Return to broker profile

Midtown Area Pediatric Clinic

Houston, TX (Harris County)

Medical Clinic
Contact Seller

Asking Price: $284,000

Cash Flow: $124,000

Gross Revenue: $417,000

EBITDA: N/A

FF&E: N/A

Inventory: $8,000

Rent: $3,300 /Month

Established: 1999

Midtown Area Pediatric Clinic

Save Print Share Valuation Report

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

Location:
Houston, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Facilities:
2,500 sq. ft. office building
Financing:
SBA Lending Candidate
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Jeff Jones

Business Listed By:
Jeff Jones

Texas Broker

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1621952 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 of Use before responding to any ad.


Similar Listings


BeeHive Homes

Franchise Opportunity In TX
Cash Required: $225,000