Occupational Medicine / Urgent Care Center In No. Va

Our client provides easy access to walk-in patients who are in need of receiving non-critical, urgent and emergency care outside of the hospital environment. What helps to set this facility apart from its competitors is the inclusion of employer-driven services including pre-employment physicals, drug and urine screenings, medical review officer services and workers compensation injury management. These services are available to the employees of more than 100+ companies that have rate contracts with the Company. Employees of these companies accounted for more than 5000 visits in 2014. The owner has chosen to offer these employer-driven services because they are not encumbered by insurance reimbursement and provide the highest margin reimbursement revenue to the Company.
Current targeted industries include but are not limited to: construction, food services and government workers. The owner has identified additional services that can easily be incorporated into the practice that would help to secure more contracts, further increasing revenues. The number of patients has grown year over year, and in 2014 the staff successfully treated more than 7800 patients.
The clinic is fully equipped with state-of-the-art medical equipment including digital X-ray equipment, EKG and monitoring equipment, Defibrillators, Spirometers, Intoximeter and more. As a full service facility the Company also has a pharmacy in-house that provides common generic prescription drugs that are available to all patients.
This turn-key full service facility is ready for take-over and is an ideal business for any physician.

Financials


Asking Price Range:  $250K – $500K

Gross Revenues:  

$813,118

Cash Flow:  

$192,374

Cash Flow Type:  Sellers Discretionary Cash


Seller Financing:  Not Disclosed

About The Business


Year Established:  1991

Number of Employees:  6 – 9

Relocatable:  No

Franchise:  No

Current Real Estate:  Leased

Property:  Property For Lease

About The Sale


Management Training and Support:  In the interest of seeing a buyer succeed, the owner is willing to work on a part-time basis.
Reason For Selling:  Owner wishes to retire and pursue other interests.

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Print Listing Id: 700239247
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Posted by: philco on