Medical Practice For Sale
Location Arizona,United States
Asking Price Range $500K - $1.0M
Gross Revenues $400000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1967
Number of Employees 6 - 9
Inventory 50000
Relocatable Yes
Number of Employees 6 - 9
Real Estate Owned
Training Physician will stay on until new owners are acclimated.
Reason for Sale Retirement.
Description General Medical and Emergency practice located in an exclusive section of Tempe, Arizona. Close to the ASU campus, with a high saturation of residential and commercial activity. The practice includes the building and land, and has a Grand Fathered zoning code for ''Medical'' which mitigates the potential for local competition. The asking price is $1,100,000.00, and the selling physician is willing to provide financing. The seller is very motivated to sell. He is retiring. However, he is very willing to stay on for a certain period of time so as to have the established patient base become familiar with their new physician.
The practice has a very good established patient base. The practice used to house a Pharmacy, and is equiped for Radiology and Lab services. The practice is positioned for, and capable of sustaining more than one physician; and is well suited to receive Emergency Patients. Parking, and rear access for ambulances is very good. Email or contact Business Broker, Michael J. Helenic III at 480-298-9610 with any questions on this Medical Practice for sale.
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