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Businesses For Sale   >>   California Businesses For Sale Categories   >>   

General Medical Practice - Tremendous ROI

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $498401
Net Profit / Cash Flow  $158687
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1995
Number of Employees  4 - 5
Inventory  12000
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  The doctor will train the new owner in the practice for 8 weeks included in the asking price and will be available for phone support after that if required by the new owner.
Reason for Sale  The doctor will be retiring and moving out of state after the training and transition period.
Description  Keystone Business Advisors represents the owner of a general medical practice located in Thousand Oaks who is looking to transition his client base to an existing general or family medical practice which is located within Thousand Oaks. The practice is a profitable and successful practice which has been servicing Conejo Valley patients since 1995. The practice has approximately 2,000 active patients and the payer mix is approximately 50% insurance, 15% Medicare and 35% private pay. The practice also focuses on weight management which has proven to be a successful marketing program for the business. The owner is looking for a quick transition to avoid signing a new long-term lease with his current landlord. As a result, the business has been priced very attractively to take into account the need for a quick transition which could result in less than one year payback for the acquiring doctor.
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