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

Houston, TX
Included in asking price
Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Monthly rent includes water/trash.
Growth & Expansion:
Accept insurance, implement advertising campaign, add additional exams/services.
Support & Training:
Seller will train to ensure smooth transition period.
Reason for Selling:
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David Chavaria

Business Listed By:
David Chavaria

Forbes International Business Real Estate

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