Family Medical Practice
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $493000
Net Profit / Cash Flow $245000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1985
Number of Employees 1 - 3
Inventory 5000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 4 weeks at 40 hours per week following close of escrow.
Reason for Sale Retirement.
Description Well established Family Medical Practice for sale, located in Los Angeles serving a largely Hispanic patient base. The office has space for 4 Doctors, 7 Exam rooms, reception area and office for biller in 3200 square feet and monthly rent of $3825. The Doctor sees 50-60 patients per day and has 9000 patient records on file. Payer mix includes Medicare, Medical, HMO's, PPO's and IPA's. Annual receipts are $493,000 and seller discretionary earnings are $245,000. The Doctor wishes to retire after 25 years For more information, please email or call Rashid Khalid or Diane Combes at (818) 342-5222.
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