Private Practice, OBGYN Practice, Excellent Cash Flow

King County, WA

Seller Financing Available
Private Practice, OBGYN Practice, Excellent Cash Flow
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Asking Price: $400,000

Cash Flow: $527,400

Gross Revenue: $760,200

EBITDA: $527,400

FF&E: N/A

Inventory: N/A

Rent: $3.17 /Month

Established: 2011

Private Practice, OBGYN Practice, Excellent Cash Flow

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Business Description

OBGYN Private Practice - Retiring

Obstetrics and Gynecology practice located in affluent suburb of one of the nation's fastest growing cities. Sole practitioner.

• Long standing and loyal patient/clientele.
• Great Location
• Consistent historical and growing revenue stream
• Non-corporate, family oriented
• Private pay
• Strategic relationship, privileges with nearby world class hospital, birth center

Detailed Information

Location:
King County, WA
Real Estate:
Leased
Building SF:
2,300
Lease Expiration:
5/1/2022
Employees:
4
Facilities:
The seller's office is is in prime location co-located to the region's premier medical centers minutes from the birthing center. The seller shares the facility and overhead expenses with independent partners on complimentary women care practices. The group shares access to state of the art equipment, has six exam rooms, three doctors’ offices, one business office, two treatment rooms and was recently renovated with new furniture and fixtures throughout including the lobby.
Competition:
The practice is located in an affluent and growing suburb of Seattle. The seller often must turn away new clients due to the abundance of new patient inquiries.
Growth & Expansion:
Becoming a part of this shared facility/clinic will provide the ability to work both autonomously and as a team offering freedoms but also support. Taking over an existing practice will allow the new partner the possibility to retain the current client base.
Financing:
Bank pre-approved for SBA loan, Seller financing available
Support & Training:
Seller will stay on in the business to ensure the retention of existing patients to ensure a successful transition. The Buyer will need to have at least two years experience post-residency and enjoy working with patients in a family, patient first atmosphere.
Reason for Selling:
Retirement
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Contact the Seller

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Andrew Cross

Business Listed By:
Andrew Cross

Cross Northwest Inc.

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