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Urgent Care Clinics For Sale
Location: United States -> California -> Northern California - All Northern California
Industry: Health and Medical > Medical Clinics




Business Summary

This opportunity is comprised of two high-volume Urgent Cares located in Northern California. They have been in business for five years

Both locations focus on Urgent Care medicine with very high volumes of patients averaging 55 per location per day. The majority of their revenue comes from a variety of payers with the largest payer being self-pay (cash). Additionally, they have several exclusive contracts and their average visit yields $110.

They have strong financial growth with 2014 revenues of just over $3.3 million, which is a significant increase from $2.5 million in 2013. Their EBITDA is equally impressive with over $1.3 million in 2014. Additionally, 2015 looks to be even stronger with several new insurance contracts that more than double their existing reimbursement rates.

The doctor/owner/operator is seeking part-time employment after the initial transition period, he is looking to spend more time with his grandchildren and is therefore seeking a partial exit. For further information, questions, or to submit an offer, please email or contact Bradley Smith at 817-793-3773.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $3,300,000
Cash Flow:   $1,300,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  2009
Number of Employees:  20 - 34
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Spend time with grandchildren




Print Listing Id: 700237584
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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