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



« Close this window »