Internal Medicine Practice with Potential for Expansion


Internal Medicine Practice with Potential for Expansion

Asking Price:$350,000

Cash Flow:$408,000

Gross Revenue:$1,205,000





Internal Medicine Practice with Potential for Expansion

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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

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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:

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Kenneth Harbin

Business Listed By:
Kenneth Harbin

Medical Practice Brokers, Inc.

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