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Urgent Care Walk-in Clinic- Turn Around Opporunity MAKE OFFER

Mercer County, NJ

Urgent Care Walk-in Clinic- Turn Around Opporunity MAKE OFFER
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Asking Price: $500,000

Cash Flow: $80,000

Gross Revenue: $900,000

EBITDA: $75,000

FF&E: $181,158

Inventory: $45,000

Rent: $5,687 /Month

Established: 2009

Urgent Care Walk-in Clinic- Turn Around Opporunity MAKE OFFER

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Business Description

Well established franchised Urgent Care operation operating under franchise, located in south/central N. J. professionally designed and maintained. Employees are fully trained and seasoned. This is a turnkey operation. Serving 25-30+/- patients per day.

The center provides services for:
Urgent care including colds, flu, sinuses, fever, joint pain, breaks, sprains, ear infections, UTIs, pink eye, minor injuries, physicals, PPDs, suturing, etc.

Addiction medication, including drug and alcohol testing and administration and management of Vivitrol shots (used in treatment for both opiates and alcohol). There is an important revenue enhancement available by the addition of immigration physicals.

Occupational Medicine including treating work injuries, physicals, PPDs, vaccines, drug and alcohol testing. Some companies put credit cards on file; others are billed monthly.

Travel Medicines including physicals and all vaccines including Yellow Fever. This is a cash business paid at the time of service.

Offsite services – Services offered to employers at their facilities include CDL physicals, drug testing, and flu vaccine. All Services are paid by the employer.

Advertising is directed to primary providers advising that the operation can cover their practices during vacation times, weekends and holidays. Primary medicine is not offered, thereby providing comfort to primary medical providers that their patients will not be solicited. Patients are referred to primary providers when needed.

Staffing: 1 Medical Director (part-time), 1 Clinical Operations Director (full time), 2 physicians (part-time), 2 NPs (part-time), 3 X-Ray technicians (2 full time and 1 part time) and CMAs (1 full time and 1 part-time).

81 insurances are accepted.

The lease expires 8/19/2019. There are (2) 5 year options.

Detailed Information

Location:
Mercer County, NJ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,200
Lease Expiration:
10/19/2019
Employees:
3 ft 7 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The professionally designed layout at a cost of $850,000+/- immediately communicates confidence of quality care. This 2,200+/- sq. ft. the facility was built to provide maximum operational efficiency for this urgent care center. The layout provides for entry and waiting area laid out as follows: the entryway provides for the reception and waiting area. Rooms include the reception/waiting area, 2 offices, 4 exam rooms, a lounge, 2 toilets, a triage room, x-room, lab, toilet storage room, and a utility closet. the reception/waiting area In addition, off-site storage is provided. A complete list of medical, x-ray room, administrative and general equipment is available to qualified buyers upon request.
Competition:
Located in a dynamic and growing area of South/Central New Jersey. Market demand continues to be enhanced. Quality care and professional marketing will provide a competitive edge.
Growth & Expansion:
Opportunity to grow is significant by leveraging marketing information/outreach program and further enhancing the patient-focused care. A physician owner can bring an additional professional dimension to the facility and enhance profitability.
Support & Training:
Seller will provide post-closing training as needed.
Reason for Selling:
Has to dedicate time to other developiing business interests
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ROBERT HINKLEY

Business Listed By:
ROBERT HINKLEY

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Sponsoring Broker:
Larry Bodner

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