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Midtown Area Pediatric Clinic

Houston, TX (Harris County)

Medical Clinic
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Asking Price: $284,000

Cash Flow: $124,000

Gross Revenue: $417,000



Inventory: $8,000

Rent: $3,300 /Month

Established: 1999

Midtown Area Pediatric Clinic

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Business Description

This is a pediatric clinic located in the midtown area of Houston specializing in the regular care of children, as well as the diagnosis and treatment of illness in children that include vaccinations, health exams, and treatment of common ailments, diabetes, injuries, and handles the complex emotional and behavioral issues faced by children. 

The doctor sees patients from birth until the age of 18.  The doctor is Board Certified and is affiliated with St. Joseph Medical Center and Texas Children's Hospital.  Insurance coverage is with Aetna, Blue Card, Cigna, Humana, and Multiplan.  Approximately 80% of the patients are covered by Medicaid.  The doctor sees 10 to 20 patients per day of which 3 to 7 patients are new.  The clinic has 4 treatment rooms and a triage room.  The doctor is willing to train and work part-time in the practice after a sale.

Sales price of $200,000, plus $84,000 in collectible receivables for a total price of $284,000 with $50,000 cash down, & new SBA loan for $234,000 payable over 120 months at 7.5% = $2,777.62 P/M.

Detailed Information

Houston, TX
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
2,500 sq. ft. office building
SBA Lending Candidate
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
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Jeff Jones

Business Listed By:
Jeff Jones

Texas Broker

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