West Little Rock Medical Practice

AR

Seller Financing Available
West Little Rock Medical Practice
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Asking Price: $625,000

Cash Flow: $675,111

Gross Revenue: $1,152,219

EBITDA: N/A

FF&E: $25,000

Inventory: $2,500

Real Estate: $2,100,000*

Established: 1984

*not included in asking price.

West Little Rock Medical Practice

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Business Description

Medical Practice established in 1984. Located in a very desirable area with excellent local demographics. Located on a major commuter corridor with excellent frontage. Practice consists of 50% general practice and 50% personal injury. Additionally post-treatment physical therapy is offered as an in-house service to patients. The practice consistently produces seven-figure billings with Seller's Discretionary Earnings of $500,000 or more. Seller is the sole owner of the practice and is ready to retire. Seller employs one APN and sees patients five days a week. Staff is experienced, well-trained and will stay in place.

Seller/Physician only sees patients three days a week -- a new Owner/Physician could see immediate increase in billings and collections by adding more office hours. The clinic is closed on weekends, but seeing patients on Saturday morning would provide even greater opportunity for increased revenue.

There is real estate available which is NOT included in the asking price. The total real estate value is $2,600,000 and consists of two buildings.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
18,712
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business consists of two buildings 9,208sqft and 9,504sqft.
Financing:
Up to 20% ($125,000) for qualified buyers at negotiable rates and terms
Support & Training:
Owner will provide a negotiable training period to ensure and orderly transition for patients and staff.
Reason for Selling:
Owner would like to retire.
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Contact the Seller

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Connor Grimes

Business Listed By:
Connor Grimes

CBI+Team

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Sponsoring Broker:
Carl Grimes

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