Medical Practice – Pain Management

Business Summary

Private Medical Practice specializing in pain management, spine and joint care. Well established and very profitable. The owner is retiring and will stay on and help the brand-new doctor get established. This is a great opportunity for an existing pain management group to expand to a brand-new location or for a doctor to get established in a private practice. The business is currently operating part time so additional hours of operation can increase the revenues and profits. The office space is owned and is also being sold with the business. The advertised income of $300,342 is an average for recent years and represents a part time weekly schedule. The estimated income (cash flow) for a brand-new owner working a 5-day schedule is $632,298. The medical condo is also being sold with the business and is estimated to appraise for $350,000.

Financials


Asking Price Range:  $250K – $500K

Gross Revenues:  

$636,330

Cash Flow:  

$300,342

Cash Flow Type:  EBITDA

Inventory:  $19,000

Seller Financing:  Not Disclosed

About The Business


Year Established:  1995

Number of Employees:  4 – 5

Relocatable:  Not Disclosed

Franchise:  Not Disclosed

Current Real Estate:  Owned

About The Sale


Management Training and Support:  Yes
Reason For Selling:  Retirement







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Print Listing Id: 700241143
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Posted by: philco on