Highly Successful Pediatric Practice in Fast Growth Area

TX

Highly Successful Pediatric Practice in Fast Growth Area

Asking Price:$734,000

Cash Flow:$310,000

Gross Revenue:$1,700,000

EBITDA:$310,000

FF&E:$127,300

Inventory:N/A

Established:1996

Highly Successful Pediatric Practice in Fast Growth Area

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Business Description

This highly successful general pediatric practice is located in the Greater Austin, Texas Metropolitan Area and provides care for children from newborn to age 18. This practice is well established (since 1996) and has been in the current location since 2010. In addition to the Owner, the practice employs one pediatrician, two nurse practitioners and support staff. During 2015, the practice averaged 1,034 office visits per month and, during the past seven years, has averaged $1.6 - $1.7 million in gross collections.

Interested buyers will be required to submit a signed NDA and current Curriculum Vitae for the Owner's review, prior to receiving detailed information.

Detailed Information

Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Practice leases approximately 3,350 square feet from the Owner. Owner will lease the space on a triple net basis for $25 psf/yr. Other assets include standard examination tables, computers, etc used in a pediatric practice.
Growth & Expansion:
Practice is located in one of the fastest growing communities in Central Texas.
Support & Training:
Owner will be available for transition period. Owner also willing to work part-time for buyer on terms to be negotiated.
Reason for Selling:
Slowing down.

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Kenneth Harbin

Business Listed By:
Kenneth Harbin

Medical Practice Brokers, Inc.

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