Profitable Medical Clinic in NW Central Houston - Absentee Owner

Houston, TX (Harris County)

Seller Financing Available
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Asking Price: $195,000

Cash Flow: $118,900

Gross Revenue: $238,091

EBITDA: $118,900

FF&E: $50,000

Inventory: $1,000

Rent: $2,536 /Month

Established: 2016

Profitable Medical Clinic in NW Central Houston - Absentee Owner

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Business Description

Divorce forces sale - recently remodeled independent medical clinic serves one of the fastest growing/underserved communities in Houston. The clinic specializes in primary care services for men, women, and children. Impressive client base has more than 3,000 patients with a strong influx of new patients. Accepting only credit card and cash, this clinic averages $20K+ in monthly collections! High potential to double billings by accepting insurance. Well trained and experienced staff are willing to stay. Staff consists of 1 MD, 1 nurse practitioner, 2 medical assistants. Facility size of 2,050 sf with 5 exam rooms, 2 doctor's offices, 1 storage and 1 procedure room. Currently open 6 days per week. Long-term lease includes water & trash. High visibility and minutes to Highway 290, Loop 610 N, and I-45. Simple operation and no medical
license is required to own this business. Seller will train to ensure smooth transition period. Owner finance available to qualified buyer.

Detailed Information

Location:
Houston, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,050
Lease Expiration:
4/30/2024
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Monthly rent includes water/trash.
Growth & Expansion:
Accept insurance, implement advertising campaign, add additional exams/services.
Financing:
75,000
Support & Training:
Seller will train to ensure smooth transition period.
Reason for Selling:
Divorce
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David Chavaria

Business Listed By:
David Chavaria

Forbes International Business Real Estate

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