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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Michigan Businesses For Sale Categories   >>   

Pediatric Practice For Sale

Location  Michigan,United States
Asking Price Range  < $250K
Gross Revenues  $570000
Net Profit / Cash Flow  $320000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2002
Number of Employees  1 - 3
Inventory  40000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Reason for Sale  Retirement
Description  Pediatrc Practice For Sale Location: United States -> Michigan -> Flint Industry: Health and Medical > Medical Practices Business Summary GET STARTED Contact Seller KEEP LOOKING Save Listing INDUSTRY TRENDS ACTIVE BUYERS ACTIVE SELLERS MORE INDUSTRY TRENDS LOCATION CITY Flint STATE Michigan COUNTRY United States Not Relocatable FINANCIALS ASKING PRICE$ 150,000 SALES$ 600K PROFITS$ 320,000/year PROFIT TYPE Free Cash Flow FISCAL YEAR 2012 DEAL TERMS Owner Will Retire Active pediatric practice for sale in Flint, Michigan will be sold due to retirement, approximately, within one year. The owner (also the seller) is a board certified sole practitioner practicing since July 2002 at this location. Office very close to three medical centers one of which has pediatric residency program with subspecialists for referrals. This practice has been selected as ''Patient Centered Medical Home'' (PCMH) for five years in a row; PMCH designation increases BCBS payments by 20% Receives ITG reimbursement > 30,000/year from State Receives PGIP rewards >20,000/year. Has EHR There are about 2,000 patient charts. Annual collections is $ 550,000 (Last 5 years average) and $570,000 for 2012. Insurance distribution (approximate): Medicaid : 25 % HMO : 20 % Commercial : 55 % Current rent is $ 1,800 for 2400 sq/ft office space. Interior has been designed and paid by by the seller and included in price. There are 5 exam rooms. All furniture and equipments are included in the price. Current staff includes 3 well trained medical assistants and they are willing to stay with the new owner. Seller, is a sole practitioner and he is willing to orient the buyer as long as necessary. Financials Asking Price Range: < $150K Gross Revenues: $570,000 Cash Flow: 570,000 Cash Flow Type: Sellers Discretionary Cash Inventory: $40,000 Seller Financing: Possible About The Business Year Established:
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