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Businesses For Sale   >>   Maryland Businesses For Sale Categories   >>   

Medical Endocrinology Practice

Location  Maryland,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1100000
Net Profit / Cash Flow  $500000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1994
Number of Employees  4 - 5
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Leased
Training  Available.
Reason for Sale  Death of physician.
Description  For Sale - Endocrinology Practice with emphasis on Diabetes / Osteoporosis / Internal Medicine . - Solo practice Montgomery County since 1994. - High-end affluent clinic site w/ secondary satellite clinic in Suburban Montgomery County. - Hospital privileges at 3 local major hospital centers, 3 major nursing homes. - Approximately 1950 active patients. Patient database: 2600 patients. - Ongoing 15-20 new patients average per week. - 2004 gross billed in excess of 1 million with +/- 45% net collection per year. Significant additional income available w/local agencies, support groups, and pharmaceutical consulting services. - 25% growth each year and includes potential of added related products and services to current core operations. - Average total office expense: $181,000 per year. - Recent office furniture renovations completed. - Provides extensive exclusive Endocrinology services for 3 local area senior retirement homes. - Health carriers & MCO's represent 79 companies with BC/BS, Medicare, Mamsi, Aetna as the biggest % of referral source. - Office staff & manager can continue with practice as buyer may require. Contact for more information on this Medical Endocrinology Practice business for sale.
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