Psychiatric Practice

San Luis Obispo, CA (San Luis Obispo County)

Seller Financing Available
Psychiatric Practice
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Asking Price: $599,000

Cash Flow: $419,489

Gross Revenue: $674,550


FF&E: $14,150

Inventory: N/A

Rent: $4,200,000 /Month

Established: 1993

Psychiatric Practice

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Business Description

This is a professional psychiatric practice established over 23 years ago with steady and verifiable income in a desirable location along California's Gold Coast in San Luis Obispo County. Affiliated with local hospitals. Majority of payments are through insurance. Approx. 4000 appoinments annually. Seller/owner could remain on salary up to 3 years Seller willing to listen to exit proposals. Not necessary to be an MD. Nurse Practioner could be an alternative addition to the practice.
The net profit is very good so even with an MD on salary the purchase of the business could be a good investment. Or it could be a good opportunity for a new doctor to enter the practice gradually.

Very High Return on Investment especially considering huge price reduction.
Current doctor would remain on salary for up to 3 years then retire.

Broker - Michael Ballas

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Detailed Information

Real Estate:
Building SF:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Office in Professional Office Park Building
Support & Training:
Reason for Selling:
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(from currently available funds)
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Michael Ballas

Business Listed By:
Michael Ballas

Michael Ballas

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