and new leadership.
- Financing:
- Seller will consider some financing.
- Support & Training:
- Seller will train buyer to operate the business for successful transition. Physicians/ owner will stay on for training transitional period and further based on employment agreement.
- Reason for Selling:
- Retirement
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