Urgent Care Clinics With New In - House Lab Set
www.GlobalBX.com
Listing ID:
700367050
Listing Title:
Urgent Care Clinics With New In - House Lab Set
Quick Link:
http://www.globalbx.com/listing.asp?bId=367050
Industry:
Health and Medical
Industry Segment:
Medical Clinics
Country:
United States
State / Province:
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$4,610,000
Cash Flow:
$2,390,000
Cash Flow Type:
EBITDA
Year Established:
1990
Number of Employees:
50 - 99
Business Description:
Overview
- Urgent healthcare service capable of providing 85% of ER functions
- 2 locations
- >85% of population with health insurance coverage
- Growing population
- Large senior citizen population
- Millions of tourists per year
- Committed staff of PAs and Nurse Practitioners with low turnover
Future Story
Triple EBITDA in 5 years
- New in-house lab adding revenue and reducing spending with outsourced services
- Opening clinics at 2 new locations: potential for each one to add roughly $1.5 million in revenue with 9 staff members
- Urgent care market projected to grow at 4.2% CAGR through 2027
Sustainability
- Recession-proof business with essential service offering
- Strong referral base with other urgent care clinics, doctors' offices and emergency rooms
- 60% repeat patients at first location, with second location ramping up, now at 33%
Defensibility
- Waiting time considerably lower than other urgent care facilities and ERs
- Dominant service provider at first location, rapidly gaining market share at second
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