Family Practice For Sale
Location:
United States
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California
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Southern California - All Southern California
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La Harbor
Industry: Health and Medical > Medical Practices
Business Summary
Well established Medical Practice for sale, located in the LA Harbor area of Los Angeles County serving a largely Hispanic patient base. The Practice is located in a busy medical office complex with several other physicians and has 7 exam and procedure rooms, Xray, front office, and waiting room in 2000 square feet. Payer mix includes approximately 50% Medicare, 30% Private Pay, and 20% HMO. The rent is $3,500 a month. Revenue in 2008 was $922,000 and seller discretionary earnings were $ 270,000. The doctor has been practicing for 34 years and wishes to retire. For more information, please email or contact Diane Combes at (818) 342-5222 ext. 314
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$922,000
Cash Flow:
$270,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 1975
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours per week following close of escrow.
Reason For Selling: Retire.
Click on the "I'm Interested" button above for more information on this Health and Medical > Medical Practices business for sale.
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Print Listing Id: 700116320
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