Eight year old internal medicine practice with 1500 active patients and hospital emergency room privileges located in southeast Houston on a major hospital campus. Fully equipped 1200 SF clinic with 3 examination rooms, office, and reception area. Clinic is leased directly from the hospital. The clinic employs 2 experienced medical assistants. Revenue has increased in each of the past 5 years with a 2014 revenue forecast of $510,000 and 2014 Sellers Discretionary Earnings sure to exceed 2013 earnings of $266,000. Revenue generation is split evenly between the Medical Clinc and Hospital In Patient activities. Seller is retiring. Buying Doctor must be Board Certified in Internal Medicine. Seller is retiring and will assist with the transition.
Asking Price Range: $250K – $500K
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2014
Number of Employees: 1 – 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
About The Sale
Management Training and Support: Seller will train for 2 weeks.
Reason For Selling: Retiring
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Print Listing Id: 700229930