Medical Practice-Lake County

Lake County, IL

Medical Practice-Lake County

Asking Price:$65,000

Cash Flow:N/A

Gross Revenue:$85,000





Medical Practice-Lake County

Get Financing Save Print Share Valuation Report

Business Description

350 active patient outpatient medical practice established in 1985. Up-to-date electronic charting system. Revenue breakdown: 50% medicare, 48% Health insurance, 2%-other. The clinic has a relationship with an area nursing home that provides referrals.

This business would be a great addition to an existing practice. The clinic has 1500 inactive charts and was very busy when it was run full time. Currently the clinic is only open 18 hours/week.

Days & Hours of Operation: M-F 10 am-2 pm, closed Wednesday, Sat-10-noon

1 Full time office manager, 1 Part time C.NA/Biller

1000 sq ft/$1500/month. 2 exam rooms, EKG , there is room to expand.
Dr owns the building and may be interested in selling also.

Reason for Sale:

Financial Data Snapshot:
FY 2015 $85,000

FY 2014 $196,733

FY 2013 $253,919

Detailed Information

1 FT/ 1 PT
1000 sq ft-$1500 month rent. Dr owns the building and will consider selling. Office is set up with 2 exam rooms and an EKG and has room for expansion.
Growth & Expansion:
The Dr has reduced hours to part time and therefore reduced revenues. In 2014 revenues were $197,000 and 2013-$254,000
Support & Training:
Will provide necessary training and support to ensure a smooth transition
Reason for Selling:

Listing Statistics for Premium Members

Ad#:1287495 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

Chuck Lutzow

Business Listed By:
Chuck Lutzow

CAL Financial Group, Inc.

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings

Rebounderz Indoor Trampoline Arena

Franchise Opportunity
Capital Required: $1,274,457