Family Practice For Sale

www.GlobalBX.com

Listing ID: 700222885

Listing Title: Family Practice For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=222885

Industry: Health and Medical

Industry Segment: Medical Practices

Country: United States

State / Province: California

Area

City: Orange County

Asking Price Range: < $250K

Gross Revenues: $300,000

Cash Flow: $150,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1964

Number of Employees: 4 - 5

Business Description:
Practice Information: Solo family medicine practice established for 50 years in a professional condo suite with ample parking. Practice provides traditional outpatient primary care medicine for adolescents through seniors with services including office exams, physicals, urinalysis, lab workups, and other minor procedures. Office comes complete with all furniture, medical equipment, and trained staff for a turnkey opportunity that is an excellent alternative to a startup. Payer mix consists of PPO insurances, Medicare and an exclusive capitation contract with a local IPA that pays attractive bonuses. Owner has slowed down over the last 3 years and is currently only working 4 days a week outpatient, sees 15 - 20 patients a day, and is collecting on average $300,000 a year. Seller is willing to provide transition assistance and help buyer with credentialing and transfer of IPA patients. For more information call David Lopez at 800-416-2055 (ext. 222) Community Information: The practice located in Huntington Beach, California. Huntington Beach is a coastal community in Orange County known for its surfing, beach culture, and mild climate. It is a mostly suburban city with ample parks, recreation, and good schools.



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