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Successful Allergy Clinic

TN

Successful Allergy Clinic

Asking Price:N/A

Cash Flow:$567,000

Gross Revenue:$1,435,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Established:1982

Successful Allergy Clinic

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Business Description

Allergy and Asthma practice focuses on Pediatric allergies. In business since 1982, this practice diagnoses and treats allergy and asthma patients in a 100 mile radius. Proprietary treatment protocols are formulated on site and administered. There are over 1900 active patients with close to 1000 on the weekly protocol. This residual income is very profitable.

Detailed Information

Inventory:
Included in asking price
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a prestigious Professional Center, this office includes large waiting room and multiple exam rooms. Doctor is currently working with Landlord to reduce footprint, eliminating space that is not needed. When completed, annual rent will be reduced by $40,000. (not reflected in cash flow) Practice is supported by the latest Aprima Practice software.
Competition:
While recent insurance pressures have had an impact on revenue and reimbursements, the business model of this practice has enabled it to remain highly profitable. Normal competition from groups and Hospital groups,but this practice carries a 34 year reputation which continues to generate referrals from a 100 mile radius. .
Growth & Expansion:
Currently Doctor sees patients 3 days a week. With the addition of another Physician, patient count could increase dramatically.
Support & Training:
Doctor desires to stay for 3-5 years to allow time to identify and recruit a replacement Doctor.
Reason for Selling:
Retirement preparation

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Bill Kendrick

Business Listed By:
Bill Kendrick

Alliant Capital Advisors LLC

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Sponsoring Broker:
Bill Marrero

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