Internal Medicine Practice – Hospital Priveledges

Business Summary

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.

Financials


Asking Price Range:  $250K – $500K

Gross Revenues:  

$510,000

Cash Flow:  

$266,000

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
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Posted by: philco on