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Prestigious Pediatrics Practice SOLD

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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