Internal Medicine Practice with Potential for Expansion

TX

Internal Medicine Practice with Potential for Expansion

Asking Price:$350,000

Cash Flow:$408,000

Gross Revenue:$1,205,000

EBITDA:$408,000

FF&E:$110,400

Inventory:N/A

Established:1983

Internal Medicine Practice with Potential for Expansion

Get Financing Save Print Share Valuation Report

Business Description

This highly successful Internal Medicine practice was established in 1983 in the Dallas-Fort Worth, Texas area and has been in the current location since 2008. The community is considered middle class and stable in growth. The patient base consists of approximately 3,100 and 2,900 have been seen in the last two years. All patients are required to undergo an annual physical. The practice averages approximately 135 patients per week, with 2-3 of those being new. Ninety-five percent (95%) of new patients are the result of direct referral.

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

Detailed Information

Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The practice occupies approximately 2,300 square feet in a professional building. The practice area consists of: reception area (seats 12), 5 examination rooms, nurses station, private office, staff lavatory and patient lavatory. One examination room is combined for minor surgery, one for stress testing, and one for DEXA. The building was constructed in 1990 and was remodeled in 2006.
Growth & Expansion:
The current Owner limits his practice to office visits only. A new Owner could increase collections by 1) adding hospital visits and 2) possibly adding an associate.
Support & Training:
The Owner is willing to assist in transition (terms to be negotiated).
Reason for Selling:
Retirement.

Listing Statistics for Premium Members

Ad#:1283178 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Kenneth Harbin

Business Listed By:
Kenneth Harbin

Medical Practice Brokers, Inc.

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


ARCpoint Labs

Franchise Opportunity In TX
Capital Required: $225,000