Profitable Medical Practice For Sale

Jackson, MS (Hinds County)

Seller Financing Available
Profitable Medical Practice For Sale
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Asking Price: $1,200,000

Cash Flow: $750,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: $20,000

Inventory: $10,000

Real Estate: $1,200,000*

Established: 1982

*not included in asking price.

Profitable Medical Practice For Sale

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Business Description

Semi retire owner Managed Medical clinic/Urgent care for sale. This location is just next to highway in a busy traffic location. Owner is sick and relocating. Seeking new management and owner. This clinic is only open 30+ hours and generate 1.4mm revenue out of which 45% net earning. Good security 30+ car parking place and 4000 sq building.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,000
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4000 Sqr Ft Free Standing building own by Seller. Current Lot has more potential to build other facilities and 30 car parking. New Buyer can use some of the facility for other Practice
Competition:
Pros:No Other Competition 50% Net earning. Solid Business and Business drives with a lot of referral. 30 years old Practice and in heavy traffic location and easily visible from highway.
Growth & Expansion:
Pros : Solid revenue maintained by Seller ..Last 3 years all 1.2 million and more Cons :Seller in his 70's and only put 15 hours in the business. Heavily reply on Staff members. New owner needs to Open it for extended hour ( Current Open-30-35 hours a week ). New owner Can triple his revenue by opening Longer hour, Doing family Practice or use it a full time Urgent care. Buying with real l estate estate will save money as well.
Support & Training:
Seller will Stay for 60 days for Training.
Reason for Selling:
Retiring
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(from currently available funds)
 
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Rajib Kabir

Business Listed By:
Rajib Kabir

Sunfield advisors

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