Medical Practice For Sale
www.GlobalBX.com
Listing ID:
700203500
Listing Title:
Medical Practice For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=203500
Industry:
Health and Medical
Industry Segment:
Medical Practices
Country:
United States
State / Province:
California
Area
Southern California - Los Angeles Area
City:
Los Angeles
Asking Price Range:
$250K - $500K
Gross Revenues:
$560,000
Cash Flow:
$350,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1988
Number of Employees:
4 - 5
Business Description:
Selling a general medical practice located in Los Angeles, California. Clinic collect $560,000 annually with robust net income of $350,000. Emphasis is on primary care medicine for children through seniors providing exams, diagnosis, treatments, and minor procedures including; EKG, urinalysis, glycohemoglobin a1c, pelvic exams and paps, hearing evaluation, and prenatal care.
Owned by a family practitioner for over 25 years, situated in a medical building on the corner of a major thoroughfare next to a regional hospital with convenient freeway access. Majority of time spent in the outpatient setting. Seller admits and sees patients at 2 local hospitals and 1 nursing home.
Practice revenues come primarily from managed care contracts on fixed monthly capitations with roughly 1,500 patients in panels, along with a good number of Medicare patients and some MediCal and PPO. Collections have increased over the last year a result of the seller contracting and taking on additional HMO patients. Up to 100% medical practice financing is available. For details contact our medical practice broker at 800-416-2055 (x222) or email.
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