Medical Practice For Sale
Location:
United States
->
Georgia
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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.
SALES PRICE:
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.
Financials
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.
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: 70049410
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