Seattle Eastside Medical & Urgent Care Clinic

King County, WA

Seattle Eastside Medical & Urgent Care Clinic

Asking Price:$375,000

Cash Flow:$262,000

Gross Revenue:$834,000

EBITDA:N/A

FF&E:$25,000

Inventory:N/A

Lease Rate/Sq. Ft.:$26

Established:1995

Seattle Eastside Medical & Urgent Care Clinic

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Business Description

Prime location with excellent growth potential

The clinic provides primary care and family medicine services, urgent care, and other ancillary offerings. There is a large base of recurring revenue from primary care services with over 8,500 active patient records.

The well established location, consistent quality of care, and an extensive preferred insurance provider network yields patient loyalty and a solid platform for future growth.

Please note that medical clinics must be owned by licensed medical doctors.

Attached Documents


Detailed Information

Real Estate:
Leased
Building SF:
2,700
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Strategically located clinic is in a high traffic location with easy access and excellent visibility. Attractive lease terms offered by landlord. Established location in a growing, affluent area with increasing urban density. The clinic has room for adding another doctor and has a modern, fresh design.
Competition:
Friendly competition. Market size and growth provides ample opportunity for revenue growth. The convenient close-in location with easy access is an important factor for new and existing patients choosing this clinic.
Growth & Expansion:
There is a ready opportunity to grow revenues by extending hours on weekdays and adding weekend hours. The current office space has room to add a second doctor. The influx of new residents in high density housing facilitates targeted marketing and promotion.
Financing:
Seller will consider for a qualified candidate to facilitate bank financing
Support & Training:
Seller will train and transition the practice to help ensure continuity of patients and employees.
Reason for Selling:
Retirement

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Eric Breidenbach

Business Listed By:
Eric Breidenbach

Bridgeview Brokers, Inc.

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