Equity Interest in Family Medicine Practice

Huntsville, AL (Madison County)

Convenient and Modern Leased Location
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2016

Equity Interest in Family Medicine Practice

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Business Description

Primary Providers of Alabama, Inc. (“PPA”), a well-established family medicine practice in Huntsville, Alabama, is being offered for sale by order of the U.S. Bankruptcy Court for the Northern District of Alabama.

PPA is currently experiencing steady cash flow and has an established leased office location, a dynamic website, a patient-customer list, and systems in place for payments by major insurance and credit cards.

Any and all offers to purchase PPA must be filed with the Clerk of Court below on or before 5:00 pm CST on Friday, July 26, 2019:

Clerk’s Office
U.S. Bankruptcy Court
400 Well Street, NE # 222
Decatur, AL 35601-1951

All offers must exceed the minimum bid of $1,000.00.

All timely offers will be presented at a hearing before the U.S. Bankruptcy Court for the Northern District of Alabama to determine the terms, conditions, and bidding procedures of an auction to purchase PPA.

Potential purchasers are encouraged to see the advice of their own legal counsel.

Detailed Information

Location:
Huntsville, AL
Employees:
8
Facilities:
The sole asset for sale is the equity security interest in PPA’s corporate entity. This asset is sold subject to the terms, conditions, and debt obligations of PPA’s Chapter 11 Plan of Reorganization. This asset is sold “as is” with no additional representations or warranties.
Growth & Expansion:
For information on PPA, send an email to janelle@ssmattorneys.com or call 256-512-9924 ext. 106. Seller will provide a copy of the court-approved Disclosure Statement from the Seller’s Chapter 11 bankruptcy case by reply email or U.S. Mail.
Reason for Selling:
Order of the U.S. Bankruptcy Court
Business Website:
http://www.allmanfamilymedicine.com/
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Business Listed By:
Janelle Brunner

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