Very Profitable Established Pediatric Practice

Providence, RI (Providence County)

Seller Financing Available
Very Profitable Established Pediatric Practice

Asking Price:$500,000

Cash Flow:$560,000

Gross Revenue:$991,000

EBITDA:N/A

FF&E:$120,000

Inventory:$3,000

Established:1980

Very Profitable Established Pediatric Practice

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Business Description

Well established and efficiently run Pediatric Practice with well trained staff.. Located in the Greater Providence area of RI serving South Eastern MA and Rhode Island.

Top hospital affiliations and accreditations. The practice is focused on wellness care. No surgeries are performed except minor lancing and drainage.

Up to date medical billing processes and patient tracking.

Excellent current rent.

Open to offers and a merger with a going office so the doctor can transition into retirement.

Detailed Information

Inventory:
Included in asking price
Employees:
7 plus doctor
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Excellent facilities, 5, well equipped examining rooms. Office is near hospital with laboratories on site...ample included parking. The real estate can be acquired. Asking Price...for real estate $1,590,000
Competition:
This well located Pediatric office has over 3,000 charts. The possibilities for expansion are there.
Growth & Expansion:
A new doctor or doctors should flourish in this well located central, facility.Doctor is open to a merger and will finance a portion at attractive rate and term.
Financing:
some possible for qualified
Support & Training:
Doctor will stay on for one year.
Reason for Selling:
Retirement

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Rosalind Rossi-Newton

Business Listed By:
Rosalind Rossi-Newton

Hewitt Newton Associates

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