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Medical Practice For Sale
Location: United States -> Georgia -> Stockbridge
Industry: Health and Medical > Medical Practices

Business Summary

Family Medical Practice For Sale-McDonough, GA.

General Family Practitioner: Mitchell Family Practice has been operating under the same ownership for 6 years in McDonough, GA.

Services provided at the practice include physical exams, worker's comp, disease management, office procedures, biopsy, x-ray, dermabrasion, spirometry, EKG, and more.

Patient Mix: The practice sees approximately 49-52 patients daily. Patient mix include ages 18-68 with a approximately 40% male and 60% female.
Practice Staffing: Nine long term staffers which include 4 certified medical assistant, office manager, in house billing manager, receptionist, phlebotomist. Office hours are Monday thru Friday 8:30am-6:00pm; however, the primary doctor only works four days (8:30-am to 6:00pm) while the associate doctor also works four days 8:30am-4:00pm.
The medical facility includes 9 exam room, 4 offices, separate lab, x-ray, blood draw rooms, 4 bathrooms.

Summary of Financials:
2005 and 2004 Gross Revenues: $669,600 and $507,100.
Note: Gross Revenues are derived from a 4 day work week.

Practice sales price without real estate is approx. $375,000 with an option to purchase the building in 2-3 years.

For additional information, please provide a personal financial statement Dr. Mitchell - reference: Mitchell Family Practice. Thank you and we appreciate your interest.


Asking Price Range:  $250K - $500K
Gross Revenues:   $720,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Yes
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Relocating.

Print Listing Id: 70049410
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