Urgent Care Clinics For Sale
www.GlobalBX.com
Listing ID:
700237584
Listing Title:
Urgent Care Clinics For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=237584
Industry:
Health and Medical
Industry Segment:
Medical Clinics
Country:
United States
State / Province:
California
Area
Northern California - All Northern California
City:
Asking Price Range:
$5.0M - $10.0M
Gross Revenues:
$3,300,000
Cash Flow:
$1,300,000
Cash Flow Type:
EBITDA
Year Established:
2009
Number of Employees:
20 - 34
Business Description:
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.
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